Vallourec: Fourth Quarter and Full Year 2022 Results
In the Fourth Quarter of 2022, Vallourec recorded revenues of €1,541 million, up 45% year-on-year and by 31.5% at constant exchange rates.
- In the Fourth Quarter of 2022, Vallourec recorded revenues of €1,541 million, up 45% year-on-year and by 31.5% at constant exchange rates.
- The increase in Group revenues reflects:
In the Fourth Quarter of 2022, EBITDA amounted to €312 million compared with €136 million in Q4 2021; the EBITDA margin reached 20.2% of revenues versus 12.8% in Q4 2021. - As of December 31, 2022, net debt stood at €1,130 million, compared with €1,493 million on September 30, 2022.
- Volumes sold in 2022 amounted to 4.0 million tonnes, slightly ahead of estimates given at the Q3 2022 results release.