Edition:
India

Bourbon Corporation SA (GPBN.PA)

GPBN.PA on Paris Stock Exchange

3.67EUR
7 Oct 2019
Change (% chg)

-- (--)
Prev Close
€3.67
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
129,851
52-wk High
€4.82
52-wk Low
€1.75

Latest Key Developments (Source: Significant Developments)

Bourbon Gives Update On Research Operations Of Bourbon Rhode Crew
Saturday, 5 Oct 2019 

Oct 5 (Reuters) - Bourbon Corporation SA ::BOURBON GIVES UPDATE ON RESEARCH OPERATIONS OF BOURBON RHODE CREW.SEARCH OPERATIONS SINCE SEPT 26 BY CROSS FRENCH WEST INDIES-GUYANA, FRENCH NAVY FOUND 3 SURVIVORS OF BOURBON RHODE SHIPWRECK, BODIES OF 4 SEAFARERS.SEVEN OTHER CREWMEMBERS ARE STILL MISSING.SEVERAL VESSELS HAVE CONTINUED TO SURVEY SEARCH AREA TODAY, WITH NO RESULTS FOR PAST 4 DAYS.CROSS HAS DECIDED TO MAKE SEARCH OPERATION EVOLVE."IT WILL REGULARLY DISSEMINATE MESSAGES TO VESSELS IN SHIPWRECK ZONE AND ASK THEM TO CARRY OUT ADAPTED WATCH".  Full Article

Bourbon Reports Death Of Fourth Crew Member Of Bourbon Rhode
Wednesday, 2 Oct 2019 

Oct 2 (Reuters) - BOURBON CORPORATION SA ::DEATH OF ANOTHER CREW MEMBER FOLLOWING SINKING OF BOURBON RHODE IN ATLANTIC OCEAN ON SEPTEMBER 26.BODY OF THIS FOURTH SEAFARER WAS DISCOVERED YESTERDAY AND TRANSFERRED ON FRENCH NAVY'S "VENTÔSE" FRIGATE.A NEW UPDATE ON SITUATION WILL BE ISSUED SOON.  Full Article

Bourbon Reports Death Of One Of Crew Members Of Bourbon Rhode
Monday, 30 Sep 2019 

Sept 30 (Reuters) - BOURBON CORPORATION SA ::UPDATE ON RESEARCH OPERATIONS OF BOURBON RHODE CREW.REPORTS DEATH OF ONE OF CREW MEMBERS OF BOURBON RHODE.BODY OF MISSING SEAFARER WAS LOCATED BY ONE OF AIRCRAFT INVOLVED IN SEARCH AND HAS BEEN RECOVERED BY ONE OF FIVE VESSELS THAT CAME TO ASSIST.RESCUE OPERATIONS ARE CONTINUING TO FIND OTHER CREW MEMBERS.NEW UPDATE ON SITUATION WILL BE ISSUED SOON.  Full Article

Bourbon: H1 Net Loss Group Share Narrows To EUR 135.2 Mln
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - BOURBON CORPORATION SA ::BOURBON FIRST HALF 2019 RESULTS ANNOUNCED.H1 NET LOSS GROUP SHARE EUR 135.2 MILLION VS LOSS OF EUR 197.1 MILLION YEAR AGO.ADJUSTED CONSOLIDATED H1 REVENUE INCREASED BY 3.5% TO EUR 361.5 MILLION .H1 FREE CASH FLOW WAS EUR 36.5 MILLION VS EUR 33.0 MILLION YEAR AGO.H1 ADJUSTED EBIT LOSS AT EUR 52.4 MILLION.H1 AVERAGE UTILIZATION RATE 54.5% VS 52.7% YEAR AGO.H1 AVERAGE DAILY RATES (IN US$/DAY) $8,219 VS $7,888 YEAR AGO.GROWTH IN GLOBAL DEMAND FOR OIL REMAINS LOW WITH STRONG VOLATILITY IN OIL PRICES.HOWEVER, OIL PRICES HAVE REMAINED AT AVERAGE LEVEL OF AROUND $50-60 PER BARREL.BOURBON CONTINUES TO FOCUS ON CONTROLLING ITS OPERATING AND GENERAL COSTS.  Full Article

Bourbon Corporation updates on discussions with its creditors
Monday, 22 Jul 2019 

July 22 (Reuters) - Bourbon Corporation SA ::ACKNOWLEDGES THAT CERTAIN CREDITORS OF GROUP AFFILIATES HAVE ADDRESSED TO LATTER A CREDIT PAYMENT REQUEST AND/OR CONTRACTUAL ALLOWANCES.GROUP HAS REQUESTED SUSPENSION OF LISTING.AS A GUARANTOR OF PART OF THIS AMOUNT, I.E. APPROXIMATELY 800 MILLION DOLLARS, IS EXAMINING AVAILABLE OPTIONS AND INTENDS TO PURSUE DISCUSSIONS WITH ITS CREDITORS.  Full Article

Bourbon Partners With Peugeot Design Lab On Crew Boat Cabin Design
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Bourbon Corporation SA ::REG-BOURBON PRESS RELEASE: BOURBON PARTNERS WITH PEUGEOT DESIGN LAB TO DESIGN NEW CABINS FOR ITS CREW BOATS.FIRST "BUSINESS CLASS" CABIN WILL BE OPERATIONAL IN MID-2020.FIRST PROTOTYPE OF A LONG DISTANCE "CREWLINER" VESSEL (36 METRES) EQUIPPED WITH A "BUSINESS CLASS" CABIN FOR 46 PASSENGERS WILL BE DELIVERED IN EARLY 2020.FUTURE CABINS WILL BE BUILT DIRECTLY ONTO EXISTING VESSELS IN A "PLUG & PLAY" MODE, ALONG WAY FROM MID-2020.  Full Article

Bourbon Appoints Jacques de Chateauvieux Executive Chairman
Monday, 1 Jul 2019 

July 1 (Reuters) - BOURBON CORPORATION SA ::ANNOUNCED ON FRIDAY IT REUNITED FUNCTIONS OF CHAIRMAN OF BOARD OF DIRECTORS AND CEO.JACQUES DE CHATEAUVIEUX APPOINTED EXECUTIVE CHAIRMAN (PRESIDENT-DIRECTEUR GENERAL).GAEL BODENES APPOINTED CHIEF EXECUTIVE OFFICER (DIRECTEUR GENERAL DELEGUE) WITH RESPONSIBILITY OF MANAGING COMPANY.  Full Article

Board Of Directors Of Bourbon Corporation Wishes To Further Analyze Financial Restructuring Proposals Received
Wednesday, 19 Jun 2019 

June 19 (Reuters) - BOURBON CORPORATION SA ::BOARD OF DIRECTORS OF BOURBON CORPORATION WISHES TO FURTHER ANALYZE FINANCIAL RESTRUCTURING PROPOSALS RECEIVED.OFFER FROM BOURBON'S MAIN LENDERS AND VESSEL LESSORS (75% OF GROUP'S DEBT) PROPOSES EUR 120 MILLION IN NEW MONEY IN FORM OF DEBT.OFFER FROM BOURBON'S MAIN LENDERS AND VESSEL LESSORS PROPOSES REDUCTION OF EXISTING DEBT OF MORE THAN EUR 1.4 BILLION THROUGH CONVERSION INTO CAPITAL.OFFER FROM BOURBON'S MAIN LENDERS AND VESSEL LESSORS IS VALID UNTIL JUNE 27, 2019.OFFER LED BY MAIN SHAREHOLDER JACQUES DE CHATEAUVIEUX AND HIS FINANCIAL PARTNERS, PROPOSES CONTRIBUTION OF EUR 80 MILLION IN NEW MONEY IN FORM OF DEBT AND EUR 164 MILLION LOAN.SAYS AT THIS STAGE, BOARD OF DIRECTORS IS NOT ABLE TO PRONOUNCE ITSELF IN FAVOR OF ONE OF THESE PROPOSALS.SAYS BOARD'S MAIN GOALS REMAIN TO GUARANTEE A SUSTAINABLE LEVEL OF DEBT, TO RECEIVE NEW MONEY TO SUPPORT GROUP'S GROWTH, AND A STABLE SHAREHOLDERS STRUCTURE THAT HAS TRUST OF BOURBON PARTNERS AND TEAMS.FINAL OFFERS WILL BE FURTHER REVIEWED BY BOARD AS EARLY AS POSSIBLE.  Full Article

Bourbon Corporation Q1 Adj. Revenue Up At EUR 178 Mln
Thursday, 2 May 2019 

May 2 (Reuters) - Bourbon Corporation SA ::Q1 2019 SAW THE CONTINUED STABILIZATION OF ACTIVITY, WITH ADJUSTED REVENUE OF €178.0 MILLION (CONSOLIDATED REVENUE OF €162.3 MILLION).Q1 ADJUSTED REVENUE EUR 178.0 MILLION VERSUS EUR 171.0 MILLION YEAR AGO.Q1 AVERAGE UTILIZATION RATE 54.5 PERCENT VERSUS 53.0 PERCENT YEAR AGO.END-Q1 NUMBER OF VESSELS 477.4 VERSUS 507.2 YEAR AGO.Q1 AVERAGE DAILY RATE (IN US$/DAY) $8,172 VERSUS $8,179 YEAR AGO.  Full Article

Bourbon Awarded Integrated Logistics Contracts By Shell In Bulgaria
Thursday, 28 Mar 2019 

March 28 (Reuters) - BOURBON CORPORATION SA ::REG-BOURBON AWARDED A SIGNIFICANT INTEGRATED LOGISTICS CONTRACTS BY SHELL IN BULGARIA, IN LINE WITH ITS #BOURBONINMOTION STRATEGIC PLAN.DRILLING OPERATION IS SCHEDULED TO START EARLY APRIL AND SHOULD LAST ABOUT 3 TO 4 MONTHS.  Full Article