C.A.T. oil AG: Business model verified – record operational and financial results in FY 2013
C.A.T. oil AG delivered superior operating and financial results in 2013: C.A.T. oil boosted its revenues by more than one fourth yoy to EUR 426.6 million (2012: EUR 336.8 million) and EBITDA by 43.6% yoy to EUR 114.9 million (2012: EUR 80.0 million) as the EBITDA margin widened by 3.1 percentage points to 26.9% (2012: 23.8%). Net income surged by more than 140% yoy to EUR 50.8 million (2012: EUR 21.0 million). Along with sound top- and bottom-line growth C.A.T. oil rolled-out and accomplished its 2013 investment program to reinforce its operating platform and pave the way for further business expansion. Despite the elevated geopolitical and macroeconomic uncertainties C.A.T. oil stays firmly adhered to its profitable growth strategies residing upon its high-class service offering tailored to the needs of the Russian oil industry.
