EANS-News: C.A.T. oil AG / C.A.T. oil benefits from expansion into sidetrack drilling in 2008 (Presseportal)
April 30th, 2009
- Revenues up 24.1% YoY to EUR 276.2 million representing an all-time-high – Growth driver sidetrack drilling: contribution to revenues rose to around 30% of total revenues in 2008, up from 16% in 2007 – Total EBITDA declined 5.1% YoY to EUR 47.2 million due to cost pressure – Order book for 2009 amounted to EUR 188 million at the end of Q1 2009 robust demand for brownfield services – Cost …
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