Drillcon Group’s Quarterly and Annual Reports.
2018 – Continues growth and deliver of result.
We are pleased to see how Drillcon continue to perform. Drillcon deliver result and an organic growth spite some disturbance in the production first quarter and end of last quarter that resulted in losses of production volumes.
Our local presence has been rewarded by the market with new contracts. The journey to transform Drillcon and to improve the efficiency in purpose to be the customers first choice will continue with high focus. Our investments in new technology and automized rigs has been contributed to an increased production volume. Several trainee programs been concluded during the year in purpose to create a platform av potential future operators who will be part of our journey to continue to grow.
The organic growth with increased market share and the contracts closed during 2018 will contribute and open up for a possible high production volume during 2019.
Patrik Rylander – CEO