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2007 November 8   12:29

Bourbon says its Q3 revenues rises 35%

French-based offshore support and dry bulk shipowner Bourbon says its Q3 revenues rose 35% over the same period in 2006 to total euros200.4m. The company says the growth was driven by higher revenues in all its divisions.
Similarity over the first 9 months of this year, revenues were up 31.5% at current exchange rates (but 40.2% at constant exchange rates).
Bourbon chairman and chief executive officer Jacques de Chateauvieux stated: "This new increase in revenues in the third quarter reflects the excellent level of activity of our two Divisions in all our operating regions. Bourbon is benefiting both from the steady rate of new vessel deliveries and a favourable market context that should continue in the fourth quarter."

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