Report
Baptiste Lebacq

Schoeller Bleckmann : Solid results in 2023 confirmed

>Final results published this morning - Schoeller-Bleckmann (SBO) published its results for 2023 (preliminary results published mid-January). SBO group's sales stand at € 585.9m (+16.9% y-o-y) supported by the AMS division with 32.2% growth. Bookings reached € 543.7m (2022 was a record year at € 646m). The order backlog at year-end remained at a high level at € 225.4m (2022: € 265.0m).EBITDA amounted to € 131.3m (2022: € 129.1m); adjusted for forex losses, E...
Underlying
Schoeller-Bleckmann Oilfield Equipment AG

Schoeller-Bleckmann Oilfield Equipment is engaged as a producer of high precision components and a supplier of oilfield equipment for the oilfield service industry. Co. focuses on non-magnetic drillstring components (non-magnetic drill collars) and downhole tools for drilling and completing directional and horizontal wells. The High Precision Components segment consists of the manufacturing of MWD (Measuring While Drilling) and LWD (Logging While Drilling) precision drillstring components. The Oilfield Equipment segment comprises production and distribution of non-magnetic drill collars, drilling motors and tools for downhole circulation applications, repair and maintenance services.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Baptiste Lebacq

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