Feb 27 (Reuters) - French metallurgical group Vallourec (VLLP.PA) , opens new tab reported a 23.6% drop in its fourth quarter core profit on Thursday, citing lower average selling prices in its North American tubes business.

Vallourec, which makes tubing for oil and gas, low-carbon energy and industrial markets, said its operating earnings before interest, taxes, depreciation and amortization (EBITDA) fell to 214 million euros ($224 million) in the final quarter of 2024.

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https://www.reuters.com/markets/commodities/vallourecs-core-profit-drops-lower-tube-prices-north-america-2025-02-27/