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2014-03-14 17:00:00

WINTERSHALL: SUCCESSFUL GROWTH

WINTERSHALL: SUCCESSFUL GROWTH

WINTERSHALL published their results 2013.

Wintershall achieved a new record result in 2013. The company increased net income by 48 percent to 1.8 billion euros (2012: 1.2), thus crossing the billion euros mark for the third time in a row. Sales of the BASF subsidiary rose by 16 percent to 14.8 billion euros (2012: 12.7). At 132 million barrels of oil equivalent (boe) , oil and gas production remained at the previous year's high level despite the production stop in Libya. In 2014, the company anticipates a slight increase in income from operations before special items.

"We are on course and want to continue growing while adding value," said Rainer Seele, Chairman of the Board of Executive Directors of Wintershall, at the company's Annual Press Conference in Kassel. The integration…

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Tags: WINTERSHALL, GAS, OIL
Chronicle:
WINTERSHALL: SUCCESSFUL GROWTH
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