Feb 10, 2022 / 08:00AM GMT
Presentation
Feb 10, 2022 / 08:00AM GMT
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Corporate Participants
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* Kristian Kuvaas Johansen
TGS ASA - CEO
* Sven Børre Larsen
TGS ASA - CFO
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Kristian Kuvaas Johansen - TGS ASA - CEO
Good morning, and welcome to TGS Q4 2021 Earnings Release. My name is Kristian Johansen, I'm the CEO of TGS. And with me today, I have our CFO, Sven Larsen. Let me first draw your attention to the forward-looking statements that you can read when we finish up the presentation. The highlights for Q4 of 2021, we had net revenues of $120 million. That's segment numbers. That consists of late sales of about $83 million. That's actually slightly down from last year or Q4 last year, but it's significantly up from $33 million in Q3 of 2021.
We had prefunding revenues of $25 million. That accounts for 46% prefunding and we had proprietary sales that came in higher than usual at $12 million. And the reason for that beat is partly related to a survey -- a proprietary survey that we did in the
Q4 2021 TGS ASA Earnings Presentation Transcript
Feb 15, 2024
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