25
Feb
11:07
Vallourec Brazil's performance slows in fourth quarter
Tubemaker Vallourec saw its fourth-quarter performance in Brazil decelerate. Full-year results, however, were strong and confirmed that the country played the most important role in Vallourec’s global revenue, with a 31.3% contribution, Kallanish learns from its latest earnings report.
“After a very positive 2021, sales in Brazil are expected to decrease slightly due to distributor stock normalisation and election uncertainti…
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