Brief: Schoeller Bleckmann Oilfield Equipment 9M EBIT Up At EUR 72.6 Mln

SBO AG

24/11/2022 07:03

Nov 24 (Reuters) - SCHOELLER BLECKMANN OILFIELD
EQUIPMENT AG  SBOE.VI :
    * SBO POSTS HIGHEST 9-MONTH SALES AND EARNINGS FIGURES IN
THE PAST
TEN YEARS
    * NINE MONTHS EBIT ROSE 350 PERCENT TO 72.6 MILLION EUR
    * HIGHEST 9-MONTH SALES AND EARNINGS FIGURES IN PAST TEN
YEARS
    * BOOKINGS AT AN ALL-TIME HIGH OF MEUR 431.1, SALES INCREASE
TO
MEUR 361.3
    * SBO POSTS HIGHEST 9-MONTH SALES AND EARNINGS FIGURES IN
PAST TEN
YEARS • BOOKINGS AT AN ALL-TIME HIGH OF MEUR 431.1, SALES
INCREASE TO MEUR 361.3
    * 9M EBIT MORE THAN QUADRUPLED TO MEUR 72.6, PROFIT AFTER
TAX
INCREASED SIX-FOLD TO MEUR 55.3
    * INDUSTRY IS LOOKING TO ANOTHER YEAR OF GROWTH IN 2023
    * 9M EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION, AND
AMORTIZATION (EBITDA) INCREASED TO MEUR 96.8 IN 2022, FOLLOWING
MEUR 40.1 IN FIRST THREE QUARTERS OF 2021, AND EBITDA MARGIN
WENT UP TO 26.8 % (1-9/2021: 19.2 %)
    * CONFIRM A POSITIVE OUTLOOK FOR YEAR 2023
    * 9MTH PRE-TAX RESULT OF MEUR 69.9 (1- 9/2021: MEUR 12.7, UP
BY
450 %), WHEREAS PROFIT AFTER TAX INCREASED SIX-FOLD COMPARED TO
PREVIOUS YEAR TO MEUR 55.3 (1-9/2021: MEUR 8.9, UP BY 523 %).

Source text for Eikon:  ID:nEQb7r6Z0a 
Further company coverage:  SBOE.VI 
 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))