SBO: Analysts Demonstrate Optimistism

Businessn.a. ♦ Published: August 22, 2012; 12:20 ♦ (Vindobona)

Tomorrow, the Austrian Schoeller Bleckmann Oilfield Group will present its results for the first half year of 2012. All relevant indicators are expected to improve substantially.

SBO: Analysts Demonstrate Optimistism / Picture: ©

Against the reference period of 2011, Erste Group and RCB (Raiffeisen Centrobank) expect SBO to record a remarkable increase in earnings, sales and net income. On average, revenues are estimated to come at € 245.5m, which corresponds to an increase of 26.3%. SBO´s EBIT is anticipated to increase by 43.5% to € 57.6m. SBO´s pre-tax profit is estimated to grow by 56% to € 36.4m.…

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