C.A.T. Oil AG further improves profitability and earnings under abnormally harsh weather conditions

Russia & CISRussia ♦ Published: May 31, 2010; 00:00 ♦ (Vindobona)

C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the leading providers of oil and gas field services in Russia and Kazakhstan, today has published its results for the first quarter 2010.

C.A.T. Oil AG further improves profitability and earnings under abnormally harsh weather conditions / Picture: © C.A.T. Oil

- Revenue development impacted by rough weather conditions and changes in revenue mix
- Ongoing cost control and portfolio optimisation contribute to increased EBITDA and EBIT margins

C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the leading providers of oil and gas field services in Russia and Kazakhstan, today has published its results for the first quarter 2010. During…