Schoeller-Bleckmann Oilfield Equipment AG / Preliminary result for 2014

12.01.2015, 3135 Zeichen



ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

annual result/preliminary result for 2014 12.01.2015
Schoeller-Bleckmann Oilfield Equipment AG: Preliminary result for 2014
Sales and bookings increased\nContinued high operating profitability\nOne-off effects impact net income\n Array
Ternitz/Vienna, 12 January 2015. Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, posted sound business results according to preliminary figures for fiscal 2014. Sales climbed by 6.4% to MEUR 488 (2013: MEUR 458.6). Earnings before interest and taxes (EBIT) before one-off effects of approximately MEUR 100 are expected to arrive slightly above the previous year (2013: MEUR 97.7), representing an expected EBIT margin before one-off effects of 20.5%, clearly above the long-term average. Compared to the previous year, SBO grew bookings in 2014 to MEUR 497, up 16.7% (2013: MEUR 425.9). Year-on-year, bookings received in the fourth quarter also climbed to MEUR 127 (Q4 2013: MEUR 95).
EBIT in 2014 are impacted by one-off effects amounting to an expected total of approximately MEUR 18 and containing essentially an adjustment of the goodwill of U.S. subsidiary Godwin-SBO L.L.C. required by the currently volatile situation in the oilfield service industry. Furthermore, this amount contains already announced expenses of around MEUR 5 dedicated to structural improvements of the company's shareholdings in the UK.
As the market environment is influenced by the oil price situation SBO expects the oilfield service industry to develop at a considerably less stable level in the 2015 financial year compared to 2014.
Note: All figures are preliminary and rounded. This release replaces the communication concerning the preliminary result for 2014 originally scheduled for 16 January 2015. Final results for the past financial year 2014 (1 January to 31 December 2014) will be published by SBO on 19 March 2015.
end of ad-hoc-announcement ================================================================================ Schoeller-Bleckmann Oilfield Equipment AG is the global market leader in high-precision components and a leading supplier of oilfield equipment for the oilfield service industry. The business focus is on non-magnetic drillstring components and high-tech downhole tools for drilling and completing directional and horizontal wells. As of 31 December 2014, SBO employed a workforce of 1720 worldwide (31 December 2013: 1574), thereof 451 in Ternitz/Austria and 714 in North America (including Mexico).
end of announcement euro adhoc
issuer: Schoeller-Bleckmann Oilfield Equipment AG Hauptstrasse 2 A-2630 Ternitz phone: 02630/315110 FAX: 02630/315101 mail: sboe@sbo.co.at WWW: http://www.sbo.at sector: Oil & Gas - Upstream activities ISIN: AT0000946652 indexes: WBI, ATX Prime, ATX

stockmarkets: official market: Wien language: English
Digital press kit: http://www.ots.at/pressemappe/2917/aom

Christian Drastil: Wiener Börse Plausch

Wiener Börse Party #1201: Verfallstag mit klar schwächerem ATX (AT&S), Frequentis top, Vorbereitung oekostrom AG und oje, Marinomed!

SBO

Bildnachweis

1. SBO: ISIN, Gründung, Erstnotiz, ATX-Start, Specialist, Market Cap, Handelsvolumen, Dividende   >> Öffnen auf photaq.com

Aktien auf dem Radar:AT&S, Porr, Agrana, Austriacard Holdings AG, Amag, Polytec Group, Wienerberger, CPI Europe AG, Lenzing, Mayr-Melnhof, FACC, ATX, ATX Prime, ATX TR, ATX NTR, Erste Group, RBI, Frequentis, Marinomed Biotech, Semperit, Wolford, Wolftank-Adisa, Bawag, EuroTeleSites AG, Österreichische Post, Telekom Austria, UBM, Travelers Companies, Fresenius Medical Care, SAP, Deutsche Telekom.

---

Mehr aktuelle OTS-Meldungen HIER