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CGG Announces its 2016 Third Quarter Results Persistently difficult market conditions Third quarter Revenue down to $264m GDR: resilient with solid multiclient prefunding, leading to an 88% areolate
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Persistently difficult market conditions refer to ongoing challenges and obstacles faced by a particular market that make it hard for businesses to operate successfully.
Businesses operating in a market experiencing persistently difficult conditions are required to file reports on the situation.
To fill out persistently difficult market conditions, businesses need to provide detailed information on the challenges faced, impact on operations, and any measures taken to address the difficulties.
The purpose of reporting persistently difficult market conditions is to provide transparency and insight into the challenges faced by businesses in a particular market.
Businesses must report on the specific challenges faced, impact on operations and financial performance, and any strategies implemented to overcome the difficulties.
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