)
Visual24 Oct 2025
The rise of Alphabet
Vallourec (VK) investor relations material
Vallourec Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary25 Jul, 2025
Executive summary
Q2 2025 EBITDA reached €187 million with a 22% margin, slightly above guidance midpoint, despite lower shipments and a 10% sequential decline.
€370 million was returned to shareholders via dividends and share buybacks in Q2, reducing net debt to €201 million.
Strategic initiatives in Brazil, including cost reduction programs, were completed ahead of schedule and exceeded savings targets.
Major contracts secured in the Middle East, Algeria, Brazil, and Kuwait, with the acquisition of Thermotite do Brasil enhancing deepwater line pipe offerings.
Eleven consecutive quarters of positive cash generation achieved, with a return to dividends and share buybacks.
Financial highlights
Q2 2025 revenues were €863 million, down 20% year-over-year, mainly due to lower Tubes volumes and prices.
Q2 2025 EBITDA was €187 million (21.7% margin), down from €215 million a year earlier, but margin improved year-over-year.
Q2 2025 net income, group share, was €40 million, compared to €111 million in Q2 2024.
Adjusted free cash flow in Q2 2025 was €88 million; liquidity at June 30, 2025 was €1.5 billion, including €809 million in cash.
Net debt stood at €201 million at quarter-end, improved from €364 million a year earlier.
Outlook and guidance
Q3 2025 EBITDA expected between €195 million and €225 million; full-year EBITDA to improve in H2 2025 versus H1 2025.
Tubes volumes in Q3 to be similar to Q2, with EBITDA per tonne expected to increase sequentially.
International Tubes volumes and EBITDA per tonne anticipated to rise in H2 2025, supported by earlier bookings and pricing improvements.
Mine & Forest profitability in H2 will depend on prevailing iron ore prices, with production sold expected at 6 million tonnes for the year.
No change in risk outlook for 2025; macro and geopolitical risks persist, especially from US trade policy and global conflicts.
Explain US market pricing support from tariffs.
Assess Brazil Performance Program savings.
How will gas drilling impact Vallourec?
Quantify Brazil program's full EBITDA impact.
U.S. tariff impact on pricing: timing and extent?
What drives H2 EBITDA improvement given Q3 volumes?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Vallourec earnings date
Q3 202514 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Vallourec S.A. is a global provider of tubular solutions primarily serving the energy industry. The company specializes in the design, manufacture, and supply of seamless steel pipes used in oil and gas exploration, power generation, and industrial applications. In addition to energy, Vallourec's products cater to other sectors such as construction, mechanical engineering, and automotive industries. The company's expertise covers high-performance materials and solutions tailored for extreme operating conditions, including deepwater oil extraction and high-pressure environments. Vallourec also offers services related to the maintenance, inspection, and logistics of its products. The company is headquartered in Meudon, France, and its shares are listed on the Euronext Paris.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage