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Vallourec SA (VLLP.PA)

VLLP.PA on Paris Stock Exchange

2.18EUR
12:20pm GMT
Change (% chg)

€0.03 (+1.30%)
Prev Close
€2.15
Open
€2.13
Day's High
€2.19
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€2.07
Volume
9,702,858
Avg. Vol
9,286,125
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€6.06
52-wk Low
€1.37

Latest Key Developments (Source: Significant Developments)

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

Vallourec Q1 Net Loss Group Share Widens To ‍​170 Million Euros
Thursday, 17 May 2018 

May 17 (Reuters) - VALLOUREC SA ::Q1 GROWTH OPERATING LOSS EUR 5‍​ MILLION VERSUS LOSS OF EUR 21 MILLION YEAR AGO.Q1 NET LOSS GROUP SHARE EUR ‍​170 MILLION VERSUS LOSS OF EUR 126 MILLION YEAR AGO.IN H2 2018 AIMS AT STRONG PROGRESSION OF GROWTH OPERATING INCOME COMPARED TO H1 2018.PROGRESSION OF OPERATING INCOME GROWTH IN H2 2018 DUE TO INCREASE OF US PRICES AND OF INTERNATIONAL PRICES OF DELIVERY IN OIL AND GAS.Q1 REVENUE EUR 862‍​ MILLION VERSUS EUR 783 MILLION YEAR AGO.EXPECTS BRAZIL DRILLING ACTIVITY TO STAY STABLE.IN REST OF THE WORLD CO EXPECTS INCREASE OF ORDERS WITH A POSITIVE IMPACT ON DELIVERIES FROM END OF H2 2018.  Full Article

Vallourec Announces Intention To Start Partnership With Interpipe
Wednesday, 18 Apr 2018 

April 18 (Reuters) - VALLOUREC SA ::ANNOUNCES INTENTION TO START PARTNERSHIP WITH INTERPIPE.PARTNERSHIP TO PRODUCE CARBON NON-OCTG TUBES WITHOUT WELDING FOR EUROPEAN MARKET.  Full Article

Vallourec Vallourec Is Considering Divesting Its "Drilling Products" Business
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Vallourec Sa ::VALLOUREC : VALLOUREC IS CONSIDERING DIVESTING ITS "DRILLING PRODUCTS" BUSINESS.VALLOUREC - RECEIVED A BINDING OFFER FOR PURCHASE OF VALLOUREC DRILLING PRODUCTS BUSINESS, FOR A TOTAL CASH AMOUNT OF $63 MILLION.  Full Article

Vallourec Q3 net loss group share narrows to 119 million euros
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - VALLOUREC ::Q3 NET LOSS GROUP SHARE EUR 119 MILLION VERSUS LOSS OF EUR 160 MILLION YEAR AGO.Q3 REVENUE EUR 964‍​ MILLION VERSUS EUR 693 MILLION YEAR AGO.Q3 GROSS OPERATING INCOME EUR ‍​9 MILLION VERSUS LOSS OF EUR 52 MILLION YEAR AGO.SEES Q4 GROSS OPERATING RESULT OF BETWEEN LOSS OF EUR 20 MILLION AND BREAKEVEN.AT SEPTEMBER 30, 2017, CASH OR CASH EQUIVALENTS WAS EUR 992 MILLION.RAISES ITS GROSS OPERATING RESULT TARGET FOR FY 2017 TO BETWEEN LOSS OF EUR 30 MILLION AND LOSS OF EUR 10 MILLION.  Full Article

Vallourec offers 150 million euros additional senior notes
Monday, 23 Oct 2017 

Oct 23 (Reuters) - VALLOUREC ::VALLOUREC SA - SUCCESSFUL €150 MILLION ADDITIONAL SENIOR NOTES OFFERING.PRICES OFFERING OF EXTRA EUR 150 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.625% SENIOR NOTES DUE 2022 AT 102.5%​.‍ISSUANCE OF ADDITIONAL NOTES TO CLOSE ON OCT 26.​.  Full Article

French and Benelux stocks-Factors to watch

Feb 21 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.