Bourbon reported consolidated revenue and operating results for the first quarter ended March 31, 2018. For the quarter, the company reported adjusted revenues of €171.0 million against €225.5 million a year ago. Consolidated revenues were €157.6 million against €204.9 million a year ago.

For the quarter, average utilization rate was 53.0% against 54.5% a year ago. Average daily rate was USD 8,179 per day against USD 8,769 per day a year ago.