Vallourec reported full-year 2025 revenues of EUR 3.8 bln (USD 4.4 bln), down 6pct YoY, mainly due to lower sales volume and adverse currency impact.
Full-year EBITDA totaled EUR 819 mln (USD 949 mln), slightly lower than EUR 832 mln in 2024. Net income declined to EUR 355 mln (USD 411 mln) from EUR 452 mln in the previous year.
Tube shipments reached 1.244 mln tons in 2025, down 4pct compared with 1.297 mln tons in 2024.
For Q1 2026, the company expects EBITDA in the range of EUR 165-195 mln (USD 191-226 mln), supported by stable pricing and disciplined cost management despite continued volume pressure in certain markets.
Commenting on the results, Philippe Guillemot, Chairman and CEO, said Vallourec delivered solid profitability in 2025 despite lower volumes and foreign exchange headwinds, reflecting the strength of its value-over-volume strategy and operational performance.
Headquartered in Meudon, France, Vallourec operates in more than 20 countries, with key production hubs in the US and Brazil. The company is a global leader in premium seamless tubular solutions for the oil and gas industry, with annual production capacity of 2.1 mln tons. Vallourec operates through two main segments: Tubes, which accounts for around 90pct of revenue, and Mine & Forest, which includes an iron ore mine and eucalyptus plantations in Brazil supplying charcoal as a renewable reducing agent for its blast furnace operations.
1 USD / 0.86 EUR
