Tubacex reports resilient first half of 2026
The company maintained double-digit EBITDA margin, improved activity in subsea, nuclear, aerospace and defence, and backlog reached €1.148 billion.
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Advanced materials and industrial solutions manufacturer
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In short: Tubacex navigated a complex period marked by Middle East geopolitical disruptions while securing major nuclear and subsea energy contracts.
The company maintained double-digit EBITDA margin, improved activity in subsea, nuclear, aerospace and defence, and backlog reached €1.148 billion.
The large forged assembly from high-nickel alloy will be installed in a safety-critical area of the reactor cooling system at Darlington, Ontario.
The orders are for subsea projects in Angola, Guyana, and the North Sea to a leading operator.
The agreement covers Tubacex Tubos Inoxidables and Aceralava plants and was signed with majority unions.
Despite geopolitical disruptions and reduced sales, Tubacex SA (STU:TCX) maintains a strong order book and liquidity position, showcasing its strategic resilience.
The drop in orders, tariffs and logistical disruptions in Abu Dhabi weigh on the company's accounts...
MADRID, 23 (EUROPA PRESS) The Board of Directors of Tubacex S.A. has agreed to appoint Ignacio Mataix Entero as non-executive chairman of the...
Tubacex continues with its diversification from oil and gas operations, the traditional customers of the steelmaker's seamless tubes...
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