Vallourec : Des signes tangibles de poursuite de la recovery – OC relevé à 3.8 € (vs 3.6 €)
>Une amélioration plus rapide de la génération de FCF - Au cours du roadshow avec le management, nous avons pu conforter notre call basé sur un mouvement de recovery bien engagé avec le déroulement en ligne avec les attentes du plan de transformation et la mise en œuvre des relais de croissance.Les résultats du T2 et plus généralement du S1 ont été de très bonne facture et supérieurs aux attentes et probablement supérieures aux attentes du management. Rappelons e...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.