C.A.T. oil AG

EANS-Adhoc: C.A.T. oil AG: Supervisory Board approves preliminary results for the year 2015 - Sales revenues in euros decreased by 21.8% to EUR 322.5 million - EBITDA contracted by 28.0% to EUR 81.5 million - Consolidated net profit reached EUR 20.3 ...

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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Dividend Announcements/Distribution/Accounting and Audits
27.04.2016


Vienna/Moscow, 27 April 2016

The Supervisory Board of C.A.T. oil AG, Vienna, discussed and approved
officially the preliminary results for the year 2015. C.A.T. oil AG, which is
operative in oil and gas field services mainly in Russia maintained its strong
market position and raised the revenues in Russian roubles by 4.4%. Expressed in
euros, the consolidated sales revenues decreased to EUR 322.5 million, EBITDA
contracted by 28.0% to EUR 81.5 million but kept the satisfactory level of 25.3%
of revenues. The consolidated net profit resulted in EUR 20.3 million for the
year 2015, a decline of 62.5%. 

The Management Board expects the economic environment to stay challenging, but
sees chances to play an active role in the current consolidation process of the
industry. Therefore and in order to keep the structure of the balance sheet
strong, both boards will propose to suspend the dividend payment for 2015.


The consolidated annual report for 2015 will be published on 28 April 2016 after
close of trading on the company's corporate website at www.catoilag.com.


Further inquiry note:
Bernhard Grabmayr
SCHOLDAN&Comp.
Bernhard Grabmayr
office@scholdan.com
+43-1-513 23 88-0

end of announcement                               euro adhoc 
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issuer:      C.A.T. oil AG
             Kärntner Ring 11-13
             A-1010 Wien
phone:       +43(0) 1 535 23 20 - 0
FAX:         +43(0) 1 535 23 20 - 20
mail:     ir@catoilag.com
WWW:      http://www.catoilag.com
sector:      Oil & Gas - Upstream activities
ISIN:        AT0000A00Y78
indexes:     SDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt 
language:   English
 



Weitere Meldungen: C.A.T. oil AG

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