Brief: Schoeller Bleckmann Oilfield Equipment H1 Profit After Tax At EUR -12.0 Mln

SBO AG

13/08/2020 13:40

Aug 13 (Reuters) - SCHOELLER BLECKMANN OILFIELD EQUIPMENT AG
 SBOE.VI :
    * DUE TO MASSIVE HIT TO GLOBAL ECONOMIC ENVIRONMENT FROM
COVID-19,
CO HAS RECOGNIZED NON-CASH IMPAIRMENT OF ASSETS AT SUBSIDIARIES
IN NORTH AMERICA
    * OPERATING RESULT (EBIT) BEFORE ONE-OFF EFFECTS IN FIRST
HALF OF
2020 ARRIVED AT MEUR 12 (1-6/ 2019: MEUR 38.9) AND WAS IMPACTED
BY IMPAIRMENT EXPENSES OF APPROXIMATELY MEUR 20
    * H1 PROFIT AFTER TAX WAS MEUR MINUS 12 (1-6/2019: MEUR
17.2)
    * HALF-YEAR SALES CAME TO MEUR 185 (1-6/2019: MEUR 236.2).
    * H1 NET DEBT WENT DOWN TO MEUR 7 (31 DECEMBER 2019: MEUR
20.1)

Source text for Eikon:  ID:nAPA8ZVYPy 
Further company coverage:  SBOE.VI 

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