Tubular Solutions
Search documents
VALLOUREC : DISCLOSURE OF TRADING IN OWN SHARES FROM 01/08/2026 TO 01/09/2026
Globenewswire· 2026-01-12 17:19
DISCLOSURE OF TRADING IN OWN SHARES FROM 01/08/2026 TO 01/09/2026 Meudon (France), on January 12, 2026 Share buyback program (ISIN Code: FR0013506730) implemented in accordance with the authorization given by the Shareholders' General Meeting of Vallourec SA (LEI: 969500P2Q1B47H4MCJ34) on May 22, 2025 (ninth resolution). Day of the transaction Total daily volume (number of shares)Daily weighted average purchase price of the shares (€)Market Code 01/08/202677 00016,3881XPAR01/08/202638 000<td style="width: ...
VALLOUREC INITIATES A €200 MILLION SHARE BUYBACK AND TARGETS TOTAL SHAREHOLDER RETURN TO BE AT LEAST €500 MILLION BY AUGUST 2026
Globenewswire· 2026-01-07 17:00
VALLOUREC INITIATES A €200 MILLION SHARE BUYBACK AND TARGETS TOTAL SHAREHOLDER RETURN TO BE AT LEAST €500 MILLION BY AUGUST 2026 Meudon (France), on January 7, 2026 – Vallourec announces the launch of a share buyback program through the execution of a mandate with an investment services provider. The buyback of shares will take place until June 30, 2026 at the latest, for a total amount of €200 million. The repurchased shares will be allocated to cover part of the warrants (“BSA”) issued by Vallourec (ISIN ...
AMENDMENT TO THE TERMS AND CONDITIONS OF THE WARRANTS
Globenewswire· 2025-12-01 17:01
AMENDMENT TO THE TERMS AND CONDITIONS OF THE WARRANTS Meudon (France), on December 1st, 2025 – Vallourec announces that holders of warrants (“BSA”) (ISIN code: FR00140030K7), held today a general meeting, under the chairmanship of Aether, representative of the warrant holders. With a quorum of 100 % of warrant holders present, represented, or having voted by correspondence, the BSA holders have approved unanimously the amendment to the terms and conditions of the BSA, provided in the 1st resolution, in orde ...
NATHALIE DELBREUVE IS APPOINTED AS CHIEF FINANCIAL OFFICER OF VALLOUREC AND JOINS THE EXECUTIVE COMMITTEE
Globenewswire· 2025-11-28 18:05
NATHALIE DELBREUVE IS APPOINTED ASCHIEF FINANCIAL OFFICER OF VALLOURECAND JOINS THE EXECUTIVE COMMITTEE Meudon (France), November 28, 2025 – Vallourec, a world leader in premium tubular solutions, announces today the appointment of Nathalie Delbreuve as Chief Financial Officer of the Group. She will join the Executive Committee and assume her new role as of December 1st, 2025. Nathalie Delbreuve was previously Chief Financial Officer of Verallia, the European leader and world’s third-largest producer of gla ...
VALLOUREC RECEIVES INVESTMENT GRADE RATING FROM MOODY'S AND S&P
Globenewswire· 2025-11-27 17:15
Core Insights - Vallourec has received Investment Grade ratings from Moody's, S&P Global, and Fitch, indicating robust financial health and improved cash generation capabilities [1][2][6] Group 1: Credit Ratings - Moody's upgraded Vallourec's issuer rating from Ba1 to Baa3, reflecting successful strategic transformation and cost reduction since 2022 [1][6] - S&P Global upgraded Vallourec's long- and short-term issuer credit ratings from BB+/B to BBB-/A-3, citing sustainable margin improvements and resilience despite macroeconomic uncertainties [1][6] Group 2: Strategic Outlook - The company anticipates continued cash conversion improvement as restructuring costs decrease, supporting profitable growth [2] - Investment Grade status enhances Vallourec's flexibility in optimizing its balance sheet and accessing debt capital markets under favorable conditions [2] Group 3: Company Overview - Vallourec is a leader in premium tubular solutions for energy markets and industrial applications, employing nearly 13,000 people across more than 20 countries [3] - The company focuses on innovative and competitive tubular solutions, catering to demanding environments and projects [3]
Vallourec Third Quarter 2025 Results
Globenewswire· 2025-11-14 06:30
Core Insights - Vallourec reported solid results for Q3 2025, with Group EBITDA margin reaching its highest level since Q1 2024, marking three consecutive years of around 20% EBITDA margin and positive cash generation [4][6][9] Financial Performance - Q3 2025 Group EBITDA was €210 million, a 12% increase sequentially, aligning with the midpoint of guidance [6] - EBITDA margin was strong at 23%, the highest since Q1 2024 [6] - Tubes EBITDA per tonne increased by over 25% sequentially to €621 [6] - Adjusted free cash flow was €69 million, with total cash generation of €67 million, and net debt reduced to €140 million [6] Market Dynamics - Robust demand in the US market, with stable customer drilling activity and improved market share, while imports are expected to slow due to higher steel tariffs [5][6] - A new Long-Term Agreement with Petrobras in Brazil is expected to expand market share and could generate up to $1 billion in revenue over four years [7] Strategic Initiatives - The company has made significant progress in crisis-proofing its business and achieving best-in-class profitability since the New Vallourec plan was announced in May 2022 [9] - The focus remains on improving return on invested capital and returning capital to shareholders, with proposed modifications to warrant terms for flexibility in shareholder returns [10] Future Outlook - Q4 2025 Group EBITDA is expected to range between €195 million and €225 million, with full-year EBITDA projected between €799 million and €829 million [4][6] - Production sold in Mine & Forest is expected to be around 1.4 million tonnes [6]
VALLOUREC – CONVENING OF THE GENERAL MEETING OF WARRANT HOLDERS
Globenewswire· 2025-11-14 06:29
Core Points - Vallourec has announced a general meeting for warrant holders to be held on December 1, 2025, to discuss the delivery of newly-issued or existing shares upon the exercise of warrants [1] - The current terms only allow for the delivery of newly-issued shares upon the exercise of the warrants [1] Company Overview - Vallourec is a global leader in premium tubular solutions for energy markets and industrial applications, employing nearly 13,000 people across more than 20 countries [3] - The company focuses on innovative, safe, competitive, and smart tubular solutions, catering to various demanding sectors including oil & gas and power generation [3] Stock Information - Vallourec is listed on Euronext Paris and is part of several indices including CAC Mid 60, SBF 120, and Next 150 [4] - The company has a sponsored Level 1 American Depositary Receipt (ADR) program in the United States, with a parity set at 5:1 between ADR and ordinary shares [4]
VALLOUREC ANNOUNCES MULTI MILLION DOLLAR INVESTMENT IN A NEW PREMIUM THREADING LINE IN YOUNGSTOWN, OHIO
Globenewswire· 2025-11-10 06:00
Core Insights - Vallourec announced a $48 million investment to expand operations in Youngstown, Ohio, as part of a broader commitment to U.S. manufacturing, totaling over $1.5 billion invested in the U.S. over the past 15 years [1][2]. Investment Details - The investment will create a new Premium Threading Line within Vallourec's existing operations, enhancing its competitive position in the Oil Country Tubular Goods (OCTG) market in the U.S. [2] - The new line will increase capacity to thread VAM® high-torque connections, which are increasingly utilized in onshore wells with long laterals [2]. Construction and Employment Impact - Construction began in July 2025 and is expected to be completed by early 2027, with no disruption to current operations [3]. - Once operational, the new line will create 40 full-time-equivalent positions and expand the local supply chain, supporting the regional energy industry [3]. Company Overview - Vallourec North America is a fully integrated supplier of 100% Made in America seamless tubes, focusing on high-performance tubular solutions for energy and industrial sectors [4]. - The company emphasizes a strong circular economy approach, manufacturing seamless tubes entirely from recycled scrap metal [4]. - Vallourec's North American headquarters are located in Houston, Texas, with its main production facility in Youngstown, Ohio, employing nearly 2,000 people in North America [5]. Leadership Statement - Philippe Guillemot, Group Chairman and CEO, highlighted that the expansion reflects Vallourec's long-term vision and commitment to the U.S. market, reinforcing the region's manufacturing legacy [6].
VALLOUREC ANNOUNCES A TRANSITION IN ITS FINANCIAL MANAGEMENT
Globenewswire· 2025-11-07 17:45
Core Points - Vallourec announces the departure of Chief Financial Officer Sascha Bibert, who will leave the Group in December 2025 to pursue an opportunity in Germany [2] - A successor for Sascha Bibert has been identified and will join Vallourec's Executive Committee in early December [2] - Philippe Guillemot, Chairman and CEO, expresses gratitude for Bibert's contributions over the past four years, particularly in implementing the New Vallourec plan [3] Company Overview - Vallourec is a global leader in premium tubular solutions for energy markets and demanding industrial applications, including oil & gas wells and new generation power plants [3] - The company employs nearly 13,000 people across more than 20 countries, focusing on innovative and competitive tubular solutions [3] - Vallourec is listed on Euronext in Paris and is part of several indices, including CAC Mid 60 and SBF 120 [4]
Invitation: Vallourec Q3 2025 Results Release and Conference Call - Friday, November 14th, 2025
Globenewswire· 2025-10-30 16:00
Core Points - Vallourec will release its Third Quarter and Nine Month 2025 results on November 14, 2025, at 07:30 AM CET [2] - A conference call and webcast for the results presentation will take place at 09:30 AM CET, featuring Philippe Guillemot and Sascha Bibert [2][3] - The presentation will be accessible on Vallourec's website starting at 09:00 AM CET [3] Company Overview - Vallourec is a global leader in premium tubular solutions for energy markets and industrial applications, including oil & gas wells and new generation power plants [3] - The company employs nearly 13,000 people across more than 20 countries, focusing on innovative and competitive tubular solutions [3] - Vallourec is listed on Euronext in Paris and is part of several indices, including CAC Mid 60 and SBF 120 [4]