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Annual shareholders’ meeting

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Annual Shareholders Meeting 2020
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Annual Shareholders Meeting 2011

WORLDWIDE

PRESENCE

TUBACEX presents its results in a market context dominated by COVID-19

2019 has marked a turning point for recovery as TUBACEX order intake demonstrates. Although far from pre-crisis levels it has experienced an increase of 30% in relation to the previous year. This gradual and general market recovery is also enabling operating leverage ratios to be maintained for all business units and therefore, achieving double-digit consolidated margins.

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TUBACEX announces consolidated results and ends 2019 with an EBITDA of €67.1 million

2019 has marked a turning point for recovery as TUBACEX order intake demonstrates. Although far from pre-crisis levels it has experienced an increase of 30% in relation to the previous year. This gradual and general market recovery is also enabling operating leverage ratios to be maintained for all business units and therefore, achieving double-digit consolidated margins.

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