Schlumberger Grows Moderately

CompaniesRetail & Consumer ♦ Published: February 11, 2011; 01:02 ♦ (Vindobona)

Schlumberger, the stock exchange listed champagne and spirits manufacturer has achieved a sales growth of 4.3% in the first three quarters of 2010/11.

Schlumberger Grows Moderately / Picture: © Schlumberger

Consolidated sales for the first nine months of the current financial year amount to € 186.7m (+4.3% compared with the same period of 2009/10). The profit of € 2.06m is over 3.5% above the comparable period of the previous year. After the success of the Christmas business season, particularly important for the industry, the management board holds onto the growth planning objectives…