Ultime notizie per Vallourec (OTC:VLOWY) Azioni

VALLOUREC SA ADR

Vallourec SA is engaged in the provision of tubular solutions to the oil and gas industry. Its expertise also extends to the industry sector including mechanicals, automobile, and construction. The company has structured its operations into the following business segments, Seamless Tubes, Specialty Products and and Holding companies and other. The group has a large portfolio of tubular products including a range of seamless tubes, specialty tubes; and connections and accessories. Its primary geographic markets are Europe, North America, South America, Asia, and Rest of the World. Geographically the company receives maximum revenue from North America.

Vallourec SA

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Benzinga's Top Ratings Upgrades, Downgrades For July 20, 2021

Kepler Cheuvreux upgrades Vallourec (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VLOWY#OTC">VLOWY</a>) from Reduce to Hold.

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Kepler Cheuvreux Upgrades Vallourec to Hold

Vallourec SA (OTC: <a class="ticker" href="/stock/vlowy#OTC">VLOWY</a>) reported a decline in its first-quarter net profit. It also cut its sales growth forecast for the full year to 5% from 10%.

Vallourec's quarterly net profit declined to EUR29 million, versus EUR82 million, in the year-ago period. Its total sales climbed 4% to EUR1.20 billion. However, analysts were projecting a net profit of EUR44 million on revenue of EUR1.17 billion. 

Vallourec's earnings before interest, taxes, depreciation and amortization (EBITDA) dropped 25% to EUR152 million. 

VLOWY shares closed at $10.71 yesterday.

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Vallourec Posts Decline In Q1 Profit, Lowers 2012 Sales Forecast

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