Tubacex, S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
July 27, 2021 at 08:09 am EDT
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Tubacex, S.A. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was EUR 159.996 million compared to EUR 282.020 million a year ago. Operating loss was EUR 21.975 million compared to EUR 4.349 million a year ago. Net loss was EUR 23.289 million compared to EUR 8.305 million a year ago. Basic loss per share from continuing operations was EUR 0.2 compared to EUR 0.064 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. 
