3 May 2012 10:38

Eurasia Drilling boosts Q1 revenue 50% to $746 mln

MOSCOW. May 3 (Interfax) - Eurasia Drilling Company (EDC) boosted sales revenue 50% in Q1 2012 to $746 million, the oilfield services company said.

The EBITDA margin fell from 22.1% to 20.3%. Net debt was $272 million at the end of March.