Report
Baptiste Lebacq

Vallourec : 2023 l’année de la transformation ou quand la chenille devient papillon

>Opinion Surperformance, OC 21 € - Post résultats du T1 2023 (cf. Flash du 17/05/2023 pour de plus amples détails) et conférence call, nous maintenons notre séquence d’EBITDA inchangée (nous étions déjà 5%> attentes du consensus prépublication) ainsi que notre opinion Surperformance avec un OC de 21 €. L’ajustement du BPA 2023e vient uniquement de charges d’impôts un peu moins élevées qu’initialement escompté. Nous soulignons une convergence des intérêts entre l...
Underlying
Vallourec SA

Vallourec SA is a France-based company, which specializes in the production of seamless and welded steel tube products for industrial applications. It operates through two segments: Seamless Tubes and Specialty Products. For the oil and gas industry, it designs and develops a comprehensive range of products including seamless tubes and connections for drilling operations, line pipes and well equipment. For the power generation market, it offers tubes that withstand severe temperature and pressure conditions. Its solutions enable power companies to meet the challenges of energy efficiency and reduce CO2 emissions in power plants. It also offers a wide range of tubes for petrochemical installations (refineries), for mechanical engineering applications (hydraulic cylinders and machine tools), for the automotive industry, for construction (stadiums, other complex buildings and structures) and for various other industrial sectors. It operates through Vallourec Solucoes Tubulares do Brasil.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Baptiste Lebacq

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