BAKER HUGHES UP

BAKER  HUGHES published their results 1Q 2014.

1Q 2013 / 1Q 2014:

• REVENUE UP from $5.2B to $5.7B, $0.5B, 9.6%;
• NET INCOME UP from $267M to $328M, $61M, 22.8%;
• EBITDA UP from $893M to $1.05B, $154M, 17.2%;

NORTH AMERICA:

• REVENUE UP from $2.6B to $2.8B, $0.2B, 7.7%;
• PROFIT UP from $235M to $300M,  $75M, 31.9%;

MIDDLE EAST / ASIA PACIFIC:

• REVENUE UP from $894M to $1.1B, $214M, 23.9%;
• PROFIT UP from $116M to $141M,  $25M, 21.6%;

EUROPE / AFRICA / RUSSIA CASPIAN:

• REVENUE UP from $854M to $996M, $142M, 16.6%;
• PROFIT UP from $93M to $148M,  $55M, 59.1%;

LATIN AMERICA:

• REVENUE DOWN  from $590M to $530M, $60M, 10.2%;
• PROFIT DOWN from $72M to $58M,  $14M, 19.4%;

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