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Schoeller-Bleckmann Oilfield Equipment AG / Sound result despite unfavourable market environment - SBO consistently takes countermeasures - Verystrong balance sheet structure: Liquid funds exceed MEUR 200

Published: May 19, 2015; 08:03 · (Vindobona)

The oilfield service industry, as expected, was hit by the massive decline in drilling activity and the following investment reductions of oil companies in the first quarter of 2015. SBO responded to this development by initiating a set of countermeasures at an early stage to partly absorb the effects of the downturn.

Schoeller-Bleckmann Oilfield Equipment AG / Sound result despite unfavourable market environment - SBO consistently takes countermeasures - Verystrong balance sheet structure: Liquid funds exceed MEUR 200 / Picture: © Vindobona.org

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quarterly report

Ternitz/Vienna, 19 May 2015. The oilfield service industry, as expected, was hit
by the massive decline in drilling activity and the following investment
reductions of oil companies in the first quarter of 2015. SBO…

This article includes a total of 1178 words.

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