BRIEF-Schlumberger CEO Anticipates Another Quarter Of Growth Across All Divisions

Schlumberger NV: * SCHLUMBERGER CEO ANTICIPATES ANOTHER QUARTER OF GROWTH ACROSS ALL DIVISIONS - CONF CALL

* SCHLUMBERGER EXPECTS TO REACH DOUBLE-DIGIT INTERNATIONAL GROWTH FOR SECOND HALF OF 2021 WHEN COMPARED TO SECOND HALF OF 2020 - CONF CALL * SCHLUMBERGER EXPECTS NORTH AMERICA CAPITAL SPENDING GROWTH TO INCREASE ABOUT 20%, IMPACTING BOTH ONSHORE AND OFFSHORE MARKETS - CONF CALL

* SCHLUMBERGER SAYS NORTH AMERICA OPERATING MARGINS ARE PRIMED TO EXIT THE YEAR AT HIGHEST LEVELS SINCE 2015- CONF CALL * SCHLUMBERGER EXPECTS Q4 TO SHOW STRONG FREE CASH FLOW GENERATION, WHICH POSITIONS CO TO ACHIEVE FULL YEAR DOUBLE-DIGIT FREE CASH FLOW MARGINS- CONF CALL

* SCHLUMBERGER SAYS ON FULL YEAR BASIS, EXPECT TO ATTAIN 250 TO 300 BPS EBITDA MARGIN EXPANSION- CONF CALL * SCHLUMBERGER SAYS FOR INTERNATIONAL, CO EXPECTS CAPITAL SPENDING GROWTH IN LOW TO MID-TEENS IN 2022 - CONF CALL

* SCHLUMBERGER-MARGINS TO EXPAND FURTHER IN 2022, SEES MID-CYCLE ADJUSTED EBITDA MARGIN 25% OR HIGHER, SUSTAIN DOUBLE-DIGIT FREE CASH FLOW MARGIN THROUGH CYCLE * SCHLUMBERGER CEO SAYS MACRO CONDITIONS ARE INCREASINGLY SET FOR AN EXCEPTIONAL MULTIYEAR GROWTH CYCLE UNFOLDING BROADLY DURING 2022- CONF CALL Source: Q3 Conference Call Further company coverage:

Also Read: US STOCKS SNAPSHOT-Wall St opens higher as debt ceiling, inflation worries cool

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)