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Petro Welt Technologies AG (O2C.DE)

O2C.DE on Xetra

7.54EUR
7:22am EDT
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Latest Key Developments (Source: Significant Developments)

Petro Welt Technologies anticipates sales revenues of EUR 335 -345 million in 2017
Tuesday, 25 Apr 2017 01:00am EDT 

April 25 (Reuters) - Petro Welt Technologies AG ::Anticipates sales revenues to reach approx. EUR 335 - EUR 345 million ($374.81 million) in 2017, and management hopes to maintain improved EBIT margin at range of 10 - 12%.FY EBITDA and EBIT amounted to EUR 81.5 and 39.7 million respectively.  Full Article

Petro Welt Technologies FY sales down 5.6 pct at 304.4 million euros
Monday, 24 Apr 2017 08:30am EDT 

April 24 (Reuters) - Petro Welt Technologies AG ::Supervisory board officially approves financial statements for the year 2016.No dividend payment proposed to AGM to keep balance sheet strong.Consolidated net profit reached 25.5 million euros ($27.66 million) in 2016.FY sales revenues in euros decreased by 5.6 pct to 304.4 million euros.  Full Article

Telefonica says may launch Telxius listing at any time
Thursday, 23 Feb 2017 04:19am EST 

Spain's Telefonica : Says it could launch a market listing of radio mast unit Telxius at anytime but has made no commitment on a potential stock flotation to stake-holder KKR . Says the company is closely monitoring any potential purchase opportunities in Mexican market . Chairman Jose Maria Alvarez-Pallete says: "We are very interested in any consolidation or transformation moves in the Mexican market and believe that we have room to play in Mexico, organically or inorganically, if something arises." .Says still preparing a listing, or partial listing, of British subsidiary O2.  Full Article

Petro Welt Technologies 9-month net result up 22.6 pct at EUR 28 mln
Friday, 25 Nov 2016 01:45am EST 

Petro Welt Technologies AG : 9-month consolidated net result raised by 22.6 pct to 28.0 million euros ($29.61 million) . Positive financial performance in Q1-Q3 creates solid basis for reliable profits generation in full 2016 . In first nine months of 2016 revenues in russian roubles increased by 3.2 pct compared to same period of previous year, revenues in euro decreased by 10.4 pct . Anticipates sales revenue to reach approx. 295 - 300 million euros in 2016, and management hopes to maintain improved EBIT margin at range of 13 - 15 pct . Acquired Kazakh operations contribute to revenue and net profit .In turn, this could enable company to outperform last year's operating results and reach a level of 39 - 41 million euros in 2016.  Full Article

Petro Welt Technologies acquires fracturing company in Kazakhstan
Thursday, 1 Sep 2016 07:23am EDT 

Petro Welt Technologies AG : Acquires fracturing company in Kazakhstan . Acquired firm, Trican Well Service Kazakhstan Ltd., is a specialist for fracturing and actively serves a number of international and local customers throughout Kazakhstan .Integration of acquired company in corporate structures is likely to be completed within next two to three months.  Full Article

Petro Welt Technologies H1 net result up 16.5 pct at 14.9 mln euros
Friday, 26 Aug 2016 12:04pm EDT 

Petro Welt Technologies AG : H1 consolidated net result raised by 16.5 pct to 14.9 million euros ($16.74 million) . Anticipates sales revenue for 2016 to reach around 293 million euros and hopes to keep improved EBIT margin compared to previous year at range of 12-14 pct .Operational result is expected to reach 38-40 million euros in 2016.  Full Article

CAT Oil Q1 revenue down at EUR 61.1 million
Friday, 27 May 2016 12:11pm EDT 

Cat Oil AG : Q1 revenue 61.1 million euros ($68.03 million) versus 72.7 million euros year ago . Q1 EBIT 5.45 million euros versus 6.76 million euros year ago . Q1 consolidated net result lower by 22.0 percent at 4.3 million euros . Confident outlook for 2016 . Expects revenues to increase in local currency 1 - 2 percent for the year 2016 .Margins on EBIT and EBITDA should maintain a satisfactory level of 12 percent and 25 percent in 2016.  Full Article

Cat Oil to change name to Petro Welt Technologies AG
Wednesday, 25 May 2016 04:06am EDT 

Cat Oil AG :Management Board and the Supervisory Board propose to the shareholders to change name to Petro Welt Technologies AG.  Full Article

CAT oil to propose to suspend dividend payment for FY 2015
Wednesday, 27 Apr 2016 02:00pm EDT 

CAT oil AG:No dividend payment for FY 2015 proposed to AGM to keep balance sheet strong.  Full Article

CAT oil AG reiterates FY 2015 outlook
Wednesday, 25 Nov 2015 07:00pm EST 

CAT oil AG:Confirms FY 2015 outlook.Still expecting revenues to lie between 310.0 million euros and 320.0 million euros, with EBITDA of between 75.0 million euros and 85.0 million euros.  Full Article

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