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Schoeller-Bleckmann Oilfield Equipment AG

EANS-Adhoc: Schoeller-Bleckmann Oilfield Equipment AG: Very strong results posted for fiscal 2011

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
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Preliminary Figures 2011

17.01.2012

Ternitz/Vienna, 17 January 2012: Schoeller-Bleckmann Oilfield Equipment AG
(SBO), listed on the ATX market of the Vienna Stock Exchange, again posted a
remarkable increase in sales and profit in fiscal 2011. This was due to SBO's
position as the global market leader in high-precision components for the
oilfield service industry and the strong industry cycle that remained unaffected
by the economic slowdown seen in the second half of 2011. 

Based on preliminary figures, group sales went from MEUR 307.7 in the previous
year to MEUR 407.0, up 32 %. Earnings before tax (EBT) climbed by an impressive
80 %, from MEUR 42.9 in 2010 to MEUR 77.0. Earnings before interest and taxes
(EBIT) stood at MEUR 89.0, increasing by 80 % from MEUR 49.4 in 2010.

The final figures for full fiscal 2011 (1 January to 31 December 2011) will be
published by SBO on 8 March 2012.

end of ad-hoc-announcement
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Schoeller-Bleckmann Oilfield Equipment AG is the global market leader in
high-precision components for the oilfield service industry. The business focus
is on non-magnetic drillstring components for directional drilling. As at 31
December 2011, SBO has employed a workforce of 1,459 worldwide (31 December
2010: 1,275), 412 in Ternitz/Austria and 635 in North America (including
Mexico). 

Further inquiry note:
MMag Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz/Austria, Hauptstrasse 2
Tel.: +43 2630 315-251
Fax: +43 2630 315-501
E-Mail:  f.schuetz@sbo.co.at

end of announcement                               euro adhoc 
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issuer:      Schoeller-Bleckmann Oilfield Equipment AG
             Hauptstrasse 2
             A-2630 Ternitz
phone:       02630/315110
FAX:         02630/315101
mail:         sboe@sbo.co.at
WWW:         http://www.sbo.at
sector:      Oil & Gas - Upstream activities
ISIN:        AT0000946652
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

Original-Content von: Schoeller-Bleckmann Oilfield Equipment AG, übermittelt durch news aktuell

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