Brief: Schoeller Bleckmann Q1 Profit Before Tax At EUR 14.3 Mln

SBO AG

19/05/2022 07:05

May 19 (Reuters) - SCHOELLER BLECKMANN OILFIELD EQUIPMENT AG
 SBOE.VI :
    * STRONG DEVELOPMENT IN THE FIRST QUARTER OF 2022
    * Q1 ORDER INTAKE MORE THAN DOUBLED TO MEUR 129, SALES
INCREASED
BY AROUND 70 %,
    * Q1 EBIT QUADRUPLED TO MEUR 15.5
    * Q1 PROFIT AFTER TAX INCREASES TO MEUR 11.4, COMPARED TO
MEUR 1
IN Q1 2021
    * Q1 BOOKINGS WENT UP SHARPLY, AMOUNTING TO MEUR 129.1 IN
FIRST
THREE MONTHS OF 2022, AN INCREASE OF 115.2 % (1-3/2021: MEUR
60.0)
    * Q1 SALES ALSO ROSE STEEPLY TO MEUR 100.5 (1-3/2021: MEUR
59.3)
    * ORDER BACKLOG INCREASED TO MEUR 144.2 AT END OF MARCH (31
DECEMBER 2021: MEUR 111.7)
    * Q1 EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION, AND
AMORTIZATION (EBITDA) INCREASED TO MEUR 23.5 IN Q1 OF 2022,
FOLLOWING MEUR 11.6 IN Q1 OF 2021
    * Q1 PROFIT FROM OPERATIONS (EBIT) ARRIVED AT MEUR 15.5,
MORE THAN
FOUR TIMES LEVEL ACHIEVED YEAR-ON-YEAR (1-3/2021: MEUR 3.6)
    * Q1 PROFIT BEFORE TAX GENERATED BY SBO CAME TO MEUR 14.3
(1-3/2021: MEUR 2.4), AND PROFIT AFTER TAX WAS MEUR 11.4
(1-3/2021: MEUR 1.0)
    * Q1 EARNINGS PER SHARE IN Q1 OF 2022 WENT TO EUR 0.72
(1-3/2021:
EUR 0.06)

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

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