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Tesco Corporation - Strategy and SWOT Report

Tesco Corporation SWOT Analysis: New insights

Tesco Corporation (Tesco) designs, manufactures, sells, operates, and services oilfield equipment used in drilling oil, gas, and geothermal wells. It operates in Latin America, Europe, Russia, Middle East/Africa, and Asia Pacific, as well as in the US and Canada. The company is headquartered in Texas, the US and employed 2,125 people as on December 31, 2013. The company recorded revenues of $525.3 million during the financial year ended December 2013 (FY2013), a decrease of 5% compared to FY2012. The operating profit of the company was $55.6 million during FY2013, a decrease of 27.6% compared to FY2012. The net profit was $36.3 million in FY2013, a decrease of 27.2% compared to FY2012.

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