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FX Daily Updates
Vallourec reports a drop in operating profit in the Q3
georgemiller
Publish Date: Fri, 15 Nov 2024, 06:34 AM

Nov 15 (Reuters) - French metallurgical company Vallourec (VLLP.PA) , opens new tab reported a drop in its third-quarter operating profit on Friday, hurt by an expected weakness in demand from the U.S. oil and gas industry.
Group EBITDA came in at 168 million euros ($177 million) in the third quarter, compared with 222 million euros a year earlier.
Vallourec confirmed its guidance for 2024.
($1 = 0.9489 euros)
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https://www.reuters.com/markets/commodities/vallourec-reports-drop-operating-profit-q3-2024-11-15/