Brief: Schoeller Bleckmann FY Profit After Tax Up At Eur 21.0 Mln

SBO AG

17/03/2022 07:03

March 17 (Reuters) - SCHOELLER BLECKMANN OILFIELD EQUIPMENT
AG  SBOE.VI :
    * EARNINGS 2021 SHOW STRONG RETURN TO THE PROFIT ZONE
    * DIVIDEND OF EUR 0.75 PER SHARE PROPOSED
    * DIVIDEND OF EUR 0.75 PER SHARE PROPOSED
    * FY PROFIT AFTER TAX RISES TO MEUR 21, AFTER MEUR MINUS
21.7 IN
2020
    * FY (EBIT) RETURNED TO POSITIVE TERRITORY AND CAME TO MEUR
28.2
IN 2021, FOLLOWING A LOSS OF MEUR MINUS 28.0 IN 2020.
    * STRATEGY 2030: BUILDING A GREEN TECH SEGMENT IN ADDITION
TO
EXISTING BUSINESS
    * FY SALES ARRIVED AT MEUR 292.8, FOLLOWING MEUR 291.2 IN
2020
    * IMPLICATIONS OF RUSSIA-UKRAINE CONFLICT FOR ENERGY MARKETS
NOT
FULLY ASSESSABLE YET, LITTLE EFFECT ON SBO BUSINESS AT MOMENT
    * FY EBIT MARGIN CAME TO 9.6 % (2020: MINUS 9.6 %)
    * EQUITY OF SBO GROUP INCREASED BY AROUND 19 % IN 2021 AND
ARRIVED
AT MEUR 340.9 (2020: MEUR 287.0)

Source text for Eikon:  ID:nEQ9s9WZNa 
Further company coverage:  SBOE.VI 

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