{"id":3254,"date":"2025-02-27T13:15:10","date_gmt":"2025-02-27T13:15:10","guid":{"rendered":"https:\/\/brazil.vallourec.com\/?post_type=news&p=3254"},"modified":"2025-03-28T17:12:52","modified_gmt":"2025-03-28T17:12:52","slug":"fourth-quarter-2024-results","status":"publish","type":"news","link":"https:\/\/brazil.vallourec.com\/en\/news\/fourth-quarter-2024-results\/","title":{"rendered":"Fourth Quarter 2024 Results"},"content":{"rendered":"\t\t
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\u00a0<\/p>

On February 27th, Vallourec announced its results for the fourth quarter 2024. The Board of Directors of Vallourec SA, meeting on February 26th 2025, approved the Group’s fourth quarter 2024 Consolidated Financial Statements.<\/p>


HIGHLIGHTS<\/strong>
Fourth Quarter 2024 Results<\/strong>
\u2022 Group EBITDA of \u20ac214 million, up 27% sequentially; EBITDA margin remained strong at 20%
\u00a0 \u00a0 \u00a0– Tubes EBITDA per tonne of \u20ac511 down (8%) sequentially due to lower realized US prices, partly offset by robust international results and cost savings
\u00a0 \u00a0 \u00a0– Mine & Forest EBITDA of \u20ac40 million up 82% sequentially due to higher realized prices, reduced costs and non-cash forest revaluation effects
\u2022 Adjusted free cash flow of \u20ac178 million; total cash generation of \u20ac253 million
\u2022 Net cash position of \u20ac21 million, improving \u20ac261 million sequentially<\/p>


First Quarter 2025 Group EBITDA is expected to range between \u20ac180 million and \u20ac215 million:<\/strong>
\u2022 In Tubes, sequentially higher EBITDA per tonne will be more than offset by lower international shipments.
\u2022 In Mine & Forest, production sold is expected to be around 1.3 million tonnes. Profitability will be determined by prevailing iron ore market prices.<\/p>


Full Year 2025 Group EBITDA is expected to reflect a second half improvement:<\/strong>
\u2022 In Tubes, international shipments are expected to increase in H2 2025 compared to H1 2025 due to strong bookings over recent months. EBITDA per tonne should further improve in H2 2025 compared to H1 2025 due to higher invoiced international prices, expected US market price improvements, and cost savings.
\u2022 In Mine & Forest, production sold is expected to be around 6 million tonnes. Profitability will be determined by prevailing iron ore market prices.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":2031,"template":"","meta":{"_acf_changed":false},"categories":[68],"tags":[],"class_list":["post-3254","news","type-news","status-publish","has-post-thumbnail","hentry","category-group-en"],"acf":[],"yoast_head":"Fourth Quarter 2024 Results - Brazil<\/title>\n<meta name=\"description\" content=\"On February 27th, Vallourec announcedits results for the fourth quarter 2024.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brazil.vallourec.com\/en\/news\/fourth-quarter-2024-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fourth Quarter 2024 Results - 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