Trade Resources Industry Views Vallourec Releases Its Financial Result for The Second Quarter of This Year

Vallourec Releases Its Financial Result for The Second Quarter of This Year

It’s reported that France-based pipe producer Vallourec released its financial result for the second quarter of this year.

Vallourec posted a net profit of €62 million for the second quarter of this year, soaring by 8.8% year on year.

In the given period of time, the company realized sales revenue of €1.37 billion, increasing by 3.7% year on year and its operating revenues totaled €139 million, soaring by 16.8%, both compared to the figures in the same period of a year ago.

In the first six months of this year, Vallourec posted a net profit of €97 million, jumping by 14.1% year on year.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65662&division=A6
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Topics: Metallurgy