DRILLMEC S.P.A. CONSTRUCTS THE LARGEST OIL DRILLING RIG MADE IN ITALY
October 6, 2008The Chairman Davide Trevisani commented:
"The technological excellence of the Group in all the sectors in which it operates, its network and diversified presence in more than 70 countries, as evidenced by the important contracts won in the USA and by the innovative rigs constructed by DRILLMEC S.p.A., plus its all-time record order portfolio, confirm the solidity of Gruppo TREVI and allow us to be optimistic about 2008 results and those of subsequent years". Despite the turbulence of global financial markets and, therefore, also of the Trevi share price, the Chairman, Mr Trevisani, remains unperturbed given the long-term planning that is providing the expected results: "In recent years we have invested heavily in technological research and in geographic diversification with innovative products and equipment and this now allows us to select those contracts with the highest margins". Furthermore, the presence of the Group in all five continents gives it the possibility of, "participating in development programmes in local situations which remain immune to potential macroeconomic trends". Gruppo Trevi's growth, therefore, proceeds according to plan and we remain convinced that the financial turbulence will not deter us from our goals."