Tag: Tubacex
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).
TUBACEX to lead Project AMBAR
Tubacex has recently declared that it will lead the Project AMBAR, the main objective of which is to develop Products and Technologies for Oil & Gas Solutions in Marine Environments that will improve and consolidate the technological and commercial position of Basque companies in the sector and thus achieve a remarkable forward leap in the market.