Tag: Tubacex
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.
Productivity boosting tubes for high temperature applications
Reduction of overall maintenance costs for critical equipments have been the need of the hour for many high temperature applications.The service conditions seen in many high-temperature applications are extremely aggressive and harsh. The lifespan for a high-temperature component is often relatively short compared to applications at “normal” temperatures.
TUBACEX ‘s sales increase 40.3%
TUBACEX continues to have improvements in profits after the Oil & Gas sector has recovered from the worst crisis in its history.
TUBACEX’s sales rose 49.4% to reach 360.6M Euro
Three years after the worst crisis ever to hit the oil industry, TUBACEX results are showing a significant improvement. During the first half of the year, the Company's sales have increased by 49.
TUBACEX registers 2017 success
TUBACEX announces its annual results anticipating the end of the worst crisis ever to hit the oil & gas sector. In a background defined by a permanent drop in volumes and prices remaining under pressure, with particular impact on results during the last three years, TUBACEX has had sales of EUR 490.
TUBACEX gains profit of EUR 1.9M
The market in which TUBACEX products and services operate is at historically low levels of activity and with delays in the award of certain projects, which further hinders recovery.
TUBACEX Foundation promotes education
TUBACEX is taking a step forward to promote education in schools in Palghar (India), dual training programs to adapt vocational training to the real needs of the Company and a plan to integrate differently abled people in the Tubacex Group's workforce.
TUBACEX improves its EBITDA
TUBACEX has kicked off the year with an EBITDA of EUR 13M, which is up 67.9% on the same period last year, reaching a margin of 10%, according to the results presented to the CNMV (Spanish Securities Exchange Commission).