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Schoeller-Bleckmann Oilfield Equipment AG / Annual result 2015
Press Wire ♦
Published: March 17, 2016; 08:01 ♦ (Vindobona)
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Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, had to face a massive decline of global drilling activities by 45 % in the 2015 financial year, as did the entire oilfield service industry. Despite this extremely difficult environment, SBO managed to generate a positive operative result (EBIT) before impairments and a record free cashflow. Moreover, the companys significantly increased its liquid funds.
Schoeller-Bleckmann Oilfield Equipment AG / Annual result 2015 / Picture: © Vindobona.org
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