Reported Earnings • May 23
First quarter 2026 earnings released: EPS: €0.001 (vs €0.83 in 1Q 2025) First quarter 2026 results: EPS: €0.001 (down from €0.83 in 1Q 2025). Revenue: €98.5m (down 24% from 1Q 2025). Net income: €19.0k (down 100% from 1Q 2025). Profit margin: 0% (down from 10% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 29
Upcoming dividend of €0.75 per share Eligible shareholders must have bought the stock before 06 May 2026. Payment date: 13 May 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (4.0%). Declared Dividend • Mar 23
Dividend reduced to €0.75 Dividend of €0.75 is 57% lower than last year. Ex-date: 6th May 2026 Payment date: 13th May 2026 Dividend yield will be 2.2%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (85% earnings payout ratio) but not covered by cash flows (123% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 125% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 22
Full year 2025 earnings released: EPS: €1.50 (vs €2.88 in FY 2024) Full year 2025 results: EPS: €1.50 (down from €2.88 in FY 2024). Revenue: €455.3m (down 19% from FY 2024). Net income: €23.6m (down 48% from FY 2024). Profit margin: 5.2% (down from 8.1% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Aankondiging • Dec 09
SBO AG, Annual General Meeting, Apr 30, 2026 SBO AG, Annual General Meeting, Apr 30, 2026. Reported Earnings • Nov 21
Third quarter 2025 earnings released: EPS: €0.19 (vs €0.60 in 3Q 2024) Third quarter 2025 results: EPS: €0.19 (down from €0.60 in 3Q 2024). Revenue: €104.6m (down 24% from 3Q 2024). Net income: €3.06m (down 68% from 3Q 2024). Profit margin: 2.9% (down from 6.9% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 25% per year. Reported Earnings • Aug 24
Second quarter 2025 earnings released: EPS: €0.35 (vs €0.64 in 2Q 2024) Second quarter 2025 results: EPS: €0.35 (down from €0.64 in 2Q 2024). Revenue: €124.4m (down 12% from 2Q 2024). Net income: €5.50m (down 45% from 2Q 2024). Profit margin: 4.4% (down from 7.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 22% per year. Aankondiging • Aug 22
SBO AG (WBAG:SBO) entered into an agreement to acquire 3T Additive Manufacturing Ltd for £4.8 million. SBO AG (WBAG:SBO) entered into an agreement to acquire 3T Additive Manufacturing Ltd for £4.8 million on August 19, 2025. A cash consideration of £4.76 million will be paid by SBO AG. As part of consideration, £4.76 million is paid towards common equity of 3T Additive Manufacturing Ltd.
For the period ending December 31, 2024, 3T Additive Manufacturing Ltd reported total revenue of £5 million.
The acquisition is subject to regulatory approvals in the UK. The expected completion of the transaction is in the second half of 2025. Reported Earnings • May 23
First quarter 2025 earnings released: EPS: €0.83 (vs €0.95 in 1Q 2024) First quarter 2025 results: EPS: €0.83 (down from €0.95 in 1Q 2024). Revenue: €129.2m (down 12% from 1Q 2024). Net income: €13.0m (down 13% from 1Q 2024). Profit margin: 10% (in line with 1Q 2024). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • May 02
Upcoming dividend of €1.75 per share Eligible shareholders must have bought the stock before 08 May 2025. Payment date: 15 May 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (6.8%). Aankondiging • Apr 26
Schoeller-Bleckmann Oilfield Equipment AG Approves Dividend Payment for the Year 2024, Payable on 15 May 2025 Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft at its AGM held on April 24, 2025, approved to use the retained earnings of EUR 40.4 million reported in 2024 to pay a dividend of EUR 1.75 per share. The remaining amount will be carried forward to new account. The dividend payment date is 15 May 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €30.30, the stock trades at a forward P/E ratio of 9x. Average trailing P/E is 10x in the Energy Services industry in Europe. Total loss to shareholders of 33% over the past three years. Declared Dividend • Mar 23
Dividend of €1.75 announced Shareholders will receive a dividend of €1.75. Ex-date: 8th May 2025 Payment date: 15th May 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 58% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jan 27
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft, Annual General Meeting, Apr 24, 2025 Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft, Annual General Meeting, Apr 24, 2025. Reported Earnings • Nov 22
Third quarter 2024 earnings released: EPS: €0.60 (vs €0.81 in 3Q 2023) Third quarter 2024 results: EPS: €0.60 (down from €0.81 in 3Q 2023). Revenue: €137.6m (down 3.5% from 3Q 2023). Net income: €9.43m (down 26% from 3Q 2023). Profit margin: 6.9% (down from 8.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: €0.64 (vs €1.39 in 2Q 2023) Second quarter 2024 results: EPS: €0.64 (down from €1.39 in 2Q 2023). Revenue: €141.3m (down 4.1% from 2Q 2023). Net income: €10.0m (down 54% from 2Q 2023). Profit margin: 7.1% (down from 15% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 26
First quarter 2024 earnings released: EPS: €0.95 (vs €1.35 in 1Q 2023) First quarter 2024 results: EPS: €0.95 (down from €1.35 in 1Q 2023). Revenue: €146.7m (flat on 1Q 2023). Net income: €15.0m (down 30% from 1Q 2023). Profit margin: 10% (down from 14% in 1Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 25
Upcoming dividend of €2.00 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (3.6%). Aankondiging • Oct 12
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (WBAG:SBO) acquired Praxis Completion Technology FZCO. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (WBAG:SBO) signed an agreement to acquire Praxis Completion Technology FZCO for $22 million on June 1, 2023. The purchase price for the acquisition is $22 million of which 80 % is due at closing and 20% two years after closing and will be increased by the results generated from January 1, 2023 to Closing, as well as working capital adjustments. Praxis Completion Technology has reported sales of around $15 million for fiscal year ended December 31, 2022. The transaction is subject to regulatory approvals. The transaction is expected to complete during second half of 2023. The compensation had not yet been determined at the time of closing.
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (WBAG:SBO) acquired Praxis Completion Technology FZCO on October 10, 2023. Buying Opportunity • Oct 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.2%. The fair value is estimated to be €64.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 103%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 9.1% in the next 2 years. Reported Earnings • Aug 28
Second quarter 2023 earnings released: EPS: €1.39 (vs €1.46 in 2Q 2022) Second quarter 2023 results: EPS: €1.39 (down from €1.46 in 2Q 2022). Revenue: €147.4m (up 21% from 2Q 2022). Net income: €21.8m (down 5.2% from 2Q 2022). Profit margin: 15% (down from 19% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 09
Schoeller-Bleckmann Oilfield Equipment Ag Announces Executive Changes January 1 2024 Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft announced that effective January 1, 2024 At the beginning of the year, CEO Gerald Grohmann announced after 22 years in the position that he would not renew his contract that runs until the end of the year. Until then, he will remain in the position in a fully operational capacity . As of January 2024, Klaus Mader, currently Chief Financial Officer (CFO) of SBO, will assume the position of Chief Executive Officer (CEO) and CFO in combination. Campbell MacPherson, currently head of SBO's Advanced Manufacturing & Services (AMS) division, will be promoted to the Executive Board and become Chief Operating Officer (COO) of the company. With this decision, the Supervisory Board combines the best expertise and market knowledge with a high degree of continuity in the company's management. Mader Klaus Mader, 53, who holds a degree in business administration, joined SBO's Executive Board as CFO in autumn 2015. From 2000 to 2015he held management positions within the Tyrolit Group, including ten years as Executive Vice President Finance & Administration. Prior to that, the financial expert held various positions in finance, controlling and tax among others at Wienerberger Baustoffindustrie AG. About Campbell MacPherson Campbell MacPherson, 48, has worked for the SBO Group for a total of 15 years. Prior to his current position as Executive Vice President of the AMS Division of SBO, the British national was Managing Director of the subsidiaries in Great Britain and Vietnam, among others. Aankondiging • Jun 02
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (WBAG:SBO) signed an agreement to acquire Praxis Completion Technology FZCO for $22 million. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (WBAG:SBO) signed an agreement to acquire Praxis Completion Technology FZCO for $22 million on June 1, 2023. The purchase price for the acquisition is $22 million of which 80 % is due at closing and 20% two years after closing and will be increased by the results generated from January 1, 2023 to Closing, as well as working capital adjustments. Praxis Completion Technology has reported sales of around $15 million for fiscal year ended December 31, 2022. The transaction is subject to regulatory approvals. The transaction is expected to complete during second half of 2023. Reported Earnings • May 26
First quarter 2023 earnings released: EPS: €1.35 (vs €0.72 in 1Q 2022) First quarter 2023 results: EPS: €1.35 (up from €0.72 in 1Q 2022). Revenue: €147.3m (up 47% from 1Q 2022). Net income: €21.3m (up 87% from 1Q 2022). Profit margin: 14% (up from 11% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 16
Upcoming dividend of €2.00 per share at 3.8% yield Eligible shareholders must have bought the stock before 23 May 2023. Payment date: 25 May 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (4.5%). Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: €4.78 (vs €1.33 in FY 2021) Full year 2022 results: EPS: €4.78 (up from €1.33 in FY 2021). Revenue: €501.2m (up 71% from FY 2021). Net income: €75.2m (up 259% from FY 2021). Profit margin: 15% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 27
Third quarter 2022 earnings released: EPS: €1.33 (vs €0.30 in 3Q 2021) Third quarter 2022 results: EPS: €1.33 (up from €0.30 in 3Q 2021). Revenue: €138.5m (up 76% from 3Q 2021). Net income: €21.0m (up 346% from 3Q 2021). Profit margin: 15% (up from 6.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Oct 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.1%. The fair value is estimated to be €61.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €45.13, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Energy Services industry in Europe. Total loss to shareholders of 7.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €66.72 per share. Buying Opportunity • Sep 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.3%. The fair value is estimated to be €68.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Reported Earnings • Aug 19
Second quarter 2022 earnings released: EPS: €2.19 (vs €0.20 in 2Q 2021) Second quarter 2022 results: EPS: €2.19 (up from €0.20 in 2Q 2021). Revenue: €222.7m (up 217% from 2Q 2021). Net income: €34.4m (up €31.2m from 2Q 2021). Profit margin: 15% (up from 4.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 5.7% growth forecast for the Energy Services industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 21
First quarter 2022 earnings released: EPS: €0.72 (vs €0.063 in 1Q 2021) First quarter 2022 results: EPS: €0.72 (up from €0.063 in 1Q 2021). Revenue: €100.5m (up 69% from 1Q 2021). Net income: €11.4m (up €10.4m from 1Q 2021). Profit margin: 11% (up from 1.7% in 1Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 4.2% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 19% share price gain to €66.15, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 11x in the Energy Services industry in Europe. Total loss to shareholders of 2.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €46.23 per share. Upcoming Dividend • May 10
Upcoming dividend of €0.75 per share Eligible shareholders must have bought the stock before 17 May 2022. Payment date: 19 May 2022. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (4.9%). Lower than average of industry peers (3.8%). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improved over the past week After last week's 17% share price gain to €44.15, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 10x in the Energy Services industry in Europe. Total loss to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €39.95 per share. Reported Earnings • Nov 27
Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint Third quarter 2021 results: EPS: €0.30 (up from €0.59 loss in 3Q 2020). Revenue: €78.8m (up 52% from 3Q 2020). Net income: €4.70m (up €14.0m from 3Q 2020). Profit margin: 6.0% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 33%, compared to a 3.7% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 23
Second quarter 2021 earnings released: EPS €0.20 (vs €1.31 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €70.2m (down 7.2% from 2Q 2020). Net income: €3.19m (up €23.9m from 2Q 2020). Profit margin: 4.6% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Reported Earnings • May 21
First quarter 2021 earnings released: EPS €0.06 (vs €0.54 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €59.3m (down 46% from 1Q 2020). Net income: €1.00m (down 88% from 1Q 2020). Profit margin: 1.7% (down from 7.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 20
Full year 2020 earnings released: €1.38 loss per share (vs €2.03 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €291.2m (down 35% from FY 2019). Net loss: €21.7m (down 167% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 16
New 90-day high: €37.08 The company is up 37% from its price of €27.15 on 17 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.40 per share. Is New 90 Day High Low • Dec 19
New 90-day high: €30.30 The company is up 33% from its price of €22.70 on 18 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.80 per share. Reported Earnings • Nov 28
Third quarter 2020 earnings released: €0.59 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €51.9m (down 53% from 3Q 2019). Net loss: €9.26m (down 199% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 11
New 90-day high: €25.45 The company is up 3.0% from its price of €24.80 on 13 August 2020. The British market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.09 per share. Is New 90 Day High Low • Sep 22
New 90-day low: €21.45 The company is down 14% from its price of €24.80 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.63 per share. 
