SBO

Verizon Business Second Annual Latino Small Business Survey Highlights Optimism and Digitalization

Retrieved on: 
Tuesday, April 23, 2024

NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- To punctuate Small Business Days, which runs from April 22-28, Verizon Business revealed the results of its second annual Latino Small Business Survey, which solicited responses from 500 Latino small business owners (SBOs), as well as 500 non-Latino SBOs. Conducted by Morning Consult, the survey found that Latino SBOs are optimistic despite economic concerns as compared to general market small business owners and are prioritizing technology investments while balancing cybersecurity concerns.

Key Points: 
  • What you need to know:
    Verizon Business announced its second annual Latino Small Business Survey, revealing that:
    Compared to non-Latino, Latino small business owners express higher levels of optimism regarding their business's financial security and the overall economic outlook.
  • Verizon Small Business Days (April 22-28) offers small business owners the opportunity to consult with specialists and access reliable solutions and special offers to drive their businesses forward.
  • NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- To punctuate Small Business Days, which runs from April 22-28, Verizon Business revealed the results of its second annual Latino Small Business Survey , which solicited responses from 500 Latino small business owners (SBOs), as well as 500 non-Latino SBOs.
  • Verizon Small Business Digital Ready, a free online resource, was created with and for small businesses, with a specific focus on helping diverse and under-resourced business owners.

Lufax Reports First Quarter 2024 Financial Results

Retrieved on: 
Monday, April 22, 2024

For the first quarter of 2024, the Company's retail credit enablement business take rate[1] based on loan balance was 9.0%, as compared to 7.3% for the first quarter of 2023.

Key Points: 
  • For the first quarter of 2024, the Company's retail credit enablement business take rate[1] based on loan balance was 9.0%, as compared to 7.3% for the first quarter of 2023.
  • C-M3 flow rate[2] for the total loans the Company had enabled, excluding the consumer finance subsidiary, was 1.0% in the first quarter of 2024, compared to 1.2% in the fourth quarter of 2023.
  • In terms of asset quality, the C-M3 flow rate for our Puhui business improved from the fourth quarter of 2023 to the first quarter of 2024.
  • Mr. Gregory Gibb, Co-Chief Executive Officer of Lufax, commented, "We began to feel the impact of our refined strategic initiatives during the first quarter of 2024.

EQS-News: Financial year 2023: SBO with all-time high in sales

Retrieved on: 
Wednesday, April 10, 2024

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX of the Vienna Stock Exchange, continued its growth in 2023 and recorded excellent sales and earnings development.

Key Points: 
  • Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX of the Vienna Stock Exchange, continued its growth in 2023 and recorded excellent sales and earnings development.
  • The SBO Group's sales rose by 16.9% to an all-time high of MEUR 585.9 (2022: MEUR 501.2), driven by the outstanding performance of the AMS division with 32.2% growth.
  • The order backlog per year-end remained at a high level at MEUR 225.4 (2022: MEUR 265.0).
  • We have once again demonstrated our operational strength, achieved record sales, improved our operating result and generated a high operating cash flow.

Lufax Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 21, 2024

For the fourth quarter of 2023, the Company's retail credit enablement business take rate[1] based on loan balance was 7.9%, as compared to 7.7% for the fourth quarter of 2022.

Key Points: 
  • For the fourth quarter of 2023, the Company's retail credit enablement business take rate[1] based on loan balance was 7.9%, as compared to 7.7% for the fourth quarter of 2022.
  • C-M3 flow rate[2] for the total loans the Company had enabled was 1.2% in the fourth quarter of 2023, compared to 1.1% the third quarter of 2023.
  • Flow rates for the general unsecured loans and secured loans the Company had enabled were 1.4% and 0.8% respectively in the fourth quarter of 2023, as compared to 1.2% and 0.7% respectively in the third quarter of 2023.
  • Mr. YongSuk Cho, Chairman and Chief Executive Officer of Lufax, commented, "Complex macro conditions continued to impact SBOs during the fourth quarter.

EQS-News: SBO with record sales and excellent preliminary results for 2023

Retrieved on: 
Wednesday, January 17, 2024

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed in the ATX leading index of the Vienna Stock Exchange, announces its preliminary results for the fiscal year 2023, demonstrating excellent financial performance both top and bottom line.

Key Points: 
  • Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed in the ATX leading index of the Vienna Stock Exchange, announces its preliminary results for the fiscal year 2023, demonstrating excellent financial performance both top and bottom line.
  • SBO achieved an all-time high in sales totaling MEUR 585 for the year, an impressive 17% growth on top of already high sales in 2022 (MEUR 501.2).
  • Profit from operations  (EBIT) also outperformed last year’s results, increasing from MEUR 96.2 to MEUR 104 in 2023.
  • We achieved record sales, supported by the excellent performance of our AMS division resulting in high profitability.

EQS-News: SBO with new Executive Board team

Retrieved on: 
Tuesday, January 2, 2024

The new Executive Board of Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX of the Vienna Stock Exchange, has taken office on 1 January 2024.

Key Points: 
  • The new Executive Board of Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX of the Vienna Stock Exchange, has taken office on 1 January 2024.
  • Following 8 years as Chief Financial Officer (CFO), Klaus Mader assumes responsibility as Chief Executive Officer (CEO).
  • Campbell MacPherson, recognized for steering SBO's Advanced Manufacturing & Services (AMS) division, has joined the Executive Board as Chief Operating Officer (COO).
  • Having joined SBO's Executive Board as CFO in 2015, he previously held key management positions within the Tyrolit Group and gained significant experience at renowned companies, including Wienerberger Baustoffindustrie AG.

EQS-News: SBO with strong sales and earnings growth in the first three quarters of 2023

Retrieved on: 
Saturday, December 30, 2023

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed in the leading index ATX of the Vienna Stock Exchange, achieved strong 9-month results for 2023.

Key Points: 
  • Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed in the leading index ATX of the Vienna Stock Exchange, achieved strong 9-month results for 2023.
  • “We have continued to deliver encouraging sales and earnings growth this year, thanks to our global position and a thriving international business.
  • Following an excellent year 2022, SBO continued its growth course in the first nine months of 2023.
  • Sales increased by a substantial 21.0 % to MEUR 437.2 (1-9/2022: MEUR 361.3), primarily driven by continued strong growth of the international business.

Lufax Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023

For the third quarter of 2023, the Company's retail credit enablement business take rate[1] based on loan balance was 7.8%, unchanged from the third quarter of 2022.

Key Points: 
  • For the third quarter of 2023, the Company's retail credit enablement business take rate[1] based on loan balance was 7.8%, unchanged from the third quarter of 2022.
  • C-M3 flow rate[2] for the total loans the Company had enabled was 1.1% in the third quarter of 2023, compared to 1.0% the second quarter of 2023.
  • Flow rates for the general unsecured loans and secured loans the Company had enabled were 1.2% and 0.7% respectively in the third quarter of 2023, as compared to 1.2% and 0.5% respectively in the second quarter of 2023.
  • Mr. David Choy, Chief Financial Officer of Lufax, commented, "We remained committed to our cost optimization efforts during the third quarter.

Velo3D Names Schoeller-Bleckmann Oilfield Technology Its Sole Contract Manufacturing Partner in the DACH Region

Retrieved on: 
Thursday, November 2, 2023

Velo3D , Inc. ( NYSE: VLD ), a leading metal additive manufacturing technology company for mission-critical parts, today named Schoeller-Bleckmann Oilfield Technology (SBOT), a manufacturer of high-tech metal components with more than 100 years in business, its sole contract manufacturing partner operating in the DACH region, which includes Germany, Austria, and Switzerland.

Key Points: 
  • Velo3D , Inc. ( NYSE: VLD ), a leading metal additive manufacturing technology company for mission-critical parts, today named Schoeller-Bleckmann Oilfield Technology (SBOT), a manufacturer of high-tech metal components with more than 100 years in business, its sole contract manufacturing partner operating in the DACH region, which includes Germany, Austria, and Switzerland.
  • The company will also be established as Velo3D’s sole contract manufacturing partner for Europe’s oil and gas industry, which is SBOT’s primary industry it serves.
  • “It’s great to see Velo3D commit to our success with this agreement, which we believe will drive increased revenue for our additive manufacturing business.
  • In 2021, Velo3D expanded its presence in Europe, with SBOT becoming the company’s first European member of its Contract Manufacturer Network.

EQS-News: SBO successfully completes acquisition of well completion specialist 'Praxis Completion Technology', strengthening market-leading position

Retrieved on: 
Tuesday, October 17, 2023

Schoeller-Bleckmann Oilfield Equipment AG (SBO) has completed the acquisition of Praxis Completion Technology announced in June.

Key Points: 
  • Schoeller-Bleckmann Oilfield Equipment AG (SBO) has completed the acquisition of Praxis Completion Technology announced in June.
  • With the integration of Praxis, SBO gains key product development expertise and adds meaningful well completion technologies to SBO's product portfolio.
  • “We are very pleased about the integration of Praxis Completion Technology, as it strengthens our leading position in our core business.
  • This represents another strategically important step for SBO in the direction of climate protection technologies," comments SBO CEO Gerald Grohmann on the acquisition.