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Bourbon Board Of Directors News

06 Nov 2014

Malgrain Named Executive VP of Bourbon

Photo courtesy of Bourbon

At a meeting on November 4, Bourbon’s board of directors appointed Nicolas Malgrain as executive vice president effective December 1, 2014. He will be in charge of the group’s strategy, finance and administration. Malgrain, nominated on the proposal of the chief executive officer Christian Lefevre, will succeed Laurent Renard, who will retire effective December 31, 2014, on the executive committee. The group's executive committee now includes Christian Lefevre, Chief Executive Officer…

09 Apr 2013

Bourbon Board to Submit Resolutions at Shareholder Meeting

As of the stock market on June 03, 2013, the Bourbon share will be quoted ex-dividend. The dividend will be paid June 06, 2013. The record date entitling shareholders to the dividend is the close of the stock exchange on May 31, 2013. The delegation of authority granted to the Board of Directors to increase the share capital by incorporation of reserves in the form of a bonus share award to shareholders with a ratio of one new share for 10 existing shares. Fractional odd lot shares will not be transferable or negotiable; the corresponding shares will be sold. The Record Date for the shares to be eligible for this assignment is June 4 in the evening. This award will take place as of June 5, 2013, the date on which Bourbon’s share price will be adjusted until July 4, 2013.

04 Dec 2012

Bourbon Director Resigns

Christian de Chateauvieux's resignation for personal reasons accepted by the Bourbon Board of Directors. Mr. Christian de Chateauvieux has been a Director since 1990, playing a role in Bourbon’s growth and with a focus on offshore oil marine services. All members of the Board of Directors thanked him for his commitment during his term in office. Bourbon offers oil and gas companies a comprehensive range of surface and subsea marine services for offshore oil and gas fields and wind farms, based on its extensive range of latest-generation vessels. The company has two businesses (Marine Services and Subsea Services) and also protects the French coastline for the French Navy.

17 Mar 2011

Bourbon Annual Results 2010

Despite challenging conditions, the resilience shown by a 2010 EBITDA of 240.9 million euros, validates the pertinence of BOURBON’s strategy Net income, group share of 39.2 million euros “The 2010 results obtained, despite an unusually sluggish market, illustrate the merits of a strategy aimed at meeting client needs in terms of safety, reliability and lower costs through continuous investments in innovative and high-performance vessels”  says Jacques de Chateauvieux, Chairman of the BOURBON Board of Directors. “The conditions for the success of the plan are now met,” stresses Christian Lefèvre, Chief Executive Officer of BOURBON. “Cash from the 500 million euros disposal plan is already available.

10 Nov 2010

Bourbon Quarterly Financial Information

“In a market environment that continues to be difficult, Bourbon can today report third-quarter 2010 revenue growth of 6.4%. This confirms the upturn in our Offshore activity, announced previously and already in evidence in the second quarter. It also confirms our strategic choices and reflects our unique positioning on the market. Our clients are enthusiastic about the new BOURBON vessels which are proving to be more innovative, safer and capable of keeping their operating costs down,” said Jacques de Chateauvieux, Chairman & Chief Executive Officer of Bourbon. “Bourbon predicted a gradual recovery in the oil companies’ activity in the second half of 2010 and more substantial growth in 2011. The activity of the third quarter confirms this trend.

07 May 2009

Bourbon 1Q Results

Bourbon’s revenues for the first quarter of 2009 were up 12.8% compared with the same period in 2008, totaling $320.8m. The Offshore Division posted strong growth, benefiting from the full effect of vessels commissioned in 2008 and a favorable base effect. The Bulk Division felt the dual effect of an activity slowdown and a collapse in freight rates. Finally, the taking into account of the rate of the dollar makes the comparison favorable for Bourbon. "In a market environment now affected by the economic slowdown and falling oil prices, the Offshore Division still has strong potential for growth owing to its investment strategy in innovative and high performance vessels at lower costs for clients,” said Jacques de Chateauvieux, Chairman and Chief Executive Officer of Bourbon.

30 May 2007

Bourbon Holds Combined Annual and Special Shareholders' Meeting

The Bourbon Combined Annual and Special Shareholders' Meeting was held yesterday under the Chairmanship of Jacques de Chateauvieux at the Palais Brongniart in Paris. This dividend, which has increased by 20% compared to 2005 taking into account the stock split, will be paid on June 1, 2007. It will entitle individuals who are tax residents in France to a tax-free allowance of 40%, i.e. 0.24 euro per share. capital stock of the company by 3,188,437.72 euros to 35,072,819.98 euros. shares. existing shares. The company also announced the re-election of Mrs. Victoire de Margerie and Mr. As their respective terms are expiring, they have been re-elected for a period of three years, until the Shareholders' Meeting convened to approve the accounts of the financial year ending on December 31, 2009.