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17.01.2011
BOLSER PLC BEATS 2010 FINANCIAL FORECAST
BOLSER PLC BEATS 2010 FINANCIAL FORECAST
London, January 17, 2010, 9:00am (GMT). BOLSER PLC., (“BOLSER” ISIN: GB00B3BRH871, WKN: A0Q77H) a leading provider of construction infrastructure, maintenance of pipelines and processing plants for the oil, gas and mining industry in Bolivia, Peru and Brazil, announces successful revenues and profits for 2010 exceeding forecasted figures due to efficient execution of its YPFB Transporte’s pipeline maintenance and GTB’s underwater river crossing construction. Financial details to follow with release of Bolser Plc’s 2010 Consolidated Audited Financials.
CEO Mr. Hinojosa states “ with the YPFB Transporte’s pipeline maintenance continuity, the development of a major Urban Construction Project and aggressive expansion activities into the Peruvian Oil & Gas and Mining industries envision a promising 2011 forecast”.
About the Company
Bolser PLC (“Bolser”,) is a UK registered publicly company with its shares listed on the Frankfurt Stock Exchange (ISIN: GB00B3BRH871 - WKN: A0Q77H). Bolser PLC owns 99% of its operating subsidiary group made up of 3 companies operating in Bolivia, Peru and Brazil. Bolser Ltd., (Bolivian Oil Services Ltda.) was founded in 1975 by the Hinojosa family. The Company and its more than 330 employees has been a long time leader in the oil, gas and mining infrastructure construction industry. Bolser is a specialist in the construction and maintenance of pipelines, roads, bridges, manufacturing and storage sites of various types. The Company is known by its clients for its excellence in the application of quality, health, safety and environment systems with international standards such as ISO 9001:2000, ISO 14001:2004 and OSHAS 18001:1999. Bolser has a thorough understanding of the logistical characteristic of the region and is currently focused on participating in the expansive demand for oil and natural gas infrastructure of the Southern Cone, specifically in Bolivia, Brazil and Peru.
Disclaimer
This press release contains forward-looking statements based on beliefs of Bolser Plc management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bolser as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bolser disclaims any intention or obligation to update these forward-looking statements.
Further information can be found on the Bolser website under: www.BolserPlc.com
For Information Contact:
Email: IR@BolserPLC.com
IR-Kontakt Deutschland:
Connecting Markets GmbH
Telefon: +49 (0)69 21 65 59 10
Fax: +49 (0)69 21 65 59 11
Registered Office in England & Wales:
BOLSER PLC
Acre House
11-15 William Road
London NW1 3ER, United Kingdom
UK Company No. 05140206
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London, January 17, 2010, 9:00am (GMT). BOLSER PLC., (“BOLSER” ISIN: GB00B3BRH871, WKN: A0Q77H) a leading provider of construction infrastructure, maintenance of pipelines and processing plants for the oil, gas and mining industry in Bolivia, Peru and Brazil, announces successful revenues and profits for 2010 exceeding forecasted figures due to efficient execution of its YPFB Transporte’s pipeline maintenance and GTB’s underwater river crossing construction. Financial details to follow with release of Bolser Plc’s 2010 Consolidated Audited Financials.
CEO Mr. Hinojosa states “ with the YPFB Transporte’s pipeline maintenance continuity, the development of a major Urban Construction Project and aggressive expansion activities into the Peruvian Oil & Gas and Mining industries envision a promising 2011 forecast”.
About the Company
Bolser PLC (“Bolser”,) is a UK registered publicly company with its shares listed on the Frankfurt Stock Exchange (ISIN: GB00B3BRH871 - WKN: A0Q77H). Bolser PLC owns 99% of its operating subsidiary group made up of 3 companies operating in Bolivia, Peru and Brazil. Bolser Ltd., (Bolivian Oil Services Ltda.) was founded in 1975 by the Hinojosa family. The Company and its more than 330 employees has been a long time leader in the oil, gas and mining infrastructure construction industry. Bolser is a specialist in the construction and maintenance of pipelines, roads, bridges, manufacturing and storage sites of various types. The Company is known by its clients for its excellence in the application of quality, health, safety and environment systems with international standards such as ISO 9001:2000, ISO 14001:2004 and OSHAS 18001:1999. Bolser has a thorough understanding of the logistical characteristic of the region and is currently focused on participating in the expansive demand for oil and natural gas infrastructure of the Southern Cone, specifically in Bolivia, Brazil and Peru.
Disclaimer
This press release contains forward-looking statements based on beliefs of Bolser Plc management. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements. Such statements reflect the views of Bolser as of the date made with respect to future events and are subject to risks and uncertainties. Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Bolser disclaims any intention or obligation to update these forward-looking statements.
Further information can be found on the Bolser website under: www.BolserPlc.com
For Information Contact:
Email: IR@BolserPLC.com
IR-Kontakt Deutschland:
Connecting Markets GmbH
Telefon: +49 (0)69 21 65 59 10
Fax: +49 (0)69 21 65 59 11
Registered Office in England & Wales:
BOLSER PLC
Acre House
11-15 William Road
London NW1 3ER, United Kingdom
UK Company No. 05140206
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B3BRH871">http://www.irw-press.com/alert_subscription.php?lang=en&isin=GB00B3BRH871</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.