Brief: Schoeller Bleckmann Oilfield Equipment Not To Distribute Dividend For FY 2020

SBO AG

17/03/2021 07:07

March 17 (Reuters) - SCHOELLER BLECKMANN OILFIELD EQUIPMENT
AG  SBOE.VI :
    * FY GROUP SALES FELL BY 34.6% DUE TO GLOBAL ECONOMIC CRISIS
AND
LOWER ENERGY CONSUMPTION, ARRIVING AT MEUR 291.2, DOWN FROM MEUR
445.3 IN 2019
    * FY EBITDA) STOOD AT MEUR 27.1 (2019: MEUR 108.6)
    * SCHOELLER BLECKMANN OILFIELD EQUIPMENT AG - FY PROFIT FROM
OPERATIONS (EBIT) BEFORE ONE-OFF ITEMS WAS MEUR MINUS 5.6 (2019:
MEUR 60.8)
    * FY EBIT AFTER ONE-OFF ITEMS CAME TO MEUR MINUS 28.0 (2019:
MEUR
60.2)
    * FY PROFIT AFTER TAX WAS MEUR MINUS 21.7 IN 2020 (2019:
MEUR
32.3)
    * WILL PROPOSE TO ANNUAL GENERAL MEETING ON 29 APRIL 2021
NOT TO
DISTRIBUTE A DIVIDEND FOR FINANCIAL YEAR 2020

Source text for Eikon:  ID:nAPA6mJDl9 
Further company coverage:  SBOE.VI 

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