Vallourec Expects Lower Q1 Profit on Lower Tube Volumes
Vallourec expects first-quarter core profit between 165 and 195 million euros. This forecast follows lower sales volumes in its primary steel tubes business.
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The French industrial firm Vallourec S.A. announced on Friday that it expects a decline in core profit for the first quarter of 2026, primarily due to reduced shipment volumes in its tube manufacturing division. Headquartered in France, the group is a major supplier of specialized tubing for the oil and gas sectors, as well as low-carbon energy and industrial markets.
