VLOWY - Vallourec S.A. GAAP EPS of Euro0.67 revenue of Euro1.34B
2023-05-17 02:52:20 ET
- Vallourec S.A. press release ( OTCPK:VLOWY ): Q1 GAAP EPS of €0.67.
- Revenue of €1.34B (+46.3% Y/Y).
- Solid EBITDA of €320 million in Q1 driven by both Tubes and Mine & Forest
- Net debt reduced by €130 million to €1 billion
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Reiterate FY 2023 Outlook: EBITDA is expected to improve vs. FY 2022; Net debt is expected to decline vs. year-end 2022; Free cash flow, as previously defined, is expected to be positive
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Vallourec S.A. GAAP EPS of €0.67, revenue of €1.34B