Schoeller-Bleckmann CEO sees U.S. tariff hit of €5 million in 2025
ReutersMay 22, 2025 8:24 AM
May 22 (Reuters) - CEO of Schoeller-Bleckmann Oilfield Equipment AG SBOE.VI tells Reuters:
U.S. TARIFFS WILL AFFECT SLIGHTLY LESS THAN 1% OF OUR SALES, SO WE EXPECT AROUND €5 MILLION FOR 2025
IF CUSTOMERS CONTINUE TO HOLD OFF DUE TO CUSTOMS UNCERTAINTY AND THERE IS OVERCAPACITY, Q1 COULD HAVE BEEN OUR BEST QUARTER
OVER SHORT TERM, WE HAVE UNCERTAIN ENVIRONMENT THAT WE WILL MANAGE
NOT WORRIED ABOUT MEDIUM AND LONG TERM PROSPECTS
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