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Tubacex on the stock market

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Tubacex on the stock market

TUBACEX is a traditional security on the Spanish Stock Market making its debut at the beginning of the 70´s. On January 14th, 1970, TUBACEX solicited admission to the Stock Market and was accepted in February of the same year.

Tubacex is currently part of the IBEX SMALL CAP.

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PRESENCE

TUBACEX presents results marked by COVID-19 and a drop in demand

TUBACEX ended the financial year with sales of 479.6 million euros, 21.8% less than the previous year and with EBITDA OF 38.1 million euros. Accumulated losses reached 25.3 million euros and derive mainly from negative results at the Basque production plants. The severe structural crisis affecting...

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