Brief: Schoeller Bleckmann Oilfield Equipment AG Quarterly Bookings Up By 9.6% In Q2

SBO AG

22/08/2024 06:04

Aug 22 (Reuters) - SCHOELLER-BLECKMANN OILFIELD
EQUIPMENT AG  SBOE.VI :
    * SBO WITH HIGH CASH FLOW DESPITE LOWER EARNINGS, ADVANCING
STRATEGIC  EXPANSION INTO GROWTH REGIONS
    * QUARTERLY BOOKINGS UP BY 9.6% IN Q2 AFTER 1.7% GROWTH IN
Q1
    * WILL BE ABLE TO DELIVER IMPROVED, POSITIVE RESULTS IN OE
DIVISION AS EARLY AS Q3 AND BENEFIT FROM A US MARKET REBOUND IN
MEDIUM TERM
    * SBO WILL BE ABLE TO DELIVER IMPROVED, POSITIVE RESULTS IN
OE
DIVISION AS EARLY AS Q3 AND BENEFIT FROM A US MARKET REBOUND IN
MEDIUM TERM
    * REMAINS POSITIVE ABOUT OIL AND GAS INDUSTRY AND CONTINUES
TO
INVEST IN ITS CORE BUSINESS TO CAPTURE GROWTH OPPORTUNITIES IN
NEW MARKETS

Source text for Eikon:  ID:nEQ20XSqha 
Further company coverage:  SBOE.VI 

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