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28 Feb
09:38

Tubos Reunidos increases 2018 losses despite higher sales

Spanish special seamless tube supplier Tubos Reunidos (TR) has reported a mixed performance in its 2018 annual results. Sales revenues and Ebitda were positive for the year but the company failed to increase shipments and thus increased its losses, Kallanish notes. “The company expects to maintain its positive sales levels in 2019 and to continue obtaining results from its financial recovery TR 360 plan, while reducing the negative…
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