SBO: Increase in Profits by 79%

IndustrialsIndustrial Goods ♦ Published: January 18, 2011; 00:24 ♦ (Vindobona)

The Austrian Oilfield equipment manufacturer Schoeller-Bleckmann (SBO) announces increasing sales as well as profits.

SBO: Increase in Profits by 79% / Picture: © Schoeller-Bleckmann Oilfield Equipment

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, generated in 2010 a remarkable increase in sales and profit due to a positive market environment.

Based on preliminary figures, group sales went up by 22% from 251.6m in the year before to € 306.0. Earnings before taxes (EBT) rose considerably by 79% from € 23.5m in 2009 to…