Schoeller Bleckmann tops Austria index after fivefold EBIT growth

SBO AG

18/08/2022 09:38

** Shares of Schoeller Bleckmann Oilfield Equipment
 SBOE.VI  jump around 7% after the Austrian oil and gas
equipment manufacturer reported higher operating profit in H1
 urn:newsml:reuters.com:*:nASM000NWZ
    ** The company's reports EBIT rose fivefold to 44.8 million
euros ($45.50 million)
    ** It added it expects to see sustained positive business
development for its industry in second half of 2022
    ** The stock reaches two-week high and tops the Austrian
blue chip  .ATX 
    


($1 = 0.9845 euros)

 (Reporting by Anastasiia Kozlova)
 ((Anastasiia.Kozlova@thomsonreuters.com))