Vallourec Q2 FY26 EBITDA drops 9% to USD 190 million; revenue falls 10% to USD 886 million
Reuters2026/07/30 05:34- Vallourec posted Q2 revenue of USD 886 million, down 10% year over year; Group EBITDA fell 9% to USD 190 million.
- Net income attributable to shareholders edged up 2.27% to USD 45 million; operating income slipped 10.53% to USD 103 million.
- Tubes EBITDA per tonne climbed 31% year over year to USD 722/t; Tubes volumes sold dropped 17% to 244,000 tonnes.
- Adjusted free cash flow rose 21.36% to USD 125 million; net cash position swung to USD 183 million from net debt a year earlier.
- Q3 Group EBITDA forecast at USD 170 million-USD 210 million; EUR 2.05 per share extraordinary interim dividend set for Aug. 5.
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