Vallourec SA receives Investment Bank Analyst Rating Update
Investing.com - Vallourec reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Vallourec announced earnings...
By Elena Vardon (Reuters) - Vallourec expects a big jump in 2022 core profit to between 650 million and 750 million euros ($659-$760 million), the French steel pipemaker said on...
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.