Schoeller-Bleckmann Oilfield Equipment (SBO) Q4 2025 TU earnings summary

Executive summary

• Delivered solid performance in 2025 despite oversupply in the oil market, geopolitical uncertainties, evolving tariffs, and low oil prices, which led to reduced customer spending and lower demand.

• Focused on efficiency and cost discipline, maintaining profitability and executing long-term strategic initiatives in diversification, market expansion, technology leadership, and operational excellence.

Financial highlights

• Sales reached €455 million, down from €560.4 million in 2024.

• EBITDA was €71 million with a margin of 16%, compared to €101.9 million and 18.2% in 2024.

• EBIT totaled €38 million (8.4% margin), down from €70.1 million (12.5% margin) in 2024.

• Profit before tax was €32 million, compared to €63.6 million in 2024.

• Liquid funds at year-end were €281 million, down from €314.7 million in 2024.

Outlook and guidance

• Bookings for the year were €406 million, down from €483.7 million in 2024.

• Q4 bookings improved to €99 million, about 10% above Q3 2025's low point.

• Continued investment in strategic initiatives to strengthen positioning and support sustainable growth.