BRIEF-SLB Seeking to Recover Higher Costs Following Supply Chain Disruption Due to Iran War - Conf Call

SLB Limited

SLB Limited

SLB

0.00

- Slb NV SLB.N:

  • SLB SAYS IMPACT OF MIDDLE EAST CONFLICT TO Q2 REVENUE AND EARNINGS WILL BE OFFSET BY INTERNATIONAL MARKETS - CONF CALL

  • SLB ANTICIPATES MID TO HIGH SINGLE DIGIT REVENUE GROWTH IN INTERNATIONAL MARKETS IN Q2 - CONF CALL

  • SLB EXPECTS NORTH AMERICA REVENUE TO BE FLAT SEQUENTIALLY IN Q2 - CONF CALL

  • SLB EXPECTS MIDDLE EAST CONFLICT TO HIT Q2 EARNINGS BY 6-8 CENTS PER SHARE COMPARED TO Q1 - CONF CALL

  • SLB SAYS IT IS ON STANDBY IN THE MIDDLE EAST AND WORKING CLOSELY WITH CUSTOMERS TO MOBILIZE EQUIPMENT ONCE CONFLICT SUBSIDES - CONF CALL

  • SLB EXEC EXPECTS SOME COUNTRIES IN THE MIDDLE EAST TO EXPAND CAPACITY ONCE CONFLICT SUBSIDES - CONF CALL

  • SLB SAYS SUPPLY CHAIN DISRUPTION IN THE MIDDLE EAST LED TO HIGHER LOGISTICAL, TRANSPORTATION AND RAW MATERIAL COSTS - CONF CALL

  • SLB SEEKING TO RECOVER HIGHER COSTS FOLLOWING SUPPLY CHAIN DISRUPTION IN THE MIDDLE EAST - CONF CALL

  • SLB SAYS PASSING ON INFLATION COST TO CUSTOMERS THROUGH CLAUSES IN CONTRACTS - CONF CALL

Further company coverage: SLB.N