Baker Hughes predicts 'tepid' start to 2021 after posting fourth-quarter profit

Major US contractor sees fourth-quarter turnaround, although full-year results reveal effects of downturn and pandemic

Cautiously optimistic: Lorenzo Simonelli, chief executive of Baker Hughes
Cautiously optimistic: Lorenzo Simonelli, chief executive of Baker HughesPhoto: BAKER HUGHES
Published 21 January 2021, 13:38Updated 21 January 2021, 14:29