Llodio, May 8, 2018. Although the market is still weak in terms of volumes and prices, TUBACEX is showing the first signs of recovery thanks to its radically different positioning in relation to its pre-crisis situation. As the company has reported, the efforts made by the management, sales and production teams in recent years enable us to address this financial year from a favorable position regarding order backlog, with sales results in the region of €168.5 million in the first quarter 2018.
2018-02-28
Llodio, February 28th, 2018. TUBACEX announces its annual results anticipating the end of the worst crisis ever to hit the Oil&Gas sector. In a background defined by a permanent drop in volumes and prices remaining under pressure, with particular impact on results during the last three years, TUBACEX has had sales of €490.4 million, a decrease of 0.7% compared to the results obtained in 2016.
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Tubacex SA published this content on 23 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 May 2018 12:17:01 UTC
Tubacex SA is a Spain-based company primarily engaged, through its subsidiaries, in the steel industry. The Company's main activity is the manufacture, distribution and sale of seamless stainless steel tubes and pipes. The Companyâs product portfolio also includes hollow bars, steel and fittings. It has operations established in Europe, the Americas and Asia.The Company is a parent of Grupo Tubacex, a group, which comprises a number of controlled entities, including Aceria de Alava SA, Tubacex Tubos Inoxidables SA, Schoeller-Bleckmann Edelstahlrohr Inmobilien AG, Salem Tube Inc, Tubacex Taylor Accesorios SA and Metaux Inox Services SAS, among others.
TUBACEX, S.A. 
