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Schlumberger: Seasonal Business Goes Well
Austria's largest producer of sparkling wine was able to improve its results and sales. Only the cash flow remains negative.
Schlumberger, the Austrian manufacturer of sparkling wine shows an increase in domestic sales of around 8% over the previous year in the business season (October to December), just before the turn of the year. At the same time, the company’s sales of Austrian sparkling wine rose in this period by 10%. The publicly traded Schlumberger AG was able to follow the growth trend after a…
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