C.A.T. oil Maintains Positive Growth Momentum

Companies ♦ Published: November 29, 2011; 09:53 ♦ (Vindobona)

The Austrian provider of oil and gas field services achieved an all-time high in operating activity levels. Revenue increased by 14.3% to € 74.7m in the third quarter of the year.

C.A.T. oil Maintains Positive Growth Momentum / Picture: © Vindobona.org

C.A.T. oil today announced results for the third quarter and the first nine months of 2011. Backed by the continued positive growth momentum of the second quarter, the Company continued the positive trend and increased its Q3 revenues by 14.3% yoy to € 74.7m (Q3 2010: € 65.4m). On a nine month basis revenues were up by 20.6% yoy to € 209.7m (9M 2010: € 173.8m)

The Company…

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