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C.A.T. oil achieved all-time high in job count, profitability andearnings in Q3 2014

Published: November 27, 2014; 07:31 · (Vindobona)

C.A.T. oil AG, a leading providers of oil and gas field services in Russia and Kazakhstan,continued on its growth track in the third quarter. The Company successfully boosted revenues and achieved a significant earnings growth despite persisting geopolitical instabilities. C.A.T. oil benefited from positive demand dynamics among its customers and high operating activities.

C.A.T. oil achieved all-time high in job count, profitability andearnings in Q3 2014 / Picture: © Vindobona

Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.

Subtitle: • Despite the rouble devaluation, revenues improved 7.0% yoy to EUR
120.7 million in Q3 2014
• The Q3 2014 EBITDA went up 16.6% yoy to EUR 38.8 million with the EBITDA
margin expanding to 32.2%
• Net income surged…

This article includes a total of 2360 words.

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ISIN
AT0000A00Y78