Tubacex, S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 14, 2023
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Tubacex, S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 207.2 million compared to EUR 173.3 million a year ago. Net income was EUR 7.8 million compared to EUR 7.9 million a year ago.
For the nine months, sales was EUR 641.9 million compared to EUR 527.1 million a year ago. Net income was EUR 27.8 million compared to EUR 17 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. 
