View ValuationVallourec 将来の成長Future 基準チェック /26Vallourec利益と収益がそれぞれ年間14.6%と5.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に21.1% 12.8%なると予測されています。主要情報14.6%収益成長率12.78%EPS成長率Energy Services 収益成長8.1%収益成長率5.8%将来の株主資本利益率21.11%アナリストカバレッジGood最終更新日01 Jun 2026今後の成長に関する最新情報お知らせ • Jul 26Vallourec S.A. Provides Production Guidance for the Third Quarter and Full Year of 2024Vallourec S.A. provided production guidance for the third quarter and full year of 2024. In the third quarter of 2024, based on assumptions and current market conditions, company expects Iron ore production sold to increase sequentially. For the full year 2024, company expects iron ore production sold to be approximately 6 million tonnes.お知らせ • Jul 29Vallourec S.A. Provides Production Guidance for the Second Half or 2023Vallourec S.A. provided production guidance for the second half or 2023. Second half iron ore production sold is expected to be approximately 3.6 million tonnes.お知らせ • Jul 28Vallourec S.A. Provides Production Guidance for the Full Year 2022Vallourec S.A. provided production guidance for the full year 2022. In the Full Year 2022, the company assumes an annual production of 2.6 million tonnes.お知らせ • May 04Vallourec Restarts Operations Partially At Its Iron Ore MineVallourec announced that it has restarted operations partially at its iron ore mine, after having obtained the approval of the mining authorities to resume them for a period of 3 months, without using the waste pile. Under these temporary conditions, it is targeted to progressively ramp up from 70% to full capacity. Vallourec continues to, in parallel, prepare the return to normal operations, which will be subject to the validation of the stability of the waste pile by the mining and state environmental authorities.Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The 6 analysts covering Vallourec previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €105.2m in 2022. Average annual earnings growth of 40% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 7 analysts covering Vallourec expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €150.6m in 2022. Average annual earnings growth of 45% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesBoard Change • May 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Representative Director Annelise Gall was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 30+ 1 more updateVallourec S.A. to Report Q2, 2026 Results on Jul 30, 2026Vallourec S.A. announced that they will report Q2, 2026 results at 7:30 AM, Central European Standard Time on Jul 30, 2026お知らせ • Apr 07Vallourec S.A., Annual General Meeting, May 21, 2026Vallourec S.A., Annual General Meeting, May 21, 2026. Location: espace verso, 52 rue de la victoire, paris Franceお知らせ • Mar 17Vallourec S.A. to Report Q1, 2026 Results on May 13, 2026Vallourec S.A. announced that they will report Q1, 2026 results on May 13, 2026お知らせ • Mar 10Vallourec Announces Advanced Tubular Solutions For California Carbon Capture And Storage FacilityVallourec announced its successful support of California Resources Corporation’s pioneering carbon capture and storage development with Carbon TerraVault I (CTV I) at the Elk Hills Field in Kern County, California. As a key technology partner, Vallourec provided the advanced tubular solutions required to ensure safe, long-term carbon dioxide (CO2) storage for this milestone project. This first-of-a-kind project is the state’s inaugural CCS facility to secure U.S. Environmental Protection Agency (EPA) Class VI permits for CO2 injection and storage in depleted oil and gas reservoirs, representing a significant milestone for the global CCS industry. First injection at CTV I is planned for spring 2026. At its maximum capacity, CTV I is expected to store up to 1.46 million metric tons (MT) of CO2 per year in the 26R reservoir, contributing 38 million MT of CO2 storage toward a total planned capacity of more than 350 million MT across the broader CTV portfolio. Vallourec’s advanced tubular technologies are central to the project’s well integrity and long-term storage performance. To support safe and reliable CO2 injection under demanding downhole conditions, Vallourec delivered premium VAM® 21 connections on corrosion-resistant alloy (CRA) pipe qualified for the project’s stringent technical requirements. CLEANWELL® dope-free technology was deployed for the first time in an onshore CCS project, enabling cleaner, more sustainable running operations. The scope of supply included multiple string sizes and a full range of accessories tailored to project needs, supported by on-site VAM® Field Service to ensure flawless running and long-term well integrity.お知らせ • Feb 27Vallourec Announces Board and Committee ChangesThe Board of Directors of Vallourec, meeting held on February 26, 2026, decided to co-opt, at the request of ArcelorMittal, Mr. David Clarke as a member of Vallourec Board of Directors, replacing Mr. Keith James Howell. Mr. David Clarke was also appointed as a member of the Nominations and Governance Committee. The ratification of Mr. Clarke’s appointment will be proposed at the Group’s next Shareholder’s meeting on 21 May 2026. Dr Clarke joined Mittal Steel in 2003 to support the integration and operational improvement activities in the group’s then new acquisitions in Eastern Europe. In 2006, he co-led the development of the Mittal Steel value plan, a key element of the successful bid to merge with Arcelor, and was appointed Vice President of Strategy in 2007. Since 2013, David has been Head of Strategy, in charge of the development of medium- to long-term industry outlook, coordinating the group’s annual strategy process, and leading projects of key strategic importance. Dr Clarke has served as chief technology officer of ArcelorMittal from 2016 to 2019 and as head of CCM (commercial coordination and marketing) from 2019 to 2021. He has also held positions at McKinsey & Company, London; at Princeton, Cambridge and Oxford Universities; and at AT&T Bell Laboratories, USA. Dr Clarke holds a PhD and MA in theoretical physics from Princeton University where he was a Fulbright Fellow and a Hackett Scholar, and a BSc (Hons) in mathematics and physics from the University of Western Australia. The Board of Directors of Vallourec is composed of nine Board Members, including 55% of women and 63% of independent Board Members.お知らせ • Nov 29+ 1 more updateVallourec Appoints Nathalie Delbreuve to the Executive Committee , Effective December 1, 2025Vallourec announced the appointment of Nathalie Delbreuve to the Executive Committee and assume her new role as of December 1, 2025. Nathalie Delbreuve was previously Chief Financial Officer of Verallia. She will succeed Sascha Bibert who, following a transition period, will leave the group in December to pursue a new opportunity. Nathalie Delbreuve began her career in 1996 at the audit firm PwC in the Netherlands and then in Lyon. In 2003, she joined the Norbert Dentressangle group (now XPO Logistics) and became Finance Controller and member of the Executive Committee of the transport division. In 2010 she became Director of Group Consolidation and Management Control at Plastic Omnium (now OPmobility) and then Chief Financial Officer Europe for the Intelligent Exterior Systems division in 2015. In 2020 she joined Verallia Group following the IPO sponsored by Apollo and was appointed Group CFO, member of the Executive Committee. She pursued the financing restructuring and the strengthening of the Finance function, supporting the two Investment Grades ratings obtained by the company. Since 2022, Nathalie Delbreuve is also member of the Board and Chairman of the Audit Committee of Beijer Ref Group. Nathalie Delbreuve is a graduate of ESCP Europe with a master's degree in finance.お知らせ • Nov 14Vallourec S.A. to Report Q4, 2025 Results on Feb 26, 2026Vallourec S.A. announced that they will report Q4, 2025 results on Feb 26, 2026お知らせ • Nov 08Sascha Bibert to Leave Vallourec as Chief Financial Officer in DecemberVallourec announced that its Chief Financial Officer, Sascha Bibert, has decided to leave the Group to pursue an opportunity in Germany. Sascha Bibert will leave the Group in December after a transition period with his successor. Mr. Bibert’s replacement, has already been identified and will join Vallourec’s Executive Committee upon taking up his position in early December.お知らせ • Oct 21Vallourec Showcases the Latest Innovations of its VAM®? Connection at ADIPEC 2025Vallourec will participate in ADIPEC 2025, the energy industry event, taking place from 3 to 6 November 2025 in Abu Dhabi, United Arab Emirates. This year, Vallourec will highlight the latest innovations of its VAM®? connection, as well as its most recent technologies supporting the energy transition. A benchmark in the Oil & Gas sector, VAM®? has continued to set the standard for performance and reliability since the creation of the first premium connection on the market. Backed by cutting-edge R&D, and supported by a comprehensive worldwide service offer, Vallourec has constantly innovated to meet operators' evolving needs and support the energy transition. At Vallourec's booth 3115, hall 3, visitors will have the opportunity to discover these latest innovations, along with the full range of Vallourec Services, covering project engineering, field services, and tubular management solutions. Vallourec's unique underground hydrogen storage solution, Delphy, will also be presented.お知らせ • Sep 16Vallourec Announces Executive ChangesVallourec announced the appointment of Jerome Favre as Head of OCTG, Services and Accessories Business Line. He has joined the Executive Committee, effective 15 September 2025. Jerome Favre previously oversaw OCTG sales for the Eastern Hemisphere and is succeeding Laurent Dubedout. He will work closely with Laurent to perpetuate the Group's successful commercial strategy during the planned transition period. Jerome Favre is a highly regarded professional who has spent his entire career in the commercialization of technological products. Jerome Favre joined Vallourec in 2013 as Sales Manager for West Africa, where he significantly grew OCTG sales and rolled out Vallourec's service offerings. In 2016, he took over as Head of OCTG and Line Pipe Sales for North Africa and Europe, before becoming head of sales for Europe and Africa in this region. In 2020, he was appointed Vice President of Sales and Marketing for the Middle East, later expanding his scope to include Europe and Africa. In June 2025, he was promoted to Sales Director for the Eastern Hemisphere, one of Vallourec's three strategic regions. From 2008 to 2012, Favre led international business development and export sales at Duons Telecom, a telecommunications systems integrator. He began his career in 2001 at Sofrepost, first as Project Manager, then as Sales Director for logistics solutions in the Middle East. Aged 50, Jerome Favre is a graduate of Polytech Lyon and holds a Master's degree in Physics from The University Joseph Fourier (Grenoble I).お知らせ • Jul 25+ 1 more updateVallourec S.A. (ENXTPA:VK) commences an Equity Buyback Plan for 22,799,708 shares, representing 9.74% for €569.99 million, under the authorization approved on May 22, 2025.Vallourec S.A. (ENXTPA:VK) commences share repurchases on May 27, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 22, 2025. As per the mandate, the company is authorized to repurchase up to 22,799,708 shares, representing 9.74% of its issued share capital for €569.99 million. Such shares will be repurchased at a maximum price of €25 per share. The purpose of the program is allocation or sale to employees under the Company's employee profit-sharing plan, for delivery under free share plans or performance share plans, for long-term incentive plans, for support of the liquidity, for retention and subsequent delivery in connection with any future acquisitions, mergers, demergers or asset contributions. The repurchased shares may be cancelled or transferred. The program will valid for 18 months. As of April 8, 2025, the company had 234,034,492 shares in issue. On May 27, 2025, the company announced a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares. The repurchased shares will be used to cover employee long-term incentive plans. The program is valid till June 20, 2025.お知らせ • Jun 05Vallourec Obtains the Qualification of Its Hydrogen Storage Solution and Launches CommercializationVallourec announced the official qualification of Delphy, its vertical gaseous hydrogen storage solution, by DNV. A world first, Delphy enables the storage of 1 to 100 tons of hydrogen under maximum safety conditions. Due to its minimal footprint, this vertical system - extending up to 100 meters underground - meets the challenge of complex and demanding industrial environments. It targets both green hydrogen producers and industrial players such as synthetic fuel producers (e-SAF, e-methanol), green ammonia producers, steelmakers, and refineries. The Delphy solution is the result of Vallourec's longstanding expertise and know-how and is based on proven technologies - tubes and connections - that have demonstrated excellent tightness and corrosion resistance. Launched in 2022, the project has involved around thirty researchers and experts, particularly in the areas of high-precision threading, heat treatment, and non-destructive testing. Since the inauguration of its demonstration in December 2023, Vallourec has followed a rigorous process of development, testing, and validation of its hydrogen storage technology, culminating in the qualification of Delphy. This qualification by recognized experts guarantees the solution's safety and reliability and marks a key milestone towards its commercialization. Vallourec has already signed two Memorandums of Understanding (MoUs): one with H2V, for green hydrogen production and utilization projects, and one with NextChem Tech, for green hydrogen and green ammonia projects. Around fifty projects - in France and internationally - are currently under discussion, representing potential revenue of approximately EUR2 billion. This qualification comes at a time when demand for storage infrastructure is expected to grow, to adapt to the intermittent and flexible nature of green hydrogen production. Demand for the Delphy storage solution will be commenced by European regulations, which require storage solutions to pair with renewable electricity production, and by the French hydrogen strategy, which encourages green hydrogen producers to operate flexibly to contribute to power grid stability.お知らせ • May 23Vallourec S.A. Approves Dividend in Respect of 2024, Payable on May 28, 2025Vallourec S.A. at the Combined General Meeting of Shareholders held on 22 May 2025 approved the first dividend in a decade. The payment of a dividend of €1.50 per share in respect of 2024. The ex-dividend date will be May 26, 2025 and the dividend will be paid on May 28, 2025.お知らせ • May 16Aldebaran Capital Partners agreed to acquire Serimax SAS from Vallourec S.A. (ENXTPA:VK) and TechnipFMC plc (NYSE:FTI) for an enterprise value of €79 million.Aldebaran Capital Partners agreed to acquire Serimax SAS from Vallourec S.A. (ENXTPA:VK) and TechnipFMC plc (NYSE:FTI) for an enterprise value of €79 million on May 15, 2025. Aldebaran Capital Partners will pay an earnout/contingent payment cash. As part of consideration, an undisclosed value is paid towards common equity of Serimax SAS. Under the terms, Aldebaran Capital Partners is paying Serimax, Vallourec’s subsidiary specializing in mechanized welding solutions, for an enterprise value of €79 million, of which €7 million will be paid via an earn-out. Serimax reached €105 million last year. Natixis Partners, the sale process has seen the asset management company dedicated to "special situations" emerge.お知らせ • Apr 08Vallourec S.A., Annual General Meeting, May 22, 2025Vallourec S.A., Annual General Meeting, May 22, 2025. Location: espace verso, 52 rue de la victoire, paris Franceお知らせ • Mar 01Vallourec S.A. to Propose Dividend At 2025 AGMVallourec S.A. proposed €1.50 per share dividend to be proposed at the 2025 AGM.Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: €0.32 (vs €0.33 in 3Q 2023)Third quarter 2024 results: EPS: €0.32 (down from €0.33 in 3Q 2023). Revenue: €894.0m (down 22% from 3Q 2023). Net income: €73.0m (down 3.9% from 3Q 2023). Profit margin: 8.2% (up from 6.7% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 15+ 1 more updateVallourec S.A. to Report Q4, 2024 Results on Feb 27, 2025Vallourec S.A. announced that they will report Q4, 2024 results on Feb 27, 2025お知らせ • Sep 16Vallourec S.A. (ENXTPA:VK) agreed to acquire Thermotite Brasil Ltda. from Bredero Shaw LLC for $17.5 million.Vallourec S.A. (ENXTPA:VK) agreed to acquire Thermotite Brasil Ltda. from Bredero Shaw LLC for $17.5 million on September 16, 2024. The acquisition price is $17.5 million, on a cash-free, debt-free basis, subject to customary price adjustments. The transaction, under which Vallourec will acquire 100% of the shares of Thermotite do Brazil, is subject to customary closing conditions, including regulatory approvals..Board Change • Aug 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Frida Sams was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Aug 07ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO).ArcelorMittal S.A. (ENXTAM:MT) had signed a Share Purchase Agreement to acquire 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO) for approximately €1 billion on March 12, 2024. ArcelorMittal will hold 28.4% of the voting rights and 27.5% of the share capital of the Company following the closing of the transaction. Upon close, this transaction will mark the Apollo Funds’ exit of the investment. ArcelorMittal does not intend to launch a tender offer for Vallourec’s remaining shares over the next six months. The completion of the acquisition is expected to close in the second half of the year, after obtaining the relevant regulatory approvals. As of August 2, 2024, the trasnaction is expected to complete in the third quarter of 2024. Anna Howell, Patrick Ledoux, Bertrand Delaunay, Benoit Fleury, Clarisse Bouchetemble, Attila Borsos and Stephenie Gosnell of Gibson, Dunn & Crutcher LLP acted as legal advisor to ArcelorMittal. Societe Generale Luxembourg S.A. acted as financial advisor to ArcelorMittal S.A. ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO) on August 6, 2024. After the approval of relevant antitrust authorities and clearances under foreign investment regulations, ArcelorMittal has completed the acquisition of 65,243,206 shares.Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: €0.48 (vs €0.68 in 2Q 2023)Second quarter 2024 results: EPS: €0.48 (down from €0.68 in 2Q 2023). Revenue: €1.09b (down 20% from 2Q 2023). Net income: €111.0m (down 30% from 2Q 2023). Profit margin: 10% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 148% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 26Vallourec S.A. Provides Production Guidance for the Third Quarter and Full Year of 2024Vallourec S.A. provided production guidance for the third quarter and full year of 2024. In the third quarter of 2024, based on assumptions and current market conditions, company expects Iron ore production sold to increase sequentially. For the full year 2024, company expects iron ore production sold to be approximately 6 million tonnes.お知らせ • Jul 03Vallourec Receives Necessary Approvals to Commence Its Phase 1 Mine Extension Project in BrazilVallourec announced that it has received the necessary approvals from the state environmental authority (COPAM) and federal mining regulator (ANM) to progress the first extension phase of its Pau Branco iron ore mine. The mine, located in the state of Minas Gerais, Brazil, provides raw materials for Vallourec’s vertically-integrated tube production process and diversifies the Group’s earnings streams via external iron ore sales. The Phase 1 project will extend the Pau Branco mine’s life, improve its reserve quality, and enhance its profitability. After this successful approval process, the capital investment related to the Phase 1 extension activities will begin on schedule. Vallourec therefore reiterates its expectations of a successful start-up of the Phase 1 extension in late 2024. In-line with prior communication, Vallourec expects the Phase 2 mine extension to be completed in 2027. Vallourec management is currently engaging with state and national authorities to obtain the required production and environmental permits for Phase 2. Throughout its daily operations and the progression of these new projects, Vallourec prioritizes safety and environmental responsibility above all.お知らせ • Jun 05Vallourec Appoints Andre Lacerda as Senior Vice President South America for the Tubes SegmentVallourec announced the appointment of Andre Lacerda as Senior Vice President South America for the Tubes segment. In this capacity, he joins the Group's Executive Committee and will report to Bertrand Frischmann, Chief Operating Officer of the Americas. Andre Lacerda has extensive international experience with several world leaders in industrial and technical solutions for the energy sector, such as Weir, Aliaxis, and Vesuvius. He has over 30 years of managing intercultural teams, and has also worked in the industrial sector in Europe, South America, and China. Andre Lacerda holds a degree in Metallurgical Engineering from UFMG in Brazil and a Master's in Energy Market Management from ESCP in France. He has developed strong expertise in creating and executing rapid growth and transformation plans for leading companies. He is also well-acquainted with Vallourec and its markets, having held various positions within the company between 2000 and 2008.お知らせ • May 18Vallourec S.A. to Report Q3, 2024 Results on Nov 15, 2024Vallourec S.A. announced that they will report Q3, 2024 results on Nov 15, 2024Reported Earnings • May 17First quarter 2024 earnings released: EPS: €0.46 (vs €0.67 in 1Q 2023)First quarter 2024 results: EPS: €0.46 (down from €0.67 in 1Q 2023). Revenue: €990.0m (down 26% from 1Q 2023). Net income: €105.0m (down 33% from 1Q 2023). Profit margin: 11% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 151% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.New Risk • Mar 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 03Full year 2023 earnings released: EPS: €2.17 (vs €1.60 loss in FY 2022)Full year 2023 results: EPS: €2.17 (up from €1.60 loss in FY 2022). Revenue: €5.11b (up 4.7% from FY 2022). Net income: €496.0m (up €862.4m from FY 2022). Profit margin: 9.7% (up from net loss in FY 2022). Revenue is expected to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 142% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.お知らせ • Mar 01Vallourec S.A. to Report Q2, 2024 Results on Jul 16, 2024Vallourec S.A. announced that they will report Q2, 2024 results on Jul 16, 2024お知らせ • Feb 08Vallourec S.A. Announces Executive ChangesVallourec announced the appointment of Damien Rebourg as Communication and Public Affairs Senior Vice President. He joins as such the Executive Committee. Damien Rebourg succeeds Valérie La Gamba on the communication scope of the function.New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €0.33 (vs €0.03 in 3Q 2022)Third quarter 2023 results: EPS: €0.33 (up from €0.03 in 3Q 2022). Revenue: €1.14b (down 11% from 3Q 2022). Net income: €76.0m (up €70.0m from 3Q 2022). Profit margin: 6.7% (up from 0.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Nov 17+ 1 more updateVallourec S.A. to Report Q1, 2024 Results on May 16, 2024Vallourec S.A. announced that they will report Q1, 2024 results on May 16, 2024お知らせ • Nov 14Vallourec Appoints Luciano Siani as a Member of Board of Directors, Member of the Audit Committee and of the Corporate Social Responsibility CommitteeVallourec announced that in its November 12th session the Group Board of Directors decided to co-opt Mr. Luciano Siani as a member of Vallourec Board of Directors. The ratification of Mr. Luciano Siani’s appointment will be proposed to the Group’s next Shareholder’s meeting on 23 May 2024. Mr. Siani has held key leadership positions within Vale Group for almost 15 years, most of them as a Senior member of Vale Executive Committee. He has been Group Financial Officer and most recently Executive Vice President Strategy and Business transformation till January 2023. Prior to Vale, Mr. Siani has worked 14 years for the Brazilian Development Bank (BNDES) in various senior roles related to export finance, capital markets and infrastructure assets. He has represented the Bank on the Boards of several large Brazilian companies. Earlier, he also worked as a Consultant at McKinsey & Company. The Board of Directors considered that Mr. Luciano Siani qualifies as an independent member under the criteria set forth by the AFEP MEDEF corporate governance code. Mr. Siani is also appointed as member of the Audit Committee and of the Corporate Social Responsibility (CSR) Committee. The Board of Directors of Vallourec is composed of eight Board Members, including 42% of women and 71% of independent Board Members.お知らせ • Oct 24Vallourec S.A. (ENXTPA:VK) agreed to acquire an unknown stake in 837-MWp Futura I Solar Complex from Eneva S.A. (BOVESPA:ENEV3).Vallourec S.A. (ENXTPA:VK) agreed to acquire an unknown stake in 837-MWp Futura I Solar Complex from Eneva S.A. (BOVESPA:ENEV3) on October 21, 2023.お知らせ • Sep 06Vallourec S.A. Announces Executive ChangesVallourec S.A. announced the following changes within its Executive Committee as of 5 September 2023: Bertrand Frischmann, previously Senior Vice President of the North America region, has been appointed Chief Operating Officer (COO) of the Americas, covering both North and South America. Bertrand Frischmannis also appointed Acting Senior Vice President of the South America region, replacing Pierre d’Archemont. Jacky Massaglia, previously Senior Vice President, Business Line Project Line Pipe and Process, has been appointed Senior Vice President of North America, replacing Bertrand Frischmann, and will report to him in his role as COO of the Americas. Bertrand de Rotalier, formerly OCTG Sales Director for Europe and Africa, is appointed Senior Vice President Business Line Project Line Pipe and Process, replacing Jacky Massaglia. Bertrand de Rotalier joins the Executive Committee.New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Large one-off items impacting financial results.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: €0.013 (vs €1.80 loss in 2Q 2022)Second quarter 2023 results: EPS: €0.013 (up from €1.80 loss in 2Q 2022). Revenue: €20.0m (down 98% from 2Q 2022). Net income: €3.00m (up €418.0m from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). Revenue is expected to decline by 2.2% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.お知らせ • Jul 29Vallourec S.A. Provides Production Guidance for the Second Half or 2023Vallourec S.A. provided production guidance for the second half or 2023. Second half iron ore production sold is expected to be approximately 3.6 million tonnes.お知らせ • May 26+ 1 more updateVallourec S.A., Annual General Meeting, May 23, 2024Vallourec S.A., Annual General Meeting, May 23, 2024.お知らせ • May 17Vallourec S.A. to Report Q2, 2023 Results on Jul 28, 2023Vallourec S.A. announced that they will report Q2, 2023 results on Jul 28, 2023Reported Earnings • Apr 20Full year 2022 earnings released: €1.60 loss per share (vs €0.33 profit in FY 2021)Full year 2022 results: €1.60 loss per share (down from €0.33 profit in FY 2021). Revenue: €4.88b (up 42% from FY 2021). Net loss: €366.4m (down €405.9m from profit in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 5.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 03Full year 2022 earnings released: €1.60 loss per share (vs €0.33 profit in FY 2021)Full year 2022 results: €1.60 loss per share (down from €0.33 profit in FY 2021). Revenue: €4.88b (up 42% from FY 2021). Net loss: €366.0m (down €405.5m from profit in FY 2021). Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 5.0%. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.お知らせ • Feb 14Vallourec S.A. to Report Q4, 2022 Results on Mar 02, 2023Vallourec S.A. announced that they will report Q4, 2022 results on Mar 02, 2023Reported Earnings • Nov 22Third quarter 2022 earnings released: EPS: €0.03 (vs €0.03 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.03 (up from €0.03 loss in 3Q 2021). Revenue: €1.28b (up 54% from 3Q 2021). Net income: €6.00m (up €13.0m from 3Q 2021). Profit margin: 0.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 6.5%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings.Board Change • Nov 16High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 3 highly experienced directors. Honorary Chairman Arnaud Leenhardt is the most experienced director on the board, commencing their role in 2000. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Aug 04High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 3 highly experienced directors. Honorary Chairman Arnaud Leenhardt is the most experienced director on the board, commencing their role in 2000. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Jul 28Vallourec S.A. Provides Production Guidance for the Full Year 2022Vallourec S.A. provided production guidance for the full year 2022. In the Full Year 2022, the company assumes an annual production of 2.6 million tonnes.お知らせ • Jul 09Vallourec Appoints Pierre d'Archemont as Senior Vice President South America, Effective 14 July 2022Vallourec announced the appointment of Pierre d'Archemont as Senior Vice President South America. He will take up his position on 14 July 2022 and join the Executive Committee. Pierre d'Archemont started his career in 1985 at Schneider Electric as a sales and marketing manager. He joined Alcatel in 1992 where he held various management positions. In 1995, he joined the Valeo Group and took over the management of the Brazil and Argentina subsidiary. In 2008, he took over the management of the Atmosfera group in the hotel, hospital and industrial sector, which he then sold to a major player in the sector. In 2011, Pierre d'Archemont took over the general management of operations in Brazil and Argentina for the Plastic Omnium Group, where he built a new team and new processes to improve quality and service in these countries, recovering both competitiveness and customer confidence. Since 2014, he has occupied the position of Regional VP Brazil and Argentina in charge of the operational and financial turnaround of Visteon.お知らせ • Jul 02+ 1 more updateVallourec S.A. Announces Executive ChangesVallourec S.A. announced the appointment of Nathalie Joannes as General Counsel for the Group. She will take up her position on July 4 and join the Executive Committee. Nathalie will succeed Claire Langelier who will accompany the transition process. Claire will leave the company after seven years as General Counsel. In particular, she will have contributed to financial restructuring. Prior to joining Vallourec, Nathalie was Executive Vice President Legal and Compliance & General Counsel at LEO Pharma. She also worked at Roquette Frères' headquarters in Lille as Group General Counsel. During her long career as general counsel in the life sciences and pharmaceutical industries, Nathalie Joannes has successfully built up international legal, risk management and compliance teams in listed and private companies worldwide. She holds a juris doctor degree from the University of Liège and a master’s degree in law from the University of Pennsylvania Law School. She has been a member of the New York Bar since 1987.お知らせ • Jun 02Vallourec S.A. Appoints Enrico Schiappacasse as Senior Vice President Strategy and Development of Vallourec and Joins the Executive CommitteeVallourec S. A announced the appointment of Enrico Schiappacasse as Senior Vice President Group Strategy and Development. He takes office on 1 June 2022 and joins the Group's Executive Committee. Enrico Schiappacasse was previously Vice President of the Oil and Gas Business Unit at Prysmian Group.お知らせ • May 20Vallourec S.A. to Report Q3, 2022 Results on Nov 21, 2022Vallourec S.A. announced that they will report Q3, 2022 results on Nov 21, 2022お知らせ • May 19Vallourec S.A. to Report Q2, 2022 Results on Jul 27, 2022Vallourec S.A. announced that they will report Q2, 2022 results on Jul 27, 2022お知らせ • May 04Vallourec Restarts Operations Partially At Its Iron Ore MineVallourec announced that it has restarted operations partially at its iron ore mine, after having obtained the approval of the mining authorities to resume them for a period of 3 months, without using the waste pile. Under these temporary conditions, it is targeted to progressively ramp up from 70% to full capacity. Vallourec continues to, in parallel, prepare the return to normal operations, which will be subject to the validation of the stability of the waste pile by the mining and state environmental authorities.Board Change • Apr 27High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 3 highly experienced directors. Honorary Chairman Arnaud Leenhardt is the most experienced director on the board, commencing their role in 2000. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Apr 21Full year 2021 earnings released: EPS: €0.33 (vs €105 loss in FY 2020)Full year 2021 results: EPS: €0.33 (up from €105 loss in FY 2020). Revenue: €3.44b (up 6.1% from FY 2020). Net income: €39.5m (up €1.25b from FY 2020). Profit margin: 1.1% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 24%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.お知らせ • Apr 16+ 1 more updateVallourec Announces CFO ChangesVallourec announced the appointment of Sascha Bibert as Group Chief Financial Officer. He takes office on April 19, 2022 and joins the Executive Committee. Sascha Bibert was previously Chief Financial Officer of the Uniper Group. He succeeds Olivier Mallet, who will leave the Company after more than 10 years as Chief Financial Officer, member of the Management Board and more recently Deputy Chief Executive Officer.お知らせ • Mar 23Vallourec S.A. Appoints Philippe Guillemot Is Replacing Edouard Guinotte as Chief Executive OfficerFurther to the completion of an external selection process by a special committee of the Board of Directors, the Appointments and Governance Committee has decided to select Mr. Philippe Guillemot for the purpose of succeeding to Mr. Edouard Guinotte as Chairman and Chief Executive Officer of Vallourec. Vallourec’s Board of Directors met on March 20th, 2022 and appointed Philippe Guillemot for a four-year term, effective March 21, 2022. Philippe Guillemot was until recently Chief Executive Officer of Elior Group. Prior to this, he had been Chief Operating Officer at Alcatel-Lucent and Chief Executive Officer and Board Member at Europcar. Philippe Guillemot will be responsible for accelerating the execution of the Company’s comprehensive strategic plan to focus on “value over volume” and dramatically lower the break-even point of the company by a relentless focus on cost reduction, operational efficiency as well as new commercial practices to allow the company to pursue profitable growth. Once this process is completed by the end of 2023, Vallourec will have been transformed and will be better equipped to manage through a full business cycle evolution.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 32% share price gain to €8.97, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Energy Services industry in Europe. Total loss to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.00 per share.Reported Earnings • Feb 25Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.30 (up from €105 loss in FY 2020). Revenue: €3.44b (up 6.2% from FY 2020). Net income: €40.0m (up €1.25b from FY 2020). Profit margin: 1.2% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 12%, compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 25+ 1 more updateVallourec S.A. to Report Q1, 2022 Results on May 18, 2022Vallourec S.A. announced that they will report Q1, 2022 results on May 18, 2022Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The 6 analysts covering Vallourec previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €105.2m in 2022. Average annual earnings growth of 40% is required to achieve expected profit on schedule.Reported Earnings • Nov 19Third quarter 2021 earnings released: €0.03 loss per share (vs €6.00 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €834.0m (up 17% from 3Q 2020). Net loss: €7.00m (loss narrowed 90% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 55% per year, which means it is performing significantly worse than earnings.Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 7 analysts covering Vallourec expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €150.6m in 2022. Average annual earnings growth of 45% is required to achieve expected profit on schedule.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS €3.70 (vs €43.12 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: €842.0m (flat on 2Q 2020). Net income: €51.0m (up €544.2m from 2Q 2020). Profit margin: 6.1% (up from net loss in 2Q 2020).Breakeven Date Change • Jun 16Forecast to breakeven in 2022The 8 analysts covering Vallourec expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 91% to 2021. The company is expected to make a profit of €5.14m in 2022. Average annual earnings growth of 72% is required to achieve expected profit on schedule.お知らせ • Jun 02Framatome acquired Valinox Nucleaire S.A.S. from Vallourec S.A. (ENXTPA:VK).Framatome acquired Valinox Nucleaire S.A.S. from Vallourec S.A. (ENXTPA:VK) on June 1, 2021. Valinox becomes a subsidiary of Framatome and retains its brand name. All required regulatory approvals and authorizations have been obtained and employee representative bodies have been consulted, making this transaction possible. Alexandre de Verdun of Jones day acted as legal advisor to Framatome. Framatome completed the acquisition of Valinox Nucleaire S.A.S. from Vallourec S.A. (ENXTPA:VK) on June 1, 2021.Reported Earnings • May 24First quarter 2021 earnings released: €8.20 loss per share (vs €8.00 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: €702.0m (down 18% from 1Q 2020). Net loss: €93.0m (loss widened 26% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 20+ 1 more updateVallourec S.A., Annual General Meeting, Apr 20, 2021Vallourec S.A., Annual General Meeting, Apr 20, 2021.Is New 90 Day High Low • Feb 20New 90-day high: €31.57The company is up 52% from its price of €20.79 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.064 per share.Reported Earnings • Feb 20Full year 2020 earnings released: €105 loss per share (vs €29.51 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €3.24b (down 22% from FY 2019). Net loss: €1.21b (loss widened 257% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 4.6% compared to a 5.4% decline forecast for the Energy Services industry in Germany.お知らせ • Feb 04+ 1 more updateVallourec S.A. (ENXTPA:VK) agreed to acquire an additional 15% stake in Vallourec Soluções Tubulares do Brasil S.A. from Nippon Steel Corporation (TSE:5401).Vallourec S.A. (ENXTPA:VK) agreed to acquire an additional 15% stake in Vallourec Soluções Tubulares do Brasil S.A. from Nippon Steel Corporation (TSE:5401) on February 3, 2021. Nippon Steel has exercised a put option pursuant to the joint venture agreement of VSB to sell all of the 15% shares in VSB owned by Nippon Steel group to Vallourec. The subsequent termination of the joint venture will result in the termination of the supply agreement between Nippon Steel and VSB for a volume of 300,000 tons of pipes manufactured at the Jeceaba site in Brazil, which will gradually decrease until mid-2022. In a related transaction, Nippon Steel has decided to subscribe to the new shares to be issued by Vallourec S.A. through the Rights Issue for an amount of €35 million. The transfer of shares is scheduled to be completed by the end of March 2021.Is New 90 Day High Low • Jan 07New 90-day high: €31.36The company is up 87% from its price of €16.79 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 40% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.16 per share.Is New 90 Day High Low • Dec 18New 90-day high: €30.67The company is up 55% from its price of €19.84 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.11 per share.Is New 90 Day High Low • Nov 25New 90-day high: €29.54The company is up 12% from its price of €26.34 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.095 per share.Reported Earnings • Nov 20Third quarter 2020 earnings released: €6.00 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: €716.0m (down 33% from 3Q 2019). Net loss: €69.0m (loss widened 15% from 3Q 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Nov 20Revenue misses expectationsRevenue missed analyst estimates by 8.9%. Over the next year, revenue is forecast to stay flat compared to a 9.3% decline forecast for the Energy Services industry in Germany.Is New 90 Day High Low • Oct 21New 90-day low: €13.97The company is down 56% from its price of €31.72 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.031 per share.Is New 90 Day High Low • Oct 02New 90-day low: €15.11The company is down 56% from its price of €34.70 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.029 per share.お知らせ • Jul 31Vallourec S.A. to Report Q3, 2020 Results on Nov 18, 2020Vallourec S.A. announced that they will report Q3, 2020 results at 4:46 PM, GMT Standard Time on Nov 18, 2020お知らせ • Jul 24Vallourec S.A. to Report First Half, 2020 Results on Jul 29, 2020Vallourec S.A. announced that they will report first half, 2020 results on Jul 29, 2020業績と収益の成長予測DB:VACD - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20285,135694650872912/31/20274,9976455457731012/31/20264,50848740556793/31/20264,324407466674N/A12/31/20254,475417451658N/A9/30/20254,497496N/AN/AN/A6/30/20254,492426442635N/A3/31/20254,365469358532N/A12/31/20244,179468332505N/A9/30/20244,726439341523N/A6/30/20244,813425358549N/A3/31/20245,143480495727N/A12/31/20235,646547532767N/A9/30/20235,6864957871,049N/A6/30/20236,022435487761N/A3/31/20235,754-190N/AN/AN/A12/31/20225,228-392-231-27N/A9/30/20224,317-348-456-293N/A6/30/20224,147-386-510-363N/A3/31/20224,044108-499-341N/A12/31/20213,91745-323-166N/A9/30/20213,716-717-218-65N/A6/30/20213,665-808-5996N/A3/31/20213,624-1,43659168N/A12/31/20203,961-1,473-13633N/A9/30/20204,006-875-17128N/A6/30/20204,225-829-17434N/A3/31/20204,409-354-68122N/A12/31/20194,681-379N/A133N/A9/30/20194,670-360N/A113N/A6/30/20194,760-413N/A-105N/A3/31/20194,581-474N/A-305N/A12/31/20184,492-576N/A-418N/A9/30/20184,498-653N/A-543N/A6/30/20184,528-688N/A-453N/A3/31/20184,716-715N/A-395N/A12/31/20174,499-644N/A-326N/A9/30/20174,158-657N/A-282N/A6/30/20173,709-681N/A-273N/A3/31/20173,283-640N/A-223N/A12/31/20163,121-798N/A-231N/A9/30/20163,357-1,124N/A-93N/A6/30/20163,517-1,116N/A75N/A3/31/20163,898-1,222N/A215N/A12/31/20154,131-939N/A438N/A9/30/20155,141-1,709N/A576N/A6/30/20155,656-1,496N/A644N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: VACDの予測収益成長率 (年間14.6% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: VACDの収益 ( 14.6% ) German市場 ( 17% ) よりも低い成長が予測されています。高成長収益: VACDの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: VACDの収益 ( 5.8% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: VACDの収益 ( 5.8% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: VACDの 自己資本利益率 は、3年後には高くなると予測されています ( 21.1 %)成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/10 13:12終値2026/06/10 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Vallourec S.A. 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。22 アナリスト機関Michael PickupBarclaysAlessandro AbateBerenbergGuillaume DelabyBernstein19 その他のアナリストを表示
お知らせ • Jul 26Vallourec S.A. Provides Production Guidance for the Third Quarter and Full Year of 2024Vallourec S.A. provided production guidance for the third quarter and full year of 2024. In the third quarter of 2024, based on assumptions and current market conditions, company expects Iron ore production sold to increase sequentially. For the full year 2024, company expects iron ore production sold to be approximately 6 million tonnes.
お知らせ • Jul 29Vallourec S.A. Provides Production Guidance for the Second Half or 2023Vallourec S.A. provided production guidance for the second half or 2023. Second half iron ore production sold is expected to be approximately 3.6 million tonnes.
お知らせ • Jul 28Vallourec S.A. Provides Production Guidance for the Full Year 2022Vallourec S.A. provided production guidance for the full year 2022. In the Full Year 2022, the company assumes an annual production of 2.6 million tonnes.
お知らせ • May 04Vallourec Restarts Operations Partially At Its Iron Ore MineVallourec announced that it has restarted operations partially at its iron ore mine, after having obtained the approval of the mining authorities to resume them for a period of 3 months, without using the waste pile. Under these temporary conditions, it is targeted to progressively ramp up from 70% to full capacity. Vallourec continues to, in parallel, prepare the return to normal operations, which will be subject to the validation of the stability of the waste pile by the mining and state environmental authorities.
Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The 6 analysts covering Vallourec previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €105.2m in 2022. Average annual earnings growth of 40% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 7 analysts covering Vallourec expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €150.6m in 2022. Average annual earnings growth of 45% is required to achieve expected profit on schedule.
Board Change • May 21High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Representative Director Annelise Gall was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 30+ 1 more updateVallourec S.A. to Report Q2, 2026 Results on Jul 30, 2026Vallourec S.A. announced that they will report Q2, 2026 results at 7:30 AM, Central European Standard Time on Jul 30, 2026
お知らせ • Apr 07Vallourec S.A., Annual General Meeting, May 21, 2026Vallourec S.A., Annual General Meeting, May 21, 2026. Location: espace verso, 52 rue de la victoire, paris France
お知らせ • Mar 17Vallourec S.A. to Report Q1, 2026 Results on May 13, 2026Vallourec S.A. announced that they will report Q1, 2026 results on May 13, 2026
お知らせ • Mar 10Vallourec Announces Advanced Tubular Solutions For California Carbon Capture And Storage FacilityVallourec announced its successful support of California Resources Corporation’s pioneering carbon capture and storage development with Carbon TerraVault I (CTV I) at the Elk Hills Field in Kern County, California. As a key technology partner, Vallourec provided the advanced tubular solutions required to ensure safe, long-term carbon dioxide (CO2) storage for this milestone project. This first-of-a-kind project is the state’s inaugural CCS facility to secure U.S. Environmental Protection Agency (EPA) Class VI permits for CO2 injection and storage in depleted oil and gas reservoirs, representing a significant milestone for the global CCS industry. First injection at CTV I is planned for spring 2026. At its maximum capacity, CTV I is expected to store up to 1.46 million metric tons (MT) of CO2 per year in the 26R reservoir, contributing 38 million MT of CO2 storage toward a total planned capacity of more than 350 million MT across the broader CTV portfolio. Vallourec’s advanced tubular technologies are central to the project’s well integrity and long-term storage performance. To support safe and reliable CO2 injection under demanding downhole conditions, Vallourec delivered premium VAM® 21 connections on corrosion-resistant alloy (CRA) pipe qualified for the project’s stringent technical requirements. CLEANWELL® dope-free technology was deployed for the first time in an onshore CCS project, enabling cleaner, more sustainable running operations. The scope of supply included multiple string sizes and a full range of accessories tailored to project needs, supported by on-site VAM® Field Service to ensure flawless running and long-term well integrity.
お知らせ • Feb 27Vallourec Announces Board and Committee ChangesThe Board of Directors of Vallourec, meeting held on February 26, 2026, decided to co-opt, at the request of ArcelorMittal, Mr. David Clarke as a member of Vallourec Board of Directors, replacing Mr. Keith James Howell. Mr. David Clarke was also appointed as a member of the Nominations and Governance Committee. The ratification of Mr. Clarke’s appointment will be proposed at the Group’s next Shareholder’s meeting on 21 May 2026. Dr Clarke joined Mittal Steel in 2003 to support the integration and operational improvement activities in the group’s then new acquisitions in Eastern Europe. In 2006, he co-led the development of the Mittal Steel value plan, a key element of the successful bid to merge with Arcelor, and was appointed Vice President of Strategy in 2007. Since 2013, David has been Head of Strategy, in charge of the development of medium- to long-term industry outlook, coordinating the group’s annual strategy process, and leading projects of key strategic importance. Dr Clarke has served as chief technology officer of ArcelorMittal from 2016 to 2019 and as head of CCM (commercial coordination and marketing) from 2019 to 2021. He has also held positions at McKinsey & Company, London; at Princeton, Cambridge and Oxford Universities; and at AT&T Bell Laboratories, USA. Dr Clarke holds a PhD and MA in theoretical physics from Princeton University where he was a Fulbright Fellow and a Hackett Scholar, and a BSc (Hons) in mathematics and physics from the University of Western Australia. The Board of Directors of Vallourec is composed of nine Board Members, including 55% of women and 63% of independent Board Members.
お知らせ • Nov 29+ 1 more updateVallourec Appoints Nathalie Delbreuve to the Executive Committee , Effective December 1, 2025Vallourec announced the appointment of Nathalie Delbreuve to the Executive Committee and assume her new role as of December 1, 2025. Nathalie Delbreuve was previously Chief Financial Officer of Verallia. She will succeed Sascha Bibert who, following a transition period, will leave the group in December to pursue a new opportunity. Nathalie Delbreuve began her career in 1996 at the audit firm PwC in the Netherlands and then in Lyon. In 2003, she joined the Norbert Dentressangle group (now XPO Logistics) and became Finance Controller and member of the Executive Committee of the transport division. In 2010 she became Director of Group Consolidation and Management Control at Plastic Omnium (now OPmobility) and then Chief Financial Officer Europe for the Intelligent Exterior Systems division in 2015. In 2020 she joined Verallia Group following the IPO sponsored by Apollo and was appointed Group CFO, member of the Executive Committee. She pursued the financing restructuring and the strengthening of the Finance function, supporting the two Investment Grades ratings obtained by the company. Since 2022, Nathalie Delbreuve is also member of the Board and Chairman of the Audit Committee of Beijer Ref Group. Nathalie Delbreuve is a graduate of ESCP Europe with a master's degree in finance.
お知らせ • Nov 14Vallourec S.A. to Report Q4, 2025 Results on Feb 26, 2026Vallourec S.A. announced that they will report Q4, 2025 results on Feb 26, 2026
お知らせ • Nov 08Sascha Bibert to Leave Vallourec as Chief Financial Officer in DecemberVallourec announced that its Chief Financial Officer, Sascha Bibert, has decided to leave the Group to pursue an opportunity in Germany. Sascha Bibert will leave the Group in December after a transition period with his successor. Mr. Bibert’s replacement, has already been identified and will join Vallourec’s Executive Committee upon taking up his position in early December.
お知らせ • Oct 21Vallourec Showcases the Latest Innovations of its VAM®? Connection at ADIPEC 2025Vallourec will participate in ADIPEC 2025, the energy industry event, taking place from 3 to 6 November 2025 in Abu Dhabi, United Arab Emirates. This year, Vallourec will highlight the latest innovations of its VAM®? connection, as well as its most recent technologies supporting the energy transition. A benchmark in the Oil & Gas sector, VAM®? has continued to set the standard for performance and reliability since the creation of the first premium connection on the market. Backed by cutting-edge R&D, and supported by a comprehensive worldwide service offer, Vallourec has constantly innovated to meet operators' evolving needs and support the energy transition. At Vallourec's booth 3115, hall 3, visitors will have the opportunity to discover these latest innovations, along with the full range of Vallourec Services, covering project engineering, field services, and tubular management solutions. Vallourec's unique underground hydrogen storage solution, Delphy, will also be presented.
お知らせ • Sep 16Vallourec Announces Executive ChangesVallourec announced the appointment of Jerome Favre as Head of OCTG, Services and Accessories Business Line. He has joined the Executive Committee, effective 15 September 2025. Jerome Favre previously oversaw OCTG sales for the Eastern Hemisphere and is succeeding Laurent Dubedout. He will work closely with Laurent to perpetuate the Group's successful commercial strategy during the planned transition period. Jerome Favre is a highly regarded professional who has spent his entire career in the commercialization of technological products. Jerome Favre joined Vallourec in 2013 as Sales Manager for West Africa, where he significantly grew OCTG sales and rolled out Vallourec's service offerings. In 2016, he took over as Head of OCTG and Line Pipe Sales for North Africa and Europe, before becoming head of sales for Europe and Africa in this region. In 2020, he was appointed Vice President of Sales and Marketing for the Middle East, later expanding his scope to include Europe and Africa. In June 2025, he was promoted to Sales Director for the Eastern Hemisphere, one of Vallourec's three strategic regions. From 2008 to 2012, Favre led international business development and export sales at Duons Telecom, a telecommunications systems integrator. He began his career in 2001 at Sofrepost, first as Project Manager, then as Sales Director for logistics solutions in the Middle East. Aged 50, Jerome Favre is a graduate of Polytech Lyon and holds a Master's degree in Physics from The University Joseph Fourier (Grenoble I).
お知らせ • Jul 25+ 1 more updateVallourec S.A. (ENXTPA:VK) commences an Equity Buyback Plan for 22,799,708 shares, representing 9.74% for €569.99 million, under the authorization approved on May 22, 2025.Vallourec S.A. (ENXTPA:VK) commences share repurchases on May 27, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 22, 2025. As per the mandate, the company is authorized to repurchase up to 22,799,708 shares, representing 9.74% of its issued share capital for €569.99 million. Such shares will be repurchased at a maximum price of €25 per share. The purpose of the program is allocation or sale to employees under the Company's employee profit-sharing plan, for delivery under free share plans or performance share plans, for long-term incentive plans, for support of the liquidity, for retention and subsequent delivery in connection with any future acquisitions, mergers, demergers or asset contributions. The repurchased shares may be cancelled or transferred. The program will valid for 18 months. As of April 8, 2025, the company had 234,034,492 shares in issue. On May 27, 2025, the company announced a share repurchase program. Under the program, the company will repurchase up to 1,200,000 shares. The repurchased shares will be used to cover employee long-term incentive plans. The program is valid till June 20, 2025.
お知らせ • Jun 05Vallourec Obtains the Qualification of Its Hydrogen Storage Solution and Launches CommercializationVallourec announced the official qualification of Delphy, its vertical gaseous hydrogen storage solution, by DNV. A world first, Delphy enables the storage of 1 to 100 tons of hydrogen under maximum safety conditions. Due to its minimal footprint, this vertical system - extending up to 100 meters underground - meets the challenge of complex and demanding industrial environments. It targets both green hydrogen producers and industrial players such as synthetic fuel producers (e-SAF, e-methanol), green ammonia producers, steelmakers, and refineries. The Delphy solution is the result of Vallourec's longstanding expertise and know-how and is based on proven technologies - tubes and connections - that have demonstrated excellent tightness and corrosion resistance. Launched in 2022, the project has involved around thirty researchers and experts, particularly in the areas of high-precision threading, heat treatment, and non-destructive testing. Since the inauguration of its demonstration in December 2023, Vallourec has followed a rigorous process of development, testing, and validation of its hydrogen storage technology, culminating in the qualification of Delphy. This qualification by recognized experts guarantees the solution's safety and reliability and marks a key milestone towards its commercialization. Vallourec has already signed two Memorandums of Understanding (MoUs): one with H2V, for green hydrogen production and utilization projects, and one with NextChem Tech, for green hydrogen and green ammonia projects. Around fifty projects - in France and internationally - are currently under discussion, representing potential revenue of approximately EUR2 billion. This qualification comes at a time when demand for storage infrastructure is expected to grow, to adapt to the intermittent and flexible nature of green hydrogen production. Demand for the Delphy storage solution will be commenced by European regulations, which require storage solutions to pair with renewable electricity production, and by the French hydrogen strategy, which encourages green hydrogen producers to operate flexibly to contribute to power grid stability.
お知らせ • May 23Vallourec S.A. Approves Dividend in Respect of 2024, Payable on May 28, 2025Vallourec S.A. at the Combined General Meeting of Shareholders held on 22 May 2025 approved the first dividend in a decade. The payment of a dividend of €1.50 per share in respect of 2024. The ex-dividend date will be May 26, 2025 and the dividend will be paid on May 28, 2025.
お知らせ • May 16Aldebaran Capital Partners agreed to acquire Serimax SAS from Vallourec S.A. (ENXTPA:VK) and TechnipFMC plc (NYSE:FTI) for an enterprise value of €79 million.Aldebaran Capital Partners agreed to acquire Serimax SAS from Vallourec S.A. (ENXTPA:VK) and TechnipFMC plc (NYSE:FTI) for an enterprise value of €79 million on May 15, 2025. Aldebaran Capital Partners will pay an earnout/contingent payment cash. As part of consideration, an undisclosed value is paid towards common equity of Serimax SAS. Under the terms, Aldebaran Capital Partners is paying Serimax, Vallourec’s subsidiary specializing in mechanized welding solutions, for an enterprise value of €79 million, of which €7 million will be paid via an earn-out. Serimax reached €105 million last year. Natixis Partners, the sale process has seen the asset management company dedicated to "special situations" emerge.
お知らせ • Apr 08Vallourec S.A., Annual General Meeting, May 22, 2025Vallourec S.A., Annual General Meeting, May 22, 2025. Location: espace verso, 52 rue de la victoire, paris France
お知らせ • Mar 01Vallourec S.A. to Propose Dividend At 2025 AGMVallourec S.A. proposed €1.50 per share dividend to be proposed at the 2025 AGM.
Reported Earnings • Nov 16Third quarter 2024 earnings released: EPS: €0.32 (vs €0.33 in 3Q 2023)Third quarter 2024 results: EPS: €0.32 (down from €0.33 in 3Q 2023). Revenue: €894.0m (down 22% from 3Q 2023). Net income: €73.0m (down 3.9% from 3Q 2023). Profit margin: 8.2% (up from 6.7% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 15+ 1 more updateVallourec S.A. to Report Q4, 2024 Results on Feb 27, 2025Vallourec S.A. announced that they will report Q4, 2024 results on Feb 27, 2025
お知らせ • Sep 16Vallourec S.A. (ENXTPA:VK) agreed to acquire Thermotite Brasil Ltda. from Bredero Shaw LLC for $17.5 million.Vallourec S.A. (ENXTPA:VK) agreed to acquire Thermotite Brasil Ltda. from Bredero Shaw LLC for $17.5 million on September 16, 2024. The acquisition price is $17.5 million, on a cash-free, debt-free basis, subject to customary price adjustments. The transaction, under which Vallourec will acquire 100% of the shares of Thermotite do Brazil, is subject to customary closing conditions, including regulatory approvals..
Board Change • Aug 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Frida Sams was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 07ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO).ArcelorMittal S.A. (ENXTAM:MT) had signed a Share Purchase Agreement to acquire 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO) for approximately €1 billion on March 12, 2024. ArcelorMittal will hold 28.4% of the voting rights and 27.5% of the share capital of the Company following the closing of the transaction. Upon close, this transaction will mark the Apollo Funds’ exit of the investment. ArcelorMittal does not intend to launch a tender offer for Vallourec’s remaining shares over the next six months. The completion of the acquisition is expected to close in the second half of the year, after obtaining the relevant regulatory approvals. As of August 2, 2024, the trasnaction is expected to complete in the third quarter of 2024. Anna Howell, Patrick Ledoux, Bertrand Delaunay, Benoit Fleury, Clarisse Bouchetemble, Attila Borsos and Stephenie Gosnell of Gibson, Dunn & Crutcher LLP acted as legal advisor to ArcelorMittal. Societe Generale Luxembourg S.A. acted as financial advisor to ArcelorMittal S.A. ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO) on August 6, 2024. After the approval of relevant antitrust authorities and clearances under foreign investment regulations, ArcelorMittal has completed the acquisition of 65,243,206 shares.
Reported Earnings • Jul 28Second quarter 2024 earnings released: EPS: €0.48 (vs €0.68 in 2Q 2023)Second quarter 2024 results: EPS: €0.48 (down from €0.68 in 2Q 2023). Revenue: €1.09b (down 20% from 2Q 2023). Net income: €111.0m (down 30% from 2Q 2023). Profit margin: 10% (down from 12% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 148% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 26Vallourec S.A. Provides Production Guidance for the Third Quarter and Full Year of 2024Vallourec S.A. provided production guidance for the third quarter and full year of 2024. In the third quarter of 2024, based on assumptions and current market conditions, company expects Iron ore production sold to increase sequentially. For the full year 2024, company expects iron ore production sold to be approximately 6 million tonnes.
お知らせ • Jul 03Vallourec Receives Necessary Approvals to Commence Its Phase 1 Mine Extension Project in BrazilVallourec announced that it has received the necessary approvals from the state environmental authority (COPAM) and federal mining regulator (ANM) to progress the first extension phase of its Pau Branco iron ore mine. The mine, located in the state of Minas Gerais, Brazil, provides raw materials for Vallourec’s vertically-integrated tube production process and diversifies the Group’s earnings streams via external iron ore sales. The Phase 1 project will extend the Pau Branco mine’s life, improve its reserve quality, and enhance its profitability. After this successful approval process, the capital investment related to the Phase 1 extension activities will begin on schedule. Vallourec therefore reiterates its expectations of a successful start-up of the Phase 1 extension in late 2024. In-line with prior communication, Vallourec expects the Phase 2 mine extension to be completed in 2027. Vallourec management is currently engaging with state and national authorities to obtain the required production and environmental permits for Phase 2. Throughout its daily operations and the progression of these new projects, Vallourec prioritizes safety and environmental responsibility above all.
お知らせ • Jun 05Vallourec Appoints Andre Lacerda as Senior Vice President South America for the Tubes SegmentVallourec announced the appointment of Andre Lacerda as Senior Vice President South America for the Tubes segment. In this capacity, he joins the Group's Executive Committee and will report to Bertrand Frischmann, Chief Operating Officer of the Americas. Andre Lacerda has extensive international experience with several world leaders in industrial and technical solutions for the energy sector, such as Weir, Aliaxis, and Vesuvius. He has over 30 years of managing intercultural teams, and has also worked in the industrial sector in Europe, South America, and China. Andre Lacerda holds a degree in Metallurgical Engineering from UFMG in Brazil and a Master's in Energy Market Management from ESCP in France. He has developed strong expertise in creating and executing rapid growth and transformation plans for leading companies. He is also well-acquainted with Vallourec and its markets, having held various positions within the company between 2000 and 2008.
お知らせ • May 18Vallourec S.A. to Report Q3, 2024 Results on Nov 15, 2024Vallourec S.A. announced that they will report Q3, 2024 results on Nov 15, 2024
Reported Earnings • May 17First quarter 2024 earnings released: EPS: €0.46 (vs €0.67 in 1Q 2023)First quarter 2024 results: EPS: €0.46 (down from €0.67 in 1Q 2023). Revenue: €990.0m (down 26% from 1Q 2023). Net income: €105.0m (down 33% from 1Q 2023). Profit margin: 11% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 151% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
New Risk • Mar 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: €2.17 (vs €1.60 loss in FY 2022)Full year 2023 results: EPS: €2.17 (up from €1.60 loss in FY 2022). Revenue: €5.11b (up 4.7% from FY 2022). Net income: €496.0m (up €862.4m from FY 2022). Profit margin: 9.7% (up from net loss in FY 2022). Revenue is expected to decline by 2.0% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 142% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
お知らせ • Mar 01Vallourec S.A. to Report Q2, 2024 Results on Jul 16, 2024Vallourec S.A. announced that they will report Q2, 2024 results on Jul 16, 2024
お知らせ • Feb 08Vallourec S.A. Announces Executive ChangesVallourec announced the appointment of Damien Rebourg as Communication and Public Affairs Senior Vice President. He joins as such the Executive Committee. Damien Rebourg succeeds Valérie La Gamba on the communication scope of the function.
New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: €0.33 (vs €0.03 in 3Q 2022)Third quarter 2023 results: EPS: €0.33 (up from €0.03 in 3Q 2022). Revenue: €1.14b (down 11% from 3Q 2022). Net income: €76.0m (up €70.0m from 3Q 2022). Profit margin: 6.7% (up from 0.5% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Nov 17+ 1 more updateVallourec S.A. to Report Q1, 2024 Results on May 16, 2024Vallourec S.A. announced that they will report Q1, 2024 results on May 16, 2024
お知らせ • Nov 14Vallourec Appoints Luciano Siani as a Member of Board of Directors, Member of the Audit Committee and of the Corporate Social Responsibility CommitteeVallourec announced that in its November 12th session the Group Board of Directors decided to co-opt Mr. Luciano Siani as a member of Vallourec Board of Directors. The ratification of Mr. Luciano Siani’s appointment will be proposed to the Group’s next Shareholder’s meeting on 23 May 2024. Mr. Siani has held key leadership positions within Vale Group for almost 15 years, most of them as a Senior member of Vale Executive Committee. He has been Group Financial Officer and most recently Executive Vice President Strategy and Business transformation till January 2023. Prior to Vale, Mr. Siani has worked 14 years for the Brazilian Development Bank (BNDES) in various senior roles related to export finance, capital markets and infrastructure assets. He has represented the Bank on the Boards of several large Brazilian companies. Earlier, he also worked as a Consultant at McKinsey & Company. The Board of Directors considered that Mr. Luciano Siani qualifies as an independent member under the criteria set forth by the AFEP MEDEF corporate governance code. Mr. Siani is also appointed as member of the Audit Committee and of the Corporate Social Responsibility (CSR) Committee. The Board of Directors of Vallourec is composed of eight Board Members, including 42% of women and 71% of independent Board Members.
お知らせ • Oct 24Vallourec S.A. (ENXTPA:VK) agreed to acquire an unknown stake in 837-MWp Futura I Solar Complex from Eneva S.A. (BOVESPA:ENEV3).Vallourec S.A. (ENXTPA:VK) agreed to acquire an unknown stake in 837-MWp Futura I Solar Complex from Eneva S.A. (BOVESPA:ENEV3) on October 21, 2023.
お知らせ • Sep 06Vallourec S.A. Announces Executive ChangesVallourec S.A. announced the following changes within its Executive Committee as of 5 September 2023: Bertrand Frischmann, previously Senior Vice President of the North America region, has been appointed Chief Operating Officer (COO) of the Americas, covering both North and South America. Bertrand Frischmannis also appointed Acting Senior Vice President of the South America region, replacing Pierre d’Archemont. Jacky Massaglia, previously Senior Vice President, Business Line Project Line Pipe and Process, has been appointed Senior Vice President of North America, replacing Bertrand Frischmann, and will report to him in his role as COO of the Americas. Bertrand de Rotalier, formerly OCTG Sales Director for Europe and Africa, is appointed Senior Vice President Business Line Project Line Pipe and Process, replacing Jacky Massaglia. Bertrand de Rotalier joins the Executive Committee.
New Risk • Jul 29New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: €0.013 (vs €1.80 loss in 2Q 2022)Second quarter 2023 results: EPS: €0.013 (up from €1.80 loss in 2Q 2022). Revenue: €20.0m (down 98% from 2Q 2022). Net income: €3.00m (up €418.0m from 2Q 2022). Profit margin: 15% (up from net loss in 2Q 2022). Revenue is expected to decline by 2.2% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
お知らせ • Jul 29Vallourec S.A. Provides Production Guidance for the Second Half or 2023Vallourec S.A. provided production guidance for the second half or 2023. Second half iron ore production sold is expected to be approximately 3.6 million tonnes.
お知らせ • May 26+ 1 more updateVallourec S.A., Annual General Meeting, May 23, 2024Vallourec S.A., Annual General Meeting, May 23, 2024.
お知らせ • May 17Vallourec S.A. to Report Q2, 2023 Results on Jul 28, 2023Vallourec S.A. announced that they will report Q2, 2023 results on Jul 28, 2023
Reported Earnings • Apr 20Full year 2022 earnings released: €1.60 loss per share (vs €0.33 profit in FY 2021)Full year 2022 results: €1.60 loss per share (down from €0.33 profit in FY 2021). Revenue: €4.88b (up 42% from FY 2021). Net loss: €366.4m (down €405.9m from profit in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 5.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 03Full year 2022 earnings released: €1.60 loss per share (vs €0.33 profit in FY 2021)Full year 2022 results: €1.60 loss per share (down from €0.33 profit in FY 2021). Revenue: €4.88b (up 42% from FY 2021). Net loss: €366.0m (down €405.5m from profit in FY 2021). Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 5.0%. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
お知らせ • Feb 14Vallourec S.A. to Report Q4, 2022 Results on Mar 02, 2023Vallourec S.A. announced that they will report Q4, 2022 results on Mar 02, 2023
Reported Earnings • Nov 22Third quarter 2022 earnings released: EPS: €0.03 (vs €0.03 loss in 3Q 2021)Third quarter 2022 results: EPS: €0.03 (up from €0.03 loss in 3Q 2021). Revenue: €1.28b (up 54% from 3Q 2021). Net income: €6.00m (up €13.0m from 3Q 2021). Profit margin: 0.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 6.5%. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings.
Board Change • Nov 16High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 3 highly experienced directors. Honorary Chairman Arnaud Leenhardt is the most experienced director on the board, commencing their role in 2000. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Aug 04High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 3 highly experienced directors. Honorary Chairman Arnaud Leenhardt is the most experienced director on the board, commencing their role in 2000. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Jul 28Vallourec S.A. Provides Production Guidance for the Full Year 2022Vallourec S.A. provided production guidance for the full year 2022. In the Full Year 2022, the company assumes an annual production of 2.6 million tonnes.
お知らせ • Jul 09Vallourec Appoints Pierre d'Archemont as Senior Vice President South America, Effective 14 July 2022Vallourec announced the appointment of Pierre d'Archemont as Senior Vice President South America. He will take up his position on 14 July 2022 and join the Executive Committee. Pierre d'Archemont started his career in 1985 at Schneider Electric as a sales and marketing manager. He joined Alcatel in 1992 where he held various management positions. In 1995, he joined the Valeo Group and took over the management of the Brazil and Argentina subsidiary. In 2008, he took over the management of the Atmosfera group in the hotel, hospital and industrial sector, which he then sold to a major player in the sector. In 2011, Pierre d'Archemont took over the general management of operations in Brazil and Argentina for the Plastic Omnium Group, where he built a new team and new processes to improve quality and service in these countries, recovering both competitiveness and customer confidence. Since 2014, he has occupied the position of Regional VP Brazil and Argentina in charge of the operational and financial turnaround of Visteon.
お知らせ • Jul 02+ 1 more updateVallourec S.A. Announces Executive ChangesVallourec S.A. announced the appointment of Nathalie Joannes as General Counsel for the Group. She will take up her position on July 4 and join the Executive Committee. Nathalie will succeed Claire Langelier who will accompany the transition process. Claire will leave the company after seven years as General Counsel. In particular, she will have contributed to financial restructuring. Prior to joining Vallourec, Nathalie was Executive Vice President Legal and Compliance & General Counsel at LEO Pharma. She also worked at Roquette Frères' headquarters in Lille as Group General Counsel. During her long career as general counsel in the life sciences and pharmaceutical industries, Nathalie Joannes has successfully built up international legal, risk management and compliance teams in listed and private companies worldwide. She holds a juris doctor degree from the University of Liège and a master’s degree in law from the University of Pennsylvania Law School. She has been a member of the New York Bar since 1987.
お知らせ • Jun 02Vallourec S.A. Appoints Enrico Schiappacasse as Senior Vice President Strategy and Development of Vallourec and Joins the Executive CommitteeVallourec S. A announced the appointment of Enrico Schiappacasse as Senior Vice President Group Strategy and Development. He takes office on 1 June 2022 and joins the Group's Executive Committee. Enrico Schiappacasse was previously Vice President of the Oil and Gas Business Unit at Prysmian Group.
お知らせ • May 20Vallourec S.A. to Report Q3, 2022 Results on Nov 21, 2022Vallourec S.A. announced that they will report Q3, 2022 results on Nov 21, 2022
お知らせ • May 19Vallourec S.A. to Report Q2, 2022 Results on Jul 27, 2022Vallourec S.A. announced that they will report Q2, 2022 results on Jul 27, 2022
お知らせ • May 04Vallourec Restarts Operations Partially At Its Iron Ore MineVallourec announced that it has restarted operations partially at its iron ore mine, after having obtained the approval of the mining authorities to resume them for a period of 3 months, without using the waste pile. Under these temporary conditions, it is targeted to progressively ramp up from 70% to full capacity. Vallourec continues to, in parallel, prepare the return to normal operations, which will be subject to the validation of the stability of the waste pile by the mining and state environmental authorities.
Board Change • Apr 27High number of new and inexperienced directorsThere are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. 3 highly experienced directors. Honorary Chairman Arnaud Leenhardt is the most experienced director on the board, commencing their role in 2000. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Apr 21Full year 2021 earnings released: EPS: €0.33 (vs €105 loss in FY 2020)Full year 2021 results: EPS: €0.33 (up from €105 loss in FY 2020). Revenue: €3.44b (up 6.1% from FY 2020). Net income: €39.5m (up €1.25b from FY 2020). Profit margin: 1.1% (up from net loss in FY 2020). Over the next year, revenue is forecast to grow 24%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.
お知らせ • Apr 16+ 1 more updateVallourec Announces CFO ChangesVallourec announced the appointment of Sascha Bibert as Group Chief Financial Officer. He takes office on April 19, 2022 and joins the Executive Committee. Sascha Bibert was previously Chief Financial Officer of the Uniper Group. He succeeds Olivier Mallet, who will leave the Company after more than 10 years as Chief Financial Officer, member of the Management Board and more recently Deputy Chief Executive Officer.
お知らせ • Mar 23Vallourec S.A. Appoints Philippe Guillemot Is Replacing Edouard Guinotte as Chief Executive OfficerFurther to the completion of an external selection process by a special committee of the Board of Directors, the Appointments and Governance Committee has decided to select Mr. Philippe Guillemot for the purpose of succeeding to Mr. Edouard Guinotte as Chairman and Chief Executive Officer of Vallourec. Vallourec’s Board of Directors met on March 20th, 2022 and appointed Philippe Guillemot for a four-year term, effective March 21, 2022. Philippe Guillemot was until recently Chief Executive Officer of Elior Group. Prior to this, he had been Chief Operating Officer at Alcatel-Lucent and Chief Executive Officer and Board Member at Europcar. Philippe Guillemot will be responsible for accelerating the execution of the Company’s comprehensive strategic plan to focus on “value over volume” and dramatically lower the break-even point of the company by a relentless focus on cost reduction, operational efficiency as well as new commercial practices to allow the company to pursue profitable growth. Once this process is completed by the end of 2023, Vallourec will have been transformed and will be better equipped to manage through a full business cycle evolution.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 32% share price gain to €8.97, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 10x in the Energy Services industry in Europe. Total loss to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.00 per share.
Reported Earnings • Feb 25Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.30 (up from €105 loss in FY 2020). Revenue: €3.44b (up 6.2% from FY 2020). Net income: €40.0m (up €1.25b from FY 2020). Profit margin: 1.2% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 12%, compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 25+ 1 more updateVallourec S.A. to Report Q1, 2022 Results on May 18, 2022Vallourec S.A. announced that they will report Q1, 2022 results on May 18, 2022
Breakeven Date Change • Dec 31Forecast breakeven date pushed back to 2022The 6 analysts covering Vallourec previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of €105.2m in 2022. Average annual earnings growth of 40% is required to achieve expected profit on schedule.
Reported Earnings • Nov 19Third quarter 2021 earnings released: €0.03 loss per share (vs €6.00 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €834.0m (up 17% from 3Q 2020). Net loss: €7.00m (loss narrowed 90% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 55% per year, which means it is performing significantly worse than earnings.
Breakeven Date Change • Sep 23Forecast to breakeven in 2022The 7 analysts covering Vallourec expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €150.6m in 2022. Average annual earnings growth of 45% is required to achieve expected profit on schedule.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS €3.70 (vs €43.12 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: €842.0m (flat on 2Q 2020). Net income: €51.0m (up €544.2m from 2Q 2020). Profit margin: 6.1% (up from net loss in 2Q 2020).
Breakeven Date Change • Jun 16Forecast to breakeven in 2022The 8 analysts covering Vallourec expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 91% to 2021. The company is expected to make a profit of €5.14m in 2022. Average annual earnings growth of 72% is required to achieve expected profit on schedule.
お知らせ • Jun 02Framatome acquired Valinox Nucleaire S.A.S. from Vallourec S.A. (ENXTPA:VK).Framatome acquired Valinox Nucleaire S.A.S. from Vallourec S.A. (ENXTPA:VK) on June 1, 2021. Valinox becomes a subsidiary of Framatome and retains its brand name. All required regulatory approvals and authorizations have been obtained and employee representative bodies have been consulted, making this transaction possible. Alexandre de Verdun of Jones day acted as legal advisor to Framatome. Framatome completed the acquisition of Valinox Nucleaire S.A.S. from Vallourec S.A. (ENXTPA:VK) on June 1, 2021.
Reported Earnings • May 24First quarter 2021 earnings released: €8.20 loss per share (vs €8.00 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: €702.0m (down 18% from 1Q 2020). Net loss: €93.0m (loss widened 26% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 20+ 1 more updateVallourec S.A., Annual General Meeting, Apr 20, 2021Vallourec S.A., Annual General Meeting, Apr 20, 2021.
Is New 90 Day High Low • Feb 20New 90-day high: €31.57The company is up 52% from its price of €20.79 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.064 per share.
Reported Earnings • Feb 20Full year 2020 earnings released: €105 loss per share (vs €29.51 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €3.24b (down 22% from FY 2019). Net loss: €1.21b (loss widened 257% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 4.6% compared to a 5.4% decline forecast for the Energy Services industry in Germany.
お知らせ • Feb 04+ 1 more updateVallourec S.A. (ENXTPA:VK) agreed to acquire an additional 15% stake in Vallourec Soluções Tubulares do Brasil S.A. from Nippon Steel Corporation (TSE:5401).Vallourec S.A. (ENXTPA:VK) agreed to acquire an additional 15% stake in Vallourec Soluções Tubulares do Brasil S.A. from Nippon Steel Corporation (TSE:5401) on February 3, 2021. Nippon Steel has exercised a put option pursuant to the joint venture agreement of VSB to sell all of the 15% shares in VSB owned by Nippon Steel group to Vallourec. The subsequent termination of the joint venture will result in the termination of the supply agreement between Nippon Steel and VSB for a volume of 300,000 tons of pipes manufactured at the Jeceaba site in Brazil, which will gradually decrease until mid-2022. In a related transaction, Nippon Steel has decided to subscribe to the new shares to be issued by Vallourec S.A. through the Rights Issue for an amount of €35 million. The transfer of shares is scheduled to be completed by the end of March 2021.
Is New 90 Day High Low • Jan 07New 90-day high: €31.36The company is up 87% from its price of €16.79 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 40% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.16 per share.
Is New 90 Day High Low • Dec 18New 90-day high: €30.67The company is up 55% from its price of €19.84 on 18 September 2020. The German market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.11 per share.
Is New 90 Day High Low • Nov 25New 90-day high: €29.54The company is up 12% from its price of €26.34 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.095 per share.
Reported Earnings • Nov 20Third quarter 2020 earnings released: €6.00 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: €716.0m (down 33% from 3Q 2019). Net loss: €69.0m (loss widened 15% from 3Q 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Nov 20Revenue misses expectationsRevenue missed analyst estimates by 8.9%. Over the next year, revenue is forecast to stay flat compared to a 9.3% decline forecast for the Energy Services industry in Germany.
Is New 90 Day High Low • Oct 21New 90-day low: €13.97The company is down 56% from its price of €31.72 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.031 per share.
Is New 90 Day High Low • Oct 02New 90-day low: €15.11The company is down 56% from its price of €34.70 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.029 per share.
お知らせ • Jul 31Vallourec S.A. to Report Q3, 2020 Results on Nov 18, 2020Vallourec S.A. announced that they will report Q3, 2020 results at 4:46 PM, GMT Standard Time on Nov 18, 2020
お知らせ • Jul 24Vallourec S.A. to Report First Half, 2020 Results on Jul 29, 2020Vallourec S.A. announced that they will report first half, 2020 results on Jul 29, 2020