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home / news releases / TNRSF - Tenaris Continues To Build Its Net Cash Position

TNRSF - Tenaris Continues To Build Its Net Cash Position

Tenaris Sa Reg Shs
  • Tenaris kept the damage limited in Q1 and expects the revenue to increase and the margins to expand the next few quarters.
  • This will help the company to further boost its net cash (and cash-equivalent) position above the current $1.1B.
  • Tenaris is depending on the energy sector, so I hope the strong oil price will boost its order intake.

For further details see:

Tenaris Continues To Build Its Net Cash Position
Stock Information
Company Name: Tenaris Sa Reg Shs
Stock Symbol: TNRSF
Market: OTC
Website: tenaris.com/
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