Vallourec reports Q1 2010 results

12/05/2010 - Finance
Vallourec today announced its results for the first quarter of 2010.

 

 

Sales of € 877 million (- 33% vs Q1 09)

EBITDA of € 148 million representing 16.9% of sales

Significant increase in orders

 

Boulogne-Billancourt, 12 May 2010 - Vallourec, world leader in premium tubular solutions, today announced its results for the first quarter of 2010. The consolidated financial statements were presented today by Vallourec’s Management Board to its Supervisory Board.

 


About Vallourec

Vallourec is a world leader in premium tubular solutions primarily serving the energy markets, as well as other industrial applications.

With over 18,000 employees, integrated manufacturing facilities, advanced R&D, and presence in more than 20 countries, Vallourec offers its customers innovative global solutions to meet the growing energy challenges of the 21st century.

Listed on NYSE Euronext in Paris (ISIN code: FR0000120354) and eligible for the Deferred Settlement System, Vallourec is included in the following indices: MSCI World Index, Euronext 100 and CAC 40.

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