KCA DEUTAG BARELY ALIVE

KCA DEUTAG announced 2013 results:

• REVENUE  2013 to 2012: grouth from $ 1.74 B to $ 2.1 B, $ 360 M, 2.1%; 
• EBITDA  2013 to 2012: growth with $ 263 M to $ 300 M, $ 37 M, 14.1%;
• NET DEBT Q4 2012 to Q4 2013: growth with $ 1.2 B to $ 1.21 B, $ 100 M, 1%.   

COMPANY HIGHLIGHTS:

• Diversified business across both onshore and offshore
• Strong market position across highly attractive international markets
• Excellent HSE performance
• High level of earnings visibility, $6.8bn backlog  and blue chip customer base
• Experienced management team, supported by committed shareholders
• Significant strategic developments during 2013

More information here.