Schoeller-Bleckmann Oilfield Equipment AG with record year in sales and profit in fiscal 2012


Ternitz/Vienna, 17 January 2013: Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, posted an absolute record year in sales and profit in fiscal 2012. This was due to the strong industry cycle particularly in the first half of 2012, which SBO, as the global market leader in high-precision components for the oilfield service industry, benefited from.

Based on preliminary figures, group sales went from MEUR 408.6 in the previous year to MEUR 514.0, up 25.8 %. Earnings before tax (EBT) climbed by an impressive 40.7 %, from MEUR 78.2 in 2011 to MEUR 110.0.

The final figures for full fiscal 2012 (1 January to 31 December 2012) will be published by SBO on 20 March 2013.


Schoeller-Bleckmann Oilfield Equipment AG is the global market leader in high-precision components for the oilfield service industry. The business focus is on non-magnetic drillstring components for directional drilling. As at 31 December 2012, SBO has employed a workforce of 1,591 worldwide (31 December 2011: 1,459), 460 in Ternitz/Austria and 651 in North America (including Mexico).


Further inquiry note:

Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz, Hauptstraße 2
Tel: +43 2630/315 ext 251
E-mail: f.schuetz@sbo.co.at
 


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Contact

Schoeller-Bleckmann

Oilfield Equipment AG


Hauptstraße 2
A-2630 Ternitz


Tel.: +43 (0)2630 315-253
Fax: +43 (0)2630 315-101


E-Mail:

investor.relations@sbo.co.at

media.relations@sbo.co.at


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