Schoeller-Bleckmann Oilfield Equipment

EQS-News: HY 2023: SBO with high profitability and double-digit growth

Retrieved on: 
Thursday, August 24, 2023

Net liquidity remained high at MEUR 24.5 and the gearing ratio was at minus 5.7 %.

Key Points: 
  • Net liquidity remained high at MEUR 24.5 and the gearing ratio was at minus 5.7 %.
  • Gerald Grohmann, CEO of SBO: “Our performance in the first half of this year demonstrates our financial and operational strength.
  • Our high liquidity and cashflow generation demonstrate our financial strength and provide a solid base for continued growth," says SBO CEO Gerald Grohmann.
  • In the long term, SBO aims to generate around 50 % of its sales mainly in sustainable energy technologies.

EQS-News: Schoeller-Bleckmann Oilfield Equipment AG:

Retrieved on: 
Tuesday, August 22, 2023

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed in the leading index ATX of the Vienna Stock Exchange, continued its strong growth in the first half of 2023 following the excellent year 2022.

Key Points: 
  • Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed in the leading index ATX of the Vienna Stock Exchange, continued its strong growth in the first half of 2023 following the excellent year 2022.
  • The SBO Group’s business is divided into two segments: Advanced Manufacturing & Services (AMS) and Oilfield Equipment (OE).
  • Capital expenditure on property, plant and equipment and intangible assets (excluding right of use assets) amounted to MEUR 17.3 (1-6/2022: MEUR 13.8).
  • For the second half of 2023 and beyond, the oilfield service industry is looking optimistically towards the future.

Schoeller-Bleckmann Oilfield Technology Expands Additive Manufacturing Capabilities with a Velo3D Sapphire XC

Retrieved on: 
Tuesday, August 8, 2023

Velo3D , Inc. ( NYSE: VLD ), a leading metal additive manufacturing technology company for mission-critical parts, today announced that Schoeller-Bleckmann Oilfield Technology (SBOT), a leading provider of high-precision components for the oil and gas industry, has purchased a Sapphire XC large-format printer to expand its additive manufacturing capabilities.

Key Points: 
  • Velo3D , Inc. ( NYSE: VLD ), a leading metal additive manufacturing technology company for mission-critical parts, today announced that Schoeller-Bleckmann Oilfield Technology (SBOT), a leading provider of high-precision components for the oil and gas industry, has purchased a Sapphire XC large-format printer to expand its additive manufacturing capabilities.
  • (Photo: Business Wire)
    SBOT has extensive expertise in manufacturing high-quality components for the oil and gas industry, including more than a decade of experience offering its customers additive manufacturing capabilities.
  • By adding a Sapphire XC printer, SBOT can easily scale the production of parts previously printed and qualified on the Sapphire printer.
  • "Additive manufacturing continues to see growing adoption and through Velo3D's Sapphire XC 3D printer, our team can scale up the production of parts for customers with the Sapphire XC’s 400% throughput increase over the original Sapphire,” said Campbell MacPherson, SBO EVP of Advanced Manufacturing.

Bleckmann wins "Overall Logistics Innovation 2023 Award" from SupplyTech Breakthrough

Retrieved on: 
Monday, June 19, 2023

LOS ANGELES, June 19, 2023 /PRNewswire-PRWeb/ -- SupplyTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout technology companies, products and services in the supply chain technology and logistics industry around the globe, today announced that Bleckmann, the expert in Supply Chain Management (SCM) for fashion and lifestyle brands, is the recipient of the "Overall Logistics Innovation 2023 A SupplyTech Breakthrough Awards Program".

Key Points: 
  • LOS ANGELES, June 19, 2023 /PRNewswire-PRWeb/ -- SupplyTech Breakthrough , a leading independent market intelligence organization that evaluates and recognizes standout technology companies, products and services in the supply chain technology and logistics industry around the globe, today announced that Bleckmann , the expert in Supply Chain Management (SCM) for fashion and lifestyle brands, is the recipient of the "Overall Logistics Innovation 2023 A SupplyTech Breakthrough Awards Program".
  • We're thrilled to be among the winners of the 2023 SupplyTech Breakthrough Awards -," said Nicole Basset, Circularity Lead of Bleckmann.
  • Through acquisition and integration of TRW, Bleckmann has developed something that is now repeatable and scalable," said Bryan Vaughn, Managing Director of SupplyTech Breakthrough Awards.
  • Bleckmann offers an advanced way of managing returns, leading to a more sustainable future and satisfied end-consumers."

EQS-News: Schoeller-Bleckmann Oilfield Equipment AG: SBO posts highest 9-month sales and earnings figures in the past ten years

Retrieved on: 
Sunday, November 27, 2022

SBO's sales in the first nine months of the year climbed to MEUR361.3, up 73% year-on-year.

Key Points: 
  • SBO's sales in the first nine months of the year climbed to MEUR361.3, up 73% year-on-year.
  • EBIT increased by 350%, standing at MEUR72.6, and profit after tax grew six-fold to MEUR 55.3.
  • Sales in the OE segment rose to MEUR 179.4 (1-9/2021: MEUR 105.5), and EBIT more than quintupled to MEUR32.9 (1-9/2021: MEUR6.3).
  • In the current year, we managed to grow dynamically with the market and expect to see a continuation in 2023.

Baker Hughes Announces Simplified Organization to Enhance Profitability and Position for Growth

Retrieved on: 
Tuesday, September 6, 2022

HOUSTON and LONDON, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (Baker Hughes or the Company) has announced it is restructuring and simplifying its organization and accelerating its strategic transformation.

Key Points: 
  • HOUSTON and LONDON, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Baker Hughes Company (NASDAQ: BKR) (Baker Hughes or the Company) has announced it is restructuring and simplifying its organization and accelerating its strategic transformation.
  • These changes will simplify operations, enhance profitability, and drive growth, meeting customer needs and producing solutions in the rapidly evolving energy and industrial markets.
  • Today, we are taking a deliberate next step in our strategic journey to transform and simplify our operations and position Baker Hughes for the future, said Lorenzo Simonelli, chairman and CEO of Baker Hughes.
  • Amidst a very dynamic backdrop, Baker Hughes continues to work diligently to enhance operational execution and re-shape the organization.

EQS-News: SBO increases half-year result 2022 eightfold

Retrieved on: 
Thursday, August 18, 2022

EBIT rose fivefold to MEUR 45, profit after tax eightfold to MEUR 34

Key Points: 
  • EBIT rose fivefold to MEUR 45, profit after tax eightfold to MEUR 34
    Ternitz, August 18, 2022.
  • At MEUR44.8, EBIT rose fivefold year-on-year, and profit after tax of MEUR 34.4 increased eightfold compared to the previous year.
  • In March 2022, SBO presented its Strategy 2030, which provides for building a new segment in the fields of energy transition and green tech industries.
  • Profit before tax generated by SBO went to MEUR42.7 (1-6/2021: MEUR6.6), and profit after tax increased eightfold to MEUR34.4 (1-6/2021: MEUR4.2).

EQS-News: Schoeller-Bleckmann Oilfield Equipment AG: Strong development in the first quarter of 2022

Retrieved on: 
Tuesday, May 24, 2022

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (SBO), which is listed on the ATX leading index of the Vienna Stock Exchange, recorded a clearly positive development in the first quarter of 2022.

Key Points: 
  • Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (SBO), which is listed on the ATX leading index of the Vienna Stock Exchange, recorded a clearly positive development in the first quarter of 2022.
  • At the same time, the expansion of renewable energy sources is receiving a strong boost from the current situation.
  • Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased to MEUR 23.5 in the first quarter of 2022, following MEUR 11.6 in the first quarter of 2021.
  • In the first quarter of 2022, SBOs equity increased to MEUR 360.5 (31 December 2021: MEUR 340.9).

Velo3D Qualifies Copper Alloy for Use in Sapphire Family of Printers

Retrieved on: 
Thursday, May 5, 2022

Velo3D , Inc. ( NYSE: VLD ), a leading metal additive manufacturing technology company for mission-critical parts, has qualified the copper-chromium-niobium alloy GRCop-42 for use in its Sapphire family of printers.

Key Points: 
  • Velo3D , Inc. ( NYSE: VLD ), a leading metal additive manufacturing technology company for mission-critical parts, has qualified the copper-chromium-niobium alloy GRCop-42 for use in its Sapphire family of printers.
  • View the full release here: https://www.businesswire.com/news/home/20220505005013/en/
    A cross-sectioned thrust chamber printed on a Velo3D Sapphire system in GRCop-42.
  • The alloy was created after research teams identified ways to make improvements to previously-developed copper alloys.
  • VELO, VELO3D, SAPPHIRE, and INTELLIGENT FUSION, are registered trademarks of Velo3D, Inc.; and WITHOUT COMPROMISE, FLOW and ASSURE are trademarks of Velo3D, Inc. All Rights Reserved Velo3D, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220505005013/en/

Bleckmann acquires The Renewal Workshop and develops a fully circular supply chain proposition

Retrieved on: 
Wednesday, March 16, 2022

This step is part of the company's efforts to create a fully circular supply chain proposition for Bleckmann's fashion and lifestyle clients.

Key Points: 
  • This step is part of the company's efforts to create a fully circular supply chain proposition for Bleckmann's fashion and lifestyle clients.
  • The acquisition of The Renewal Workshop enables Bleckmann to enhance its service portfolio with extensive renewal and recommerce services.
  • With the use of The Renewal Workshop solution by Bleckmann, fashion and lifestyle brands may significantly decrease their environmental footprint.
  • Bleckmann has the resources, expertise, and commitment to scale renewal and recommerce for the industry," said Nicole Bassett, Co-Founder and Co-CEO of The Renewal Workshop.