There was no major surprise in the group’s presentation, which is no wonder in a CMD.
The group reiterated its FY23 guidance and gave slightly more detail to its longer-term targets.
We remain confident in the ability of the group to catch-up, at least partly, with peer Tenaris.
The current momentum is positive and new energy markets will help further in the near future.

12 Sep 2023
New management, new Vallourec and the resumption of Capital Markets Days

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New management, new Vallourec and the resumption of Capital Markets Days
- Published:
12 Sep 2023 -
Author:
Fabrice Farigoule -
Pages:
3 -
There was no major surprise in the group’s presentation, which is no wonder in a CMD.
The group reiterated its FY23 guidance and gave slightly more detail to its longer-term targets.
We remain confident in the ability of the group to catch-up, at least partly, with peer Tenaris.
The current momentum is positive and new energy markets will help further in the near future.