SBO reports increased bookings and sequential earnings growth
Navigating geopolitical challenges, the firm expands into geothermal energy and additive manufacturing markets.
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Manufacturer of precision components and energy equipment
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In short: SBO navigated a challenging oil market with declining profits while advancing diversification into geothermal and additive manufacturing.
Navigating geopolitical challenges, the firm expands into geothermal energy and additive manufacturing markets.
Sales were flat sequentially at MEUR 98.5, EBITDA declined to MEUR 11.4 amid geopolitical disruptions.
Annual General Meeting uses 2025 retained earnings for 50% payout ratio. Expands Supervisory Board to six members, elects new member Franz Viehböck.
Sales fell to MEUR 455.3 with EBITDA MEUR 71.0 (15.6% margin). Advanced diversification via 3T acquisition and expansions in Saudi Arabia, Vietnam. Proposes EUR 0.75 dividend.
SBO recorded a profit decline in the first half of the year, but rising orders and recovery in the second quarter give hope.
EQS-News: Schoeller-Bleckmann Oilfield Equipment AG / Keyword(s): Annual result Fiscal year 2023: SBO with all-time high in revenue 20.03.2024 / 08:00 CET/CEST For the...
(new: CEO Mader to Reuters, share price) * Profit slump in Q1, but orders picking up * Middle East conflict weighs on logistics * SBO expects recovery...
The Lower Austrian oilfield equipment supplier SBO recorded the expected profit slump in the first quarter of 2026, but sees a clear trend reversal in orders. SBO CEO Klaus Mader expressed...
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