Bourbon Subsea Services reported revenue and operating results for the third quarter and nine months of 2018. For the quarter, the company reported adjusted revenues were €37.9 million against €52.1 million a year ago.

For the nine months, the company reported adjusted revenues were €95.4 million against €176.5 million a year ago.

For the quarter, the company reported operating indicators as number of vessels 20.0 and average utilization rate is 54.3% against number of vessels 22.0 and average utilization rate is 63.4% a year ago.

For the nine months, the company reported operating indicators as number of vessels 20.4 and average utilization rate is 46.4% against number of vessels 22.0 and average utilization rate is 62.2% a year ago.