Foraco International S.A. Company Profile - Aug 16, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Foraco International S.A.
                                                                                      440 Wheelers Farms Road
                                                                                      Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Euro

                                 Wright Quality Rating:LAA15                               Key Data

   Foraco International SA (Foraco) is a drilling service provider with operations in 19   Ticker:
   countries. The Company operates 119 drill rigs throughout the world, providing a        FAR
   diverse range of drilling services to its customer base. The Company is engaged in
   destructive and nondestructive drilling, as well as drill rig design capabilities. It   2010 Sales:
   provides solutions to mining companies, governmental organizations, and
                                                                                           124,270,142
   international development funds. The Company has two main segments: Mining and
   Energy, and Water, Environmental and Infrastructure. Its subsidiaries include Foraco
   Corp, Gode International SASU, Geo Ghana Ltd and Foraco Sahel Sarl. In May 2010,        Major Industry:
   the Company acquired the remaining interest in Adviser Drilling SA. In June 2010, the   Utilities
   Company acquired a 50% controlling interest in LLC Eastern Drilling Company (EDC)
   from Russia.                                                                            Sub Industry:
                       Stock Chart                                 Officers                Water Companies
                                                          Chairman & Chief Executive
                                                                Daniel Simoncini           Country:
                                                                                           France
                                                           Deputy Chief Executive &
                                                            Chief Financial Officer        Currency:
                                                            Jean-Pierre Charmensat
                                                                                           Euro

                                                                                           Fiscal Year Ends:
                                                                                           December

                                                                                           Employees
                                                                                           1,988

                                                                                           Exchanges:
                                                                                           TOR

                                                                                           Share Type:
                                                                                           ORDINARY
								
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