Schoeller-Bleckmann Oilfield Equipment AG: Sound financial year 2013
Ternitz/Vienna, 15 January 2014. Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, recorded sound business development in fiscal 2013 according to preliminary figures. After the absolute record year 2012, group sales generated in 2013 arrived at MEUR 458.0 (following MEUR 512.1). While the earnings before tax (EBT) of MEUR 83.0 also were below the 2012 record figure of MEUR 110.1, the pre-tax margin of 18.1 % was very satisfying.
As expected, fiscal 2013 was marked by weaker bookings. The market environment remained unchanged at the turn of the year 2013 to 2014.
The final results for the past financial year 2013 (1 January to 31 December 2013) will be published by SBO on 10 March 2014.
Schoeller-Bleckmann Oilfield Equipment AG is the global market leader in high-precision components for the oilfield service industry. The business focus is on non-magnetic drillstring components for directional drilling. As at 31 December 2013, SBO employed a workforce of 1573 worldwide (31 December 2012: 1591), 434 in Ternitz/Austria and 607 in North America (including Mexico).
Further inquiry note:
Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz, Hauptstraße 2
Phone: +43 2630/315 ext 251, fax ext 501
e-mail: f.schuetz@sbo.co.at
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