Vallourec: -307 million euros loss in H1 2018
(CercleFinance.com) - Consolidated revenue is reported as 1,844 million euros in the first half of 2018, up 7.
5% compared to the first half of 2017.
“Revenue [is] driven by a positive volume impact of +7.3%, a price/mix effect of +10.3% essentially in the US, partly offset by a negative currency impact of -10.1%” specifies the Group.
Operating income comes to a loss of 205 million euros, compared to a loss of 189 million euros in the first half of 2017. Group share of net income comes to a loss of 307 million euros in the first half of 2018 compared to a loss of 254 million euros in the 1st half of 2017.
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5% compared to the first half of 2017.
“Revenue [is] driven by a positive volume impact of +7.3%, a price/mix effect of +10.3% essentially in the US, partly offset by a negative currency impact of -10.1%” specifies the Group.
Operating income comes to a loss of 205 million euros, compared to a loss of 189 million euros in the first half of 2017. Group share of net income comes to a loss of 307 million euros in the first half of 2018 compared to a loss of 254 million euros in the 1st half of 2017.
Copyright (c) 2018 CercleFinance.com. All rights reserved.