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Vallourec SA (VLLP.PA)

VLLP.PA on Paris Stock Exchange

2.41EUR
23 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Vallourec Q2 EBITDA Increases To 102 Million Euros
Wednesday, 24 Jul 2019 

July 24 (Reuters) - VALLOUREC SA ::Q2 REVENUE EUR 1,084 MILLION VERSUS EUR 982 MILLION YEAR AGO.Q2 EBITDA EUR 102 MILLION VERSUS EUR 23 MILLION YEAR AGO.Q2 POSITIVE FREE CASH FLOW EUR 16 MILLION VERSUS LOSS EUR 164 MILLION YEAR AGO.NET DEBT AS AT 30TH JUNE 2019: EUR 2,111 MILLION VERSUS EUR 2,125 MILLION AS AT MARCH 31ST 2019.CONFIRMS 2019 OUTLOOK.Q2 NET LOSS GROUP SHARE EUR 77 MILLION VERSUS LOSS EUR 137 MILLION YEAR AGO.IN H1 2019 €48 MILLION OF GROSS SAVINGS WERE ACHIEVED, IN LINE WITH THIS OBJECTIVE.  Full Article

Vallourec Q1 Revenue Up At 1.03 Billion Euros
Thursday, 16 May 2019 

May 16 (Reuters) - VALLOUREC SA ::Q1 REVENUE EUR 1.03‍​ BILLION VERSUS EUR 862 MILLION YEAR AGO.Q1 EBITDA EUR ‍​67 MILLION VERSUS NEGATIVE EBITDA OF EUR 5 MILLION YEAR AGO.Q1 NET LOSS GROUP SHARE EUR ‍​90 MILLION VERSUS LOSS EUR 170 MILLION YEAR AGO.CONFIRMS OUTLOOK FOR 2019.  Full Article

Vallourec Wins Contract To Supply Seamless Steel Rigid Line Pipe In Brazil
Tuesday, 16 Apr 2019 

April 16 (Reuters) - VALLOUREC SA ::PRESS RELEASE REG-VALLOUREC WINS A MAJOR CONTRACT TO SUPPLY SEAMLESS STEEL RIGID LINE PIPE FOR THE PRE-SALT FIELD MERO 1 IN BRAZIL.PIPE SUPPLY WILL START AT END OF 2019.  Full Article

Vallourec asks shareholders to update board composition
Monday, 25 Mar 2019 

March 25 (Reuters) - Vallourec SA ::BOARD TO SUBMIT TO VOTE OF SHAREHOLDERS' MEETING ON MAY 23 THE RENEWAL OF MARIA PILAR ALBIAC-MURILLO, PHILIPPE ALTUZARRA AND PASCALE CHARGRASSE AS BOARD MEMBERS FOR A NEW FOUR-YEAR TERM.BOARD ALSO DECIDED TO CO-OPT CORINNE DE BILBAO AS BOARD MEMBER TO REPLACE JOSÉ CARLOS GRUBISICH, WHO RESIGNED.NEW INDEPENDENT BOARD MEMBER DE BILBAO IS PRESIDENT AND CEO OF GENERAL ELECTRIC'S FRENCH UNIT SINCE MARCH 2016.  Full Article

Vallourec Is Selected By Thailand's PTTEP To Deliver Oil Country Tubular Goods For Offshore Project In Myanmar
Monday, 18 Mar 2019 

March 18 (Reuters) - VALLOUREC SA ::REG-VALLOUREC IS SELECTED BY THAILAND'S PTT EXPLORATION & PRODUCTION PLC (PTTEP) TO DELIVER OIL COUNTRY TUBULAR GOODS FOR A CHALLENGING OFFSHORE PROJECT IN MYANMAR.  Full Article

Vallourec Q4 Gross Operating Income Increases To 89 Million Euros
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - VALLOUREC SA ::Q4 SALES VOLUME ‍​694,000 TONNES VERSUS 655,000 TONNES YEAR AGO.Q4 REVENUE EUR ‍​1.12 BILLION VERSUS EUR 1.07 BILLION YEAR AGO.Q4 GROSS OPERATING INCOME EUR 89 MILLION VERSUS EUR 11 MILLION YEAR AGO.Q4 NET LOSS GROUP SHARE EUR ‍​103 MILLION VERSUS LOSS EUR 164 MILLION YEAR AGO.AT END-Q4 POSITIVE FREE CASH FLOW OF EUR 76 MILLION.FOR 2019 AIMS INDUSTRIAL INVESTMENTS OF AROUND EUR 180 MILLION.FOR 2019 TARGETS STRONG GROWTH IN GROSS OPERATING RESULT.TO LAUCNH SAVINGS PLANS, INCLUDING JOBCUT OF ABOUT 600 EMPLOYEES IN GERMANY, EXPECTED FROM 2019.BY 2020 EXPECTS ABOUT EUR 200 MILLION GROSS SAVINGS IN ADDITION TO EUR 445 MILLION GENERATED BY END 2018.FINANCIAL DIRECTOR SAYS EXPECTS AN IMPROVEMENT IN VALLOUREC'S FREE CASH FLOW IN 2019.FINANCIAL DIRECTOR SAYS THERE IS NO NEED FOR A CAPITAL INCREASE.  Full Article

Makheia Group Announces Gain Of Three Significant Budgets
Monday, 17 Dec 2018 

Dec 17 (Reuters) - MAKHEIA GROUP SA ::MAKHEIA ANNOUNCES THE GAIN OF THREE SIGNIFICANT BUDGETS.WILL ASSIST VALLOUREC WITH CORPORATE WEBSITE REDESIGN.WILL ASSIST LE PARC ZOOLOGIQUE DE PARIS WITH ADVICE AND BY ACCOMPANYING ON OCCASION OF 5 YEARS OF PARC.  Full Article

Vallourec Denies Preparing Vast Redundancy Plan For France
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - VALLOUREC SA ::PLAN CURRENTLY BEING IMPLEMENTED AT BOILER LINE IN SAINT-SAULVE WILL BE FINALIZED AT END OF DECEMBER 2018..VALLOUREC FORMALLY REFUTES INFORMATION THAT IT IS PREPARING A VAST REDUNDANCY PLAN FOR FRANCE.GROUP CONFIRMS IT IS WORKING ON DEFINITION OF AN ACTION PLAN TO STRENGTHEN COMPETITIVENESS OF VALLOUREC'S ACTIVITIES IN GERMANY.THIS ACTION PLAN WILL BE SUBMITTED IN DUE TIME TO CONSULTATION AND NEGOTIATION OF AN AGREEMENT WITH RELEVANT STAFF REPRESENTATIVE BODIES.  Full Article

Vallourec Q3 EBITDA Rises To 43‍​ Million Euros
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - VALLOUREC SA ::Q3 REVENUE EUR ‍​961 MILLION VERSUS EUR 964 MILLION YEAR AGO.Q3 EBITDA EUR 43‍​ MILLION VERSUS EUR 9 MILLION YEAR AGO.Q3 NET LOSS GROUP SHARE EUR 92 MILLION VERSUS LOSS OF EUR 119 MILLION YEAR AGO.REVENUE OF EUR 2,805 MILLION IN 9M 2018 UP 4.7% YEAR-ON-YEAR (12.9% AT CONSTANT EXCHANGE RATES).IN Q4 TARGETS ITS EBITDA TO SHOW CONTINUING PROGRESS AND EXCEED THAT OF Q3.TRANSFORMATION PLAN SHOULD GENERATE HIGHER COST SAVINGS OVER H2 COMPARED WITH H1.  Full Article

Vallourec's short-term focus in debt reduction - CFO
Friday, 25 May 2018 

May 25 (Reuters) - Vallourec CFO Olivier Mallet and CEO Philippe Crouzet tell the annual shareholders meeting::Group aims to resume paying a dividend "within reasonable timeline", short-term focus is on debt reduction -CFO.Vallourec won EDF contract to supply pipes to two Hinkley Point EPRs- CEO .  Full Article

French and Benelux stocks-Factors to watch

July 25 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.