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Subscription price within the framework of the employee share offering
• Discounted Subscription Price: €65.99
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2008 Q3 Results: better than expected
• Sales of € 1.613 million • EBITDA of € 430 million, 26.7% of sales
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Management Board changes
Appointment of Olivier Mallet
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2008 Investor Day webcast
Access the webcast of the conference, hold on 24 September in Lille
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2008 Investor Day
View the slides of the conference on 24 September
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2008 Q2 Results : a good second quarter
• Sales up 6.5% on a comparable basis
• EBITDA reaches € 430.5 million, giving an EBITDA/sales ratio of 26.6%
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Implementation of an employee share offering
The aim of this offer is to strengthen the employees’ corporate attachment to the activity and results of the Group
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Vallourec reinforces its finance function
Mr Olivier Mallet has joined Vallourec's Executive Committee and will assume responsibility on 1 September for the enlarged Finance department.
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2007 Safety and Environment Report
The 2007 Safety and Environment Report is now available online
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2007 Annual report publication
Download the pdf version of the 2007 Annual report
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Minutes of the General Meeting of 4 June 2008
• Approval of a dividend of € 7 per share
• Vallourec confirms its objectives and the strength of its markets
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General Meeting of 4 June 2008
View the slides presented at the Annual General Meeting at the Palais Brongniart
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2008 Q1 Results : Outlook confirmed
• Sales stable on a comparable basis despite dollar weakness
• EBITDA reaches € 342 million, giving an EBITDA/sales ratio of 24.7%
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Vallourec confirms the acquisition of three tubular businesses from Grant Prideco
The tubular business units to be acquired from Grant Prideco include: Atlas Bradford® Premium Threading, TCA®, and Tube-Alloy
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Changes within the Supervisory Board
• Cooptation of Mr Philippe Crouzet
• Proposed appointment of Mr Luiz-Olavo Baptista as Censeur
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Management Board change
Vallourec announces that management board member, Marco Antônio Castello Branco, is soon to leave the Group
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2007 FY Results: continued improvement
• Sales up 10.8% to € 6,141 million
• EBITDA up 5.1% to € 1,751 million
• Net income, Group share, up 7.5% to € 986 million
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2007 Sales
Annual sales up 10.8% at € 6.14 billion
Q4 sales up 13.1% at €1.63 billion
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Sale of VPS and VCAV
Vallourec has finalized the sale to ArcelorMittal of Vallourec Précision Soudage ("VPS") and Vallourec Composants Automobiles Vitry ("VCAV").
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2007 Q3 Results : Another strong quarter
Sales : +8.3%
EBITDA/Sales ratio : 28.1%
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Oil & Gas : Vallourec strengthens its position in the North American
Acquisition of three tubular businesses from Grant Prideco
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Global rankings of value creating enterprises
Vallourec: number 1 in the global ranking of value creating enterprises
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New pipe mill in Brazil: Joint-venture agreement
Vallourec will hold 56% of the new Company named Vallourec & Sumitomo Tubos do Brasil
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