Brief: Schoeller-Bleckmann Oilfield Equipment FY EBITDA Down At EUR 100 Mln

SBO AG

22/01/2025 06:03

Jan 22 (Reuters) - SCHOELLER-BLECKMANN OILFIELD
EQUIPMENT AG  SBOE.VI :
    * SBO WITH STRONG CASH GENERATION AND SOLID RESULTS DESPITE
CHALLENGING MARKET CONDITIONS
    * GROUP'S FY EBITDA AMOUNTED TO MEUR 100 (2023: MEUR 131.3)
    * FY EBITDA MARGIN OF 17.9%
    * FY PROFIT BEFORE TAX AMOUNTED TO MEUR 62 (2023: MEUR 94.2)
    * CASH AND CASH EQUIVALENTS ALMOST DOUBLED TO MEUR 315 IN
2024
(2023: MEUR 162.4)
    * FY EBIT OF MEUR 69 (2023: MEUR 102.3)
    * FY SALES OF MEUR 560 IN 2024 WERE JUST SLIGHTLY BELOW
RECORD
LEVEL OF PREVIOUS YEAR (2023: MEUR 585.9)
    * 2024 PROFIT BEFORE TAX AMOUNTED TO MEUR 62 (2023: MEUR
94.2)
    * FY EBIT MARGIN OF 12.3% REFLECT DIFFICULT MARKET
ENVIRONMENT IN
US AND CAUTIOUS INVESTMENT BEHAVIOR INTERNATIONALLY

Source text:  ID:nEQ1m6pK2a 
Further company coverage:  SBOE.VI 

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