Previous close | 9.96 |
Open | 10.17 |
Bid | 10.15 x 0 |
Ask | 10.60 x 0 |
Day's range | 10.17 - 10.57 |
52-week range | 8.47 - 15.05 |
Volume | |
Avg. volume | 822,887 |
Market cap | 2.405B |
Beta (5Y monthly) | 2.53 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.02 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 04 Jun 2015 |
1y target est | N/A |
The Vallourec General Shareholders' Meeting of 25 May 2023 voted in favor of all the resolutions Meudon (France), May 25, 2023 - Vallourec announces that the Combined General Meeting of shareholders, held today, chaired by Mr Philippe Guillemot with a quorum of 64.81%, adopted all the resolutions put to the vote. The General Shareholders' Meeting approved the parent company and consolidated financial statements for the 2022 fiscal year and decided not to pay a dividend in respect of 2022. Shareh
VALLOURECFrench limited liability company (société anonyme) with a Board of Directorswith share capital of €4,635,552.54Registered office: 12, rue de la Verrerie – 92190 Meudon, FranceRegistered on the Nanterre Trade and Companies Register under n° 552 142 200 Meudon, 24 May 2023 Monthly information relating to the total number of voting rightsand shares comprising the share capital Article L. 233-8-II of the Code de commerce and Article 223-16 of the General Regulations of the Autorité des Marc
Meudon (France), May 17, 2023 Vallourec, a world leader in premium tubular solutions and operator of the Pau Branco iron ore mine, announces today its results for the first quarter 2023. The Board of Directors of Vallourec SA, meeting on May 16th 2023, approved the Group's first-quarter 2023 results. First Quarter 2023 Results Solid EBITDA of €320 million in Q1 driven by both Tubes and Mine & Forest Net debt reduced by €130 million to €1 billionCustomer demand remains strong; solid Q1 order inta
Vallourec to resume full production at its Pau Branco iron ore mine Meudon, France, 5 May 2023 – Vallourec has obtained the necessary permissions from the state mining and environmental authorities for the full release of the Cachoeirinha core waste pile. The Pau Branco iron ore mine is set to return to full production by the end of Q2 2023 at the latest. Operations at the Pau Branco mine were temporarily suspended in January 2022 following flooding-related damage to its core Cachoeirinha waste
Vallourec: Availability of information relating to the Combined (Ordinary and Extraordinary) Shareholders’ Meeting of 25 May 2023 Meudon (France), 4 May 2023 – Vallourec's Ordinary and Extraordinary Shareholders' Meeting will be held on 25 May 2023 at 2:00 p.m. at Espace Chateauform le Metropolitan, 13ter bd Berthier 75017 Paris. The prior notice of meeting published in the Bulletin des Annonces Légales Obligatoires of April 19, 2023, the notice of meeting including the agenda, draft resolutions
Vallourec: Availability of the2022 universal registration document Meudon (France), May 3rd, 2023 Vallourec announces the availability of a new version of its 2022 Universal Registration Document (URD), in accordance with applicable regulations. This new version cancels and replaces the version of this document that was filed with the “Autorité des marchés financiers” (AMF) on April 17th, 2023 in ESEF format (European Single Electronic Format) under the reference D.23-0293. The English translati
Valeria Fernandes appointed Chief Digital & Information Officer Meudon (France), May 2, 2023 - Vallourec announces the appointment of Valeria Fernandes as Digital & Information Systems Director. She succeeds Naïla Giovanni and joins the Executive Committee. Philippe Guillemot, Chairman of the Board of Directors, and Chief Executive Officer of Vallourec, said: "I am delighted to welcome Valeria to the Group and the Executive Committee. Valeria has an extensive international career in IS/IT includ
Q1 2023 Results Release and Conference CallWednesday, May 17th, 2023 Vallourec will publish First Quarter 2023 Results on May 17th, 2023 at 07:30 CET. Philippe Guillemot, Chairman of the Board and Chief Executive Officer, and Sascha Bibert, Chief Financial Officer are pleased to invite you to a presentation of the results via conference call and audiocast at 09:30 CET. To connect to the audiocast (live and replay), please visit: https://channel.royalcast.com/landingpage/vallourec-en/20230517_1/
Sarah Dib is appointed General Counsel of Vallourec Meudon (France), 11 April 2023 – Vallourec announces that Sarah Dib has been appointed Group General Counsel. She succeeds Nathalie Joannes and joins the Executive Committee. Sarah Dib joined the Group in January 2023 as Head of Legal Affairs in charge of corporate governance and stock exchange law and Secretary to the Board of Directors, after having worked for several years as a lawyer in international law offices. Philippe Guillemot, Chairma
Salzgitter is not in discussions with Thyssenkrupp about a steel merger, its chief executive said, responding to what sources have said are renewed efforts by the German conglomerate to sell its steel division. Sources told Reuters last week that Thyssenkrupp had revived efforts to explore a divestment of Steel Europe, which the company has been wanting to list, merge or spin off for most of the past two decades. "So far I have not seen any economic and industrial concept that is so convincing that I would propose it to our shareholders," Gunnar Groebler said when asked about the appeal of a tie-up of the country's top steelmakers.
S&P Global Upgrades Vallourec’s Long Term Issuer Credit Rating to 'BB-' with Positive Outlook Meudon (France), 6 March 2023 – S&P Global has upgraded Vallourec’s long-term issuer credit rating to 'BB-' from ‘B+’ with a positive outlook. S&P Global affirmed the 'BB-' issue rating on its senior unsecured notes as well as the 'B' rating on its commercial paper program. S&P Global’s positive outlook reflects its expectation of higher EBITDA in 2023 vs. 2022 and a reduction in net debt in the coming
(Reuters) -French steelmaker Vallourec forecast profit growth in 2023 driven by its Tubes division and Mine and Forest business as it posted a jump in fourth-quarter core earnings, sending its shares up about 5% early on Thursday. "We are confident in the market for 2023," CEO Philippe Guillemot told reporters. Its fourth-quarter earnings before interest, taxation, depreciation and amortisation (EBITDA) surged 129% to 312 million euros ($331 million).
Meudon (France), March 2, 2023 Fourth Quarter and Full Year 2022 Results FY 2022 results in-line with objectives with EBITDA of €312 million in Q4 and €715 million for the full yearPositive Free Cash Flow generation of €185 million in H2 driven by strong Q4 performance of €266 million, enabling Net Debt reduction of €363 million (a) (b)Worldwide Tubes business remains on a positive trajectory with particular strength in the U.S.New Vallourec plan well advanced and being implemented worldwide, in
Changes to Vallourec’s management team Meudon, France, 31 January 2023 – As part of its "New Vallourec" plan, led by Philippe Guillemot, Chairman and Chief Executive Officer, the Group has developed a three-region organization (North America, South America, and Eastern Hemisphere) to simplify and optimize the operations. This new organization aims at making the Group more efficient and more agile, closer to its customers, and to enhance its industrial performance, through two export bases, Brazi
Vallourec secures major long-term agreement with Petrobras to supply OCTG1 solutions Meudon (France), 24 January 2023 – Vallourec has signed a long-term agreement with Petrobras for OCTG (Oil Country Tubular Goods) solutions. The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialized physical and digital services, representing a volume of supply above 110kt of products and accessories. These products, associated accessories, and physical and digi
Vallourec secures significant orders in the Gulf of Mexico Meudon, France, 19 January 2023 – Vallourec has recently secured important orders from LLOG Exploration Offshore, one of the U.S.’s largest privately-owned exploration and production companies, for the supply of 25,000 metric tons of line pipe for its upcoming landmark Salamanca deep-water development off the US coast of the Gulf of Mexico. The Salamanca development is based on a Floating Production Unit (FPU) created from the refurbishm
Vallourec wins major Line-Pipe order from ExxonMobil Guyana Meudon, France, 30 November 2022 – Vallourec has secured a third major order in the framework of the Long-Term Agreement (LTA) signed last year with ExxonMobil Guyana. Under the contract, Vallourec will deliver line-pipe for ExxonMobil Guyana’s deep-water Uaru project. The Uaru project is located in the Stabroek Block, a 26,800 km2 strategic basin located off Guyana’s continental shelf, where several important discoveries have been made
Meudon (France), 23 November 2022 – Vallourec announces today that S&P Global has decided to upgrade Vallourec’s long-term issuer credit rating to 'B+' from 'B' and the issue rating on its senior unsecured notes to 'BB-' from 'B+'. S&P Global also affirmed 'B' rating on its commercial paper program. Attachment Vallourec_SP upgrade 23 Nov 2022
(Reuters) -French steelmaker Vallourec's shares slipped on Monday after it reported a 55% rise in quarterly core profit, driven by its tubes business, which fell short of expectations. Vallourec also reported negative free cash flow of 81 million euros for the third quarter, but said it still expects this to turn positive for the second half of 2022. Shares in Vallourec, which are up more than 22% year-to-date, were down 6% at 1113 GMT after the results, which showed third-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 198 million euros ($204 million).
Meudon (France), November 21, 2022 Third Quarter and Nine Month 2022 Results FY 2022 EBITDA guidance confirmed at €650 to €750 millionFree Cash Flow to be positive in H2, driven by an expected strong Q4 performanceSocial plan agreements finalized in Germany, France and UK, substantially de-risking New Vallourec planNew Vallourec plan initiatives to be implemented in other regions Highlights Solid Q3 2022 Performance EBITDA of €198 million, +55% year-over-year and +24% quarter-over-quarterContinu
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Information on Vallourec's capital structure Meudon (France), 6 October 2022 – Vallourec duly noted the disposal by SVPGlobal of its holding in Vallourec SA, ending the Shareholder Agreement between SVPGlobal and Vallourec, with the attendant resignation of William de Wulf from his functions as a Board member, and of Paul Marchand from his role as Board observer. The new capital structure of the Group is distributed as follows: ShareholdersNumber of sharesCapital %Free float162 932 73571,17%Apol
Vallourec signed a 10-year agreement with Saudi Aramco for the supply of Premium Casing and Services Meudon (France), 20 September 2022 – Vallourec, world leader in premium tubular solutions, has signed a 10-year agreement with Saudi Aramco for the supply of Premium Casing and Services. The associated orders will be manufactured and delivered by Vallourec’s plant in Saudi Arabia. The agreement strengthens the existing relationship between the Group and the Saudi national company. This agreement