Tubacex, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 08:07 am EDT
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Tubacex, S.A. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was EUR 153.7 million compared to EUR 143.5 million a year ago. Net loss was EUR 1.6 million compared to net income of EUR 1.8 million a year ago.
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. 
