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VLOWY - Vallourec SA ADR GAAP EPS of -Euro0.20 revenue of Euro916M; updates FY22 guidance
Vallourec SA ADR New
Vallourec SA ADR press release (OTCPK:VLOWY): Q1 GAAP EPS of -€0.20. Revenue of €916M (+30.5% Y/Y). FY 2022 EBITDA now expected to be significantly above 2021, despite Q1 impacted by mine shutdown : €230 million of recurring EBITDA and €250 million ongoing cash up-lift (+€100 million compared to November 2021 announcement).