Tubacex, S.A. Announces Earnings Results for the Full Year of 2019
February 27, 2020
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Tubacex, S.A. announced earnings results for the full year of 2019. For the year, the company reported sales of EUR 613.5 million against EUR 622.1 million a year ago. EBIT was EUR 22.8 million against EUR 34.4 million a year ago. Net profit was EUR 11.1 million against EUR 17.4 million a year ago.
Tubacex SA is a Spain-based company primarily engaged, through its subsidiaries, in the steel industry. The Company's main activity is the manufacture, distribution and sale of seamless stainless steel tubes and pipes. The Companyâs product portfolio also includes hollow bars, steel and fittings. It has operations established in Europe, the Americas and Asia.The Company is a parent of Grupo Tubacex, a group, which comprises a number of controlled entities, including Aceria de Alava SA, Tubacex Tubos Inoxidables SA, Schoeller-Bleckmann Edelstahlrohr Inmobilien AG, Salem Tube Inc, Tubacex Taylor Accesorios SA and Metaux Inox Services SAS, among others.
TUBACEX, S.A. 
