KCA Deutag 1Q19 Credit Report

23 July 2019

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KCA Deutag Alpha Limited (KCA), the Scotlandheadquartered oilfield services company, reported weak 1Q19 results on 23 May 2019, showing a year-on-year (YoY) fall in EBIT (down 53%) and EBITDA (down 1.9%), negative free cash flow (FCF) and higher LTM leverage.