Tag: Tubacex
TUBACEX unveils a Strategic Plan on energy and mobility
The TUBACEX Shareholders' General Meeting 2022 unveiled the company's new strategic plan, culminating a cycle based on the design and manufacture of integrated tubular...
TUBACEX ends 2019 with an EBITDA of €67.1m
2019 has marked a turning point for recovery as TUBACEX order intake demonstrates. Although far from pre-crisis levels it has experienced an increase of 30% in relation to the previous year.
TUBACEX consolidates growth increasing its backlog
Thanks to the continuous increase in TUBACEX order intake month by month, the Group has consolidated its growth with a backlog standing at 40%, above the average for recent years.
TUBACEX increases order intake by 40%
In the H1 of 2019, the TUBACEX order intake has increased by 40%. Sales amounted to €323.5 M and the EBITDA stood at €33.3 M with a margin of 10.3%, which is higher than the margin in the same period of the previous year.
TUBACEX signs a loan agreement with ICO
TUBACEX, a global leader in the manufacture of stainless steel and high-alloyed seamless tubular products, and the âInstituto de Crédito Oficialâ? public business institution (ICO) have signed a loan agreement for 30 M euros to promote the group's growth and diversification strategy.
TUBACEX strategy enables the company to overcome crisis
TUBACEX's positioning in the high technological value product segment along with its integrated offer of tubular stainless steel solutions has enabled the company to emerge stronger from the longest crisis in the sector.
TUBACEX presents its results for the Q1 of 2019 to CNMV
TUBACEX has presented its results for the Q1 of 2019 to the CNMV, in which it has obtained sales of €143.5 M, down 14.8% on the same period for the previous year.
TUBACEX closed 2018 with an EBIDTA of €69,6M
TUBACEX has recently reported its financial results for the fiscal year 2018, with an EBITDA of €69/6M, which is the highest since 2008 and represents 2.
TUBACEX, SENAAT join to grow in the Middle East
TUBACEX and SENAAT, an industrial investment holding company owned by the Emirate of Abu Dhabi, have started a strategic partnership to support the development of energy projects in the Middle East.
TUBACEX, MIDHANI signs MoU to expand in Indian energy
TUBACEX and the Indian company, Mishra Dhatu Nigam Limited (MIDHANI), have signed a MoU for development of diverse key projects in the region.
