
TUBACEX presents its new Board of Directors
The Shareholders' General Meeting has ratified the appointments of Antonio González-Adalid García-Zozaya as independent director; Isabel López Paños, as proprietary director; and approved the appointment of Iván Martén Uliarte and Jorge Sendagorta Gomendio as...
read moreTUBACEX sales increased by 28% in the first quarter 2018
Sales in the first quarter 2018 amounted to €168.5 million, representing a 28.3% increase in relation to the same period in 2017; while EBITDA stood at €15.8 million, 21.0% higher. Although the market has not yet achieved a consolidated recovery in terms of volumes or...
read moreTUBACEX closes 2017 in a record-breaking year for Premium order winning
This volume of high technological value orders will have an impact on the Group's books from the first quarter of 2018. “We are turning the corner of the worst crisis in history and look to the future with optimism and peace of mind in the knowledge that we have done...
read moreTUBACEX secures a profit of 1.1 million in spite of the unprecedented crisis in the sector
The Oil&Gas sector is facing continued reductions in investments, with falls in volumes and prices. In this context, TUBACEX sales figures for the first nine months of the year have risen to €370.5 million, an increase of 1.2% over the same period last year, and...
read moreTUBACEX obtains profit of 1.9 million euros in a still very weak market environment
The market in which TUBACEX products and services operate is at one of its lowest ever levels with delays in the award of projects. Raw materials are at historic low prices, with falls of 7.5% and the oil price stands at 15.7% below the close of 2016. In this context,...
read moreFundación ONCE and TUBACEX are working together to foster the employment of disabled people
The Executive Vice-President of Fundación ONCE, Alberto Durán and the President of TUBACEX, Álvaro Videgain, along with the CEO of TUBACEX, Jesús Esmorís, have signed an Inserta Agreement to foster the integration of disabled people in the Group's workforce. The...
read moreTUBACEX Group reaches a backlog of 700 million for Premium Products
TUBACEX beats Premium backlog record. The company is offering high value-added products, has diversified the sectors of demand and has strengthened its sales network in areas of maximum growth worldwide. The backlog has been boosted by a project awarded by the...
read moreTUBACEX consolidates its position in the Premium segment which accounts for 70% of the Group’s sales
Despite an investment reduction in the exploration and production sector (one of the Group's main activity sectors) for the second year running and associated market uncertainty, TUBACEX has reaffirmed its commitment to Innovation and Diversification as growth levers....
read moreTUBACEX increases its operating profit (EBITDA), reaching a margin of 10%
In spite of the continued historically low price of raw materials, large volume projects are starting to be activated. The good positioning of TUBACEX in high value-added products and the commercial strengthening in growth areas has led to an EBITDA of €13 million in...
read moreTUBACEX closes 2016 with positive net income in the sector’s worst year in history
2016 has seen historically low prices in oil and raw materials TUBACEX sales in 2016 stood at 494 million Euros, 7.4% less than in 2015; while EBITDA reached 34.9 million Euros, 28.6% less than in the past financial year. TUBACEX was able to generate 13.6 million...
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