Report

Vallourec : Confirmation de l’accélération de la recovery – Publication d’excellente facture

>Publication des résultats du 1er trimestre 2019 - Au titre du 1er trimestre, Vallourec publie des résultats supérieurs à nos attentes. Le CA ressort à 1 025 M€ (917.8 M€ estimés) vs 862 M€ en hausse de 19% et de 17% à changes constants. L’EBITDA ressort pour sa part à 67 M€ (47.6 M€ estimés) vs -5 M€ confirmant le retour à un EBITDA positif pour le 4ème trimestre consécutif. La marge d’EBITDA ressort ainsi à 6.5% (vs -0.6%). Le ROC atteint -19 M€ (-42.4 M€ estimé) vs...
Underlying
Vallourec SA

Vallourec is a holding company. Through its subsidiaries, Co. supplies tubular solutions, mainly for the energy markets as well as other industrial applications. Co.'s activities can be divided into two segments: the Seamless tubes segment (production of hot-rolled seamless carbon and alloy steel tubes, both smooth and threaded, for the oil and gas industry); and the Speciality Products segment (production of stainless steel and titanium tubes as well as specific forming and machining activities). Co. is organized into four divisions: Energy and Industry division; Oil Country Tubular Goods division; Drilling Products division; and Brazil division.

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.

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