EANS-Adhoc: Schoeller-Bleckmann Oilfield Equipment AG / Preliminary result for 2014

--------------------------------------------------------------------------------
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
--------------------------------------------------------------------------------

annual result/preliminary result for 2014
12.01.2015

Schoeller-Bleckmann Oilfield Equipment AG: Preliminary result for
2014

- Sales and bookings increased
- Continued high operating profitability
- One-off effects impact net income

Ternitz/Vienna, 12 January 2015. Schoeller-Bleckmann Oilfield
Equipment AG (SBO), listed on the ATX market of the Vienna Stock
Exchange, posted sound business results according to preliminary
figures for fiscal 2014. Sales climbed by 6.4% to MEUR 488 (2013:
MEUR 458.6). Earnings before interest and taxes (EBIT) before one-off
effects of approximately MEUR 100 are expected to arrive slightly
above the previous year (2013: MEUR 97.7), representing an expected
EBIT margin before one-off effects of 20.5%, clearly above the
long-term average. Compared to the previous year, SBO grew bookings
in 2014 to MEUR 497, up 16.7% (2013: MEUR 425.9). Year-on-year,
bookings received in the fourth quarter also climbed to MEUR 127 (Q4
2013: MEUR 95).

EBIT in 2014 are impacted by one-off effects amounting to an expected
total of approximately MEUR 18 and containing essentially an
adjustment of the goodwill of U.S. subsidiary Godwin-SBO L.L.C.
required by the currently volatile situation in the oilfield service
industry. Furthermore, this amount contains already announced
expenses of around MEUR 5 dedicated to structural improvements of the
company's shareholdings in the UK.

As the market environment is influenced by the oil price situation
SBO expects the oilfield service industry to develop at a
considerably less stable level in the 2015 financial year compared to
2014.

Note: All figures are preliminary and rounded. This release replaces
the communication concerning the preliminary result for 2014
originally scheduled for 16 January 2015. Final results for the past
financial year 2014 (1 January to 31 December 2014) will be published
by SBO on 19 March 2015.

end of ad-hoc-announcement ==========================================
====================================== Schoeller-Bleckmann Oilfield
Equipment AG is the global market leader in high-precision components
and a leading supplier of oilfield equipment for the oilfield service
industry. The business focus is on non-magnetic drillstring
components and high-tech downhole tools for drilling and completing
directional and horizontal wells. As of 31 December 2014, SBO
employed a workforce of 1720 worldwide (31 December 2013: 1574),
thereof 451 in Ternitz/Austria and 714 in North America (including
Mexico).

Further inquiry note:
MMag Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz/Austria, Hauptstrasse 2
Tel.: +43 2630 315-251
Fax: +43 2630 315-501
E-Mail: f.schuetz@sbo.co.at

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://www.sbo.at
sector: Oil & Gas - Upstream activities
ISIN: AT0000946652
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English