Vallourec S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 12:00 pm EDT
Vallourec S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was EUR 842 million compared to EUR 843 million a year ago. Operating income was EUR 200 million compared to operating loss of EUR 485 million a year ago. Net income was EUR 51 million compared to net loss of EUR 493 million a year ago. Basic earnings per share from continuing operations was EUR 3.7 compared to basic loss per share from continuing operations of EUR 43.1 a year ago. For the half year, sales was EUR 1,544 million compared to EUR 1,696 million a year ago. Operating income was EUR 227 million compared to operating loss of EUR 514 million a year ago. Net loss was EUR 42 million compared to EUR 567 million a year ago. Basic loss per share from continuing operations was EUR 3.3 compared to EUR 49.6 a year ago.