Austrian energy equipment manufacturer Schoeller-Bleckmann AG reported a 19% year-over-year decline in first-half sales to €204.7m, despite an 8.5% rise in new orders and a 31.7% increase in order backlog.
Net income for the period totaled €200,000, while EBITDA decreased to €24.2m from €34.1m a year earlier. EBIT fell to €6.9m, and pretax profit stood at €3.1m, reflecting weaker performance in the Energy Equipment division.
The Precision Technology segment provided a partial offset, posting sequential growth in the second quarter, though overall revenue remained pressured by logistical constraints and operational disruptions linked to the Middle East conflict. Nearly 10% of new bookings now originate from sectors outside traditional oil and gas, including additive manufacturing and geothermal energy.
SBO’s order backlog expanded by 31.7% year-over-year, with management highlighting structural demand drivers such as energy security and supply diversification. The company is accelerating investments in additive manufacturing, geothermal energy, and subsea flow control as part of its diversification strategy.
Looking ahead, SBO anticipates a continued recovery in the second half of 2026, with potential upside if Middle East logistics conditions normalize. The company did not revise its full-year guidance in the statement.
