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Integra brochure
(pdf - 1.6 mb)


January 30, 2012

Integra Group announces current order book status for 2012

Integra Group (LSE: INTE) announces its current order book status for 2012.

As of January 30, 2012, the total order book, which includes the value of business to be delivered in 2012 contracted and won in tenders, was US$ 509.3 million (RR 15.9 billion). Of this amount, estimated value of signed contracts was US$ 190.1 million (RR 6.0 billion). Integra Group is in an active stage of contracting for 2012 which implies that current order book is not complete and does not yet provide an accurate indication of expected revenues in 2012.

2012 Order book (as of January 30, 2012)

FX 31.3RR/$ Contracts signed* Tenders won, contracts not yet signed Total order book
US$ (m) RR (bn) US$ (m) RR (bn) US$ (m) RR (bn)
Drilling, Workover, IPM  140.6 4.4 245.1 7.7  385.7 12.1
Technology Services  49.5 1.5 74.2 2.3 123.6 3.9
TOTAL  190.1 6.0 319.2  10.0  509.3 15.9

*Signed contracts may be subject to renegotiation of volumes and/or other terms or even cancellation, and both signed contracts and tenders won may not proceed as originally planned at all.

Current 2012 order book (contracts signed and tenders won) is 21% higher in Ruble terms compared to 2011 order book reported on January 17, 2011 (adjusted for historic order book of discontinued businesses). 

  2011 order book as of January 17, 2011  2012 order book as of January 30, 2012  Growth
  RR (bn)  RR (bn)  
Drilling, Workover, IPM  9.7 12.1 25%
Technology Services  3.5 3.9 9%
TOTAL  13.2 15.9 21%

 

- END –

Contacts
Integra Group  
Andrey Machanskis 
Head of Investor Relations 
Tel. +7 495 933 0621
amachanskis@integra.ru

Forward looking statements: Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Integra Group. You can identify forward-looking statements by terms such as “expect”, “believe”, “anticipate”, “estimate”, “intend”, “will”, “could”, “may” or “might”, or the negative of such terms or other similar expressions. These statements are only predictions and actual events or results may differ materially. Integra Group does not intend to or undertake any obligation to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in Integra Group’s projections or forward-looking statements, including, among others, general economic and market conditions, Integra Group’s competitive environment, risks associated with operating in Russia, rapid technological and market change, and other factors specifically related to Integra Group and its operations.