SBO Reports Steady Q1 Performance Amid Global Challenges

Schoeller-Bleckmann Oilfield Equipment AG (SBO) announced robust first-quarter results despite global uncertainties. Sales reached EUR 129.2 million, displaying resilience amid macroeconomic instability. The EBITDA stood at EUR 26.4 million, increasing the margin to 20.4%, while EBIT was EUR 18.3 million with a margin of 14.2%. The company reported a post-tax profit of EUR 13.0 million, equating to EUR 0.83 per share.

Amid declining oil prices and trade tensions, SBO's bookings were MEUR 108.3, slightly below Q4 2024. Though sales in Precision Technology (PT) declined by 29.7%, Energy Equipment (EE) saw a 10.5% increase. Operating cash flow surged to MEUR 22.7, with free cash flow rising to MEUR 13.3 due to reduced working capital.

SBO continues to navigate challenges by adjusting production and costs, focusing on operational efficiency and international expansion. While the market remains cautious, SBO's strategic initiatives and financial stability provide a strong foundation for future growth, supported by a high cash position and market opportunities in the global energy sector.