Vallourec Q3 net profit 134 mln eur, up 61%
(Il Sole 24 Ore Radiocor) - Milano, 14 nov - Vallourec, the French manufacturer of seamless steel tubes, said that in the third quarter net income rose 61% year on year to 134 million euros.
Revenue grew 17% to 911 million euros and EBITDA increased 42% to 210 million, with the EBITDA margin widening to 23.1% from 18.8%.
Adjusted free cash flow narrowed to 69 million euros from 189 million a year earlier.
Vallourec expects fourth quarter EBITDA of 195-225 million.
euros, resulting in full year EBITDA of 799-829 million.
(RADIOCOR) 14-11-25 12:51:10 (0327) 5 NNNN