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C.A.T. oil AG experienced good start in first quarter 2016:Revenues in Rouble and profitability maintained on level of 2015, but exchange rate dynamics puts pressure on consolidated financial statements

Published: May 27, 2016; 18:05 · (Vindobona)

In the first three months of 2016 the C.A.T. oil Group experienced a good start despite the ambivalent economic conditions: The revenues in Russian Roubles maintained the level of 2015 and the service operation facilities of the Company were contracted almost up to 100% for the year 2016.

C.A.T. oil AG experienced good start in first quarter 2016:Revenues in Rouble and profitability maintained on level of 2015, but exchange rate dynamics puts pressure on consolidated financial statements / Picture: © Vindobona

 

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Subtitle: • Sales revenues in rouble maintain their level of…

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AT0000A00Y78