Total Energy Services Inc 2018 Annual Report
Company: Total Energy Services Inc
Sector: Mining & quarrying
Country: Canada
Year: 2018
Type: Annual Report
Pages: 68
The report describes a year of international diversification, with just over 50% of revenue coming from international markets versus approximately 20% in 2016. Consolidated revenue increased to $851,809 thousand and the company returned to profitability after losses in 2016 and 2017. The Savanna integration created an opportunity for over $17 million in annualized cost savings, while the company continued debt repayment and capital discipline.
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