TUBACEX Acquires the italian company, IBF
- It has taken over 65% of its share capital with a call option for the remaining 35%. - IBF has industrial plants in the north of Italy and a joint venture in China. - TUBACEX takes a step further in its strategic goal of becoming a global tubular solutions provider....
TUBACEX increases profit before tax by 39,8% in the first half
- The EBITDA on sales for the second quarter stands at 13.5%, the highest in the last five years -TUBACEX anticipates the fulfillment of the Strategic Plan objectives by one year EBITDA up 11.6%, reaching 34.9 million Euros TUBACEX, the second global manufacturer of...
TUBACEX enters into a letter of intent for the acquisition of the italian company, IBF
TUBACEX, the world's second manufacturer of seamless stainless steel tubes, has notified the Spanish Securities Exchange Commission (CNMV) today that it has entered into a letter of intent for the acquisition of the Italian company, IBF SpA, with the aim of signing...
TUBACEX will pay a supplementary dividend of 0.0231 euros per share on 1 July
The total dividend amounts to 0.0463 Euros per share TUBACEX, the second largest worldwide producer of seamless stainless steel tubes will pay its shareholders by next 1 July a supplementary dividend of 0.0231 gross Euros per share out of 2013 profit. Last November...
Shareholders’ Annual General Meeting 2013
The company approves a supplementary dividend of €0.0231 gross per share, payable in July. This payment, in addition to the dividend paid in November, implies a pay-out of 40%. TUBACEX has invested almost 40 million Euros in 2013. The AGM ratifies the appointment of...
TUBACEX increases profit before tax by 45.1% in the first quarter
EBITDA up 15.1%, reaching 16.54 million Euros EBITDA on sales stands at 11.8%, above the expected strategic target for the entire year TUBACEX, the second global manufacturer of seamless stainless steel tubes, obtained a profit before tax of 7.62 million Euros in the...
2013 Results Release
TUBACEX REGISTERED NET PROFIT OF 15 MILLION EUROS IN 2013 TUBACEX, the second global manufacturer of seamless stainless steel tubes, obtained consolidated net profits of 15.01 million Euros during 2013, representing an increase of 26.6% with respect to the figures of...
TUBACEX increases profits by 26.5% between January and September
TUBACEX, the second global manufacturer of seamless stainless steel tubes, obtained consolidated net profits of 11.85 million Euros between January and September 2013, representing an increase of 26.5% with respect to the same period in 2012, according to the...
TUBACEX increase its EBITDA by 19.9% in the first half of 2013
TUBACEX, the second global manufacturer of seamless stainless steel tubes, obtained consolidated net profits of 10.69 million Euros between January and June 2013, representing an increase of 74.7% with respect to the same period in 2012, according to the information...
TUBACEX will pay a supplementary dividend of 0.0043 euros per share on 1 July
Last April, the company already paid an interim dividend of 0.0231 Euros per share TUBACEX, the second largest worldwide producer of seamless stainless steel tubes, will pay its shareholders by next 1 July a supplementary dividend of 0.0043 gross Euros per share out...