Van Leeuwen Pipe and Tube Group

Olympic Steel Reports Third-Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.

Key Points: 
  • Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.
  • EBITDA for the third quarter of 2023 was $27.1 million, compared with $23.8 million in the third quarter of 2022.
  • Third-quarter 2023 results include $2.0 million of LIFO pretax income and $4.0 million of pretax income from the Employee Retention Credit (under the CARES Act), compared with $1.5 million of LIFO pretax expense in the same period a year ago.
  • “Olympic Steel’s performance in a challenging third-quarter market demonstrates the benefits of our actions to deliver more consistent results in all environments,” said Richard T. Marabito, Chief Executive Officer.

Record figures Van Leeuwen Pipe and Tube Group in 2022

Retrieved on: 
Wednesday, April 12, 2023

ZWIJNDRECHT, Netherlands, April 12, 2023 /PRNewswire/ -- The Van Leeuwen Pipe and Tube Group ended 2022 with record sales and net profit figures.

Key Points: 
  • ZWIJNDRECHT, Netherlands, April 12, 2023 /PRNewswire/ -- The Van Leeuwen Pipe and Tube Group ended 2022 with record sales and net profit figures.
  • The total sales of the Van Leeuwen Pipe and Tube Group amounted to € 1,672 million in 2022 (2021: € 1,431 million).
  • The very healthy financial position enables the Van Leeuwen Pipe and Tube Group to maintain the levels of its global stocks, which have doubled in value due to the high prices.
  • The Van Leeuwen Pipe and Tube Group is an international distribution company specializing in steel pipes, and pipe and tube applications.

Record figures Van Leeuwen Pipe and Tube Group in 2022

Retrieved on: 
Wednesday, April 12, 2023

ZWIJNDRECHT, Netherlands, April 12, 2023 /PRNewswire/ -- The Van Leeuwen Pipe and Tube Group ended 2022 with record sales and net profit figures.

Key Points: 
  • ZWIJNDRECHT, Netherlands, April 12, 2023 /PRNewswire/ -- The Van Leeuwen Pipe and Tube Group ended 2022 with record sales and net profit figures.
  • The total sales of the Van Leeuwen Pipe and Tube Group amounted to € 1,672 million in 2022 (2021: € 1,431 million).
  • The very healthy financial position enables the Van Leeuwen Pipe and Tube Group to maintain the levels of its global stocks, which have doubled in value due to the high prices.
  • The Van Leeuwen Pipe and Tube Group is an international distribution company specializing in steel pipes, and pipe and tube applications.

Van Leeuwen Pipe and Tube Group achieves positive result in 2020

Retrieved on: 
Wednesday, April 14, 2021

b'ZWIJNDRECHT, Netherlands, April 14, 2021 /PRNewswire/ --The Van Leeuwen Pipe and Tube Group achieved a positive result in 2020, despite the extraordinary circumstances.

Key Points: 
  • b'ZWIJNDRECHT, Netherlands, April 14, 2021 /PRNewswire/ --The Van Leeuwen Pipe and Tube Group achieved a positive result in 2020, despite the extraordinary circumstances.
  • Solvency has improved significantly from 30.8% in 2019 to 36.8% in 2020.\nIn 2020, Van Leeuwen took important steps in the integration of Benteler Distribution.
  • Where possible, the acquired companies were merged with Van Leeuwen companies and presently they all operate under the Van Leeuwen flag.\nDuring the first half of 2020, the activity level in the energy segment was high.
  • "\nThe Van Leeuwen Pipe and Tube Group is an international distribution company specializing in steel pipes, and pipe and tube applications.

Van Leeuwen Pipe and Tube Group achieves positive result in 2020

Retrieved on: 
Wednesday, April 14, 2021

b'ZWIJNDRECHT, Netherlands, April 14, 2021 /PRNewswire/ --The Van Leeuwen Pipe and Tube Group achieved a positive result in 2020, despite the extraordinary circumstances.

Key Points: 
  • b'ZWIJNDRECHT, Netherlands, April 14, 2021 /PRNewswire/ --The Van Leeuwen Pipe and Tube Group achieved a positive result in 2020, despite the extraordinary circumstances.
  • Solvency has improved significantly from 30.8% in 2019 to 36.8% in 2020.\nIn 2020, Van Leeuwen took important steps in the integration of Benteler Distribution.
  • Where possible, the acquired companies were merged with Van Leeuwen companies and presently they all operate under the Van Leeuwen flag.\nDuring the first half of 2020, the activity level in the energy segment was high.
  • "\nThe Van Leeuwen Pipe and Tube Group is an international distribution company specializing in steel pipes, and pipe and tube applications.