Welltec finished 2nd quarter with record numbers

Oil service company Welltec increases its full-year forecast for 2014 after landing a record-high operating profit and revenue in the 2nd quarter.

BY OLE ANDERSEN

Oil service company Welltec finished the 2nd quarter 2014 with a record-high revenue and operating profit (EBITDA), a development the company attributes to continued growth in advanced intervention solutions and growth in the company's strategic initiatives.

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