- Vallourec reported an EBITDA of €187 million for the second quarter, which is a 13% decline year-on-year but exceeded market expectations of €184.7 million.
- The company’s revenue for the same period was €863 million, marking a 20% drop compared to the previous year, and fell short of the estimated €922.2 million.
- Net income came in at €40 million, representing a significant 64% decrease year-on-year, lagging behind the anticipated €82.5 million.
- Vallourec successfully reduced its net debt to €201 million, a substantial decrease of 45% from the previous year.
- The company forecasts a third-quarter EBITDA ranging between €195 million and €225 million.
- Overall, Vallourec expects a stronger performance in the second half of the year, which should be reflected in the full-year EBITDA figures.
A look at Vallourec SACA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts evaluating Vallourec SACA‘s long-term outlook using Smartkarma Smart Scores see a promising future ahead. With a top score of 5 in both Dividend and Growth categories, the company demonstrates strength in rewarding investors while showing potential for expansion. Additionally, a solid score of 4 in Resilience indicates the company’s ability to withstand challenges, providing a sense of stability for stakeholders. While Value and Momentum scores fall slightly lower at 3, overall, Vallourec SACA showcases a well-rounded performance across key factors.
Vallourec, a provider of tubular solutions, offers tubes and related components to various industries globally, including refineries, automobile, construction, and oil and gas sectors. With its high scores in Dividend and Growth areas, investors may find potential opportunities for long-term gains with Vallourec SACA. The company’s resilience and diverse market presence further contribute to a positive outlook, portraying a balanced mix of stability and growth potential in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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