Report
Baptiste Lebacq

Vallourec : Désendettement plus rapide / guidance 2024 ~ 10%< consensus

>EBITDA T2 24 en ligne / Désendettement > attentes - EBITDA T2 24 à 215 M€, -9.4% QoQ et -43% YoY, en ligne avec nos prévisions (et celles du consensus) à 214 M€. EBITDA des Tubes de 210 M€, en baisse de 4% en glissement trimestriel et de 36% sur un an en raison de réductions de prix aux États-Unis et de baisses de volumes, largement portées par la fermeture de l'Allemagne EBITDA Mine & Forêt de 15 M€, - 49% QoQ et 69% YoY en raison de la baisse des volumes (625%...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch