Brief: Schoeller-Bleckmann CEO sees U.S. tariff hit of €5 million in 2025

SBO AG

22/05/2025 09:22

May 22 (Reuters) - CEO of Schoeller-Bleckmann Oilfield Equipment AG SBOE.VI tells Reuters:

U.S. TARIFFS WILL AFFECT SLIGHTLY LESS THAN 1% OF OUR SALES, SO WE EXPECT AROUND €5 MILLION FOR 2025

IF CUSTOMERS CONTINUE TO HOLD OFF DUE TO CUSTOMS UNCERTAINTY AND THERE IS OVERCAPACITY, Q1 COULD HAVE BEEN OUR BEST QUARTER

OVER SHORT TERM, WE HAVE UNCERTAIN ENVIRONMENT THAT WE WILL MANAGE

NOT WORRIED ABOUT MEDIUM AND LONG TERM PROSPECTS

Further company coverage: SBOE.VI

 (Reporting by Alexandra Schwarz-Görlich in Vienna)

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