Article: Hanover Compressor Reports Second Quarter 2003 Financial Results.

Energy Editors/Business Editors

HOUSTON--(BUSINESS WIRE)--July 30, 2003

Hanover Compressor Company (NYSE:HC), the leading provider of outsourced natural gas compression services, today reported financial results for the second quarter ended June 30, 2003.

Quarterly Results - Summary

Second quarter 2003 revenue was $276.4 million compared to second quarter 2002 revenue of $262.2 million. The second quarter 2003 results include the consolidated results of Belleli Energy S.r.l. ("Belleli"). In the quarter, Belleli had fabrication revenue of $31.4 million.

EBITDAR (consolidated income from continuing operations before interest ...

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