Tubos Reunidos earns 43.5 million in 2022 after registering losses of 64.7 million in 2021
This is the group’s best result since 2008. In this way, the recovery of the company and compliance with the Strategic Plan are confirmed.
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Euskaraz irakurri
Euskaraz irakurri: Tubos Reunidosek 43.5 milioi irabazi ditu 2022an, 2021ean 64.7 milioiko galerak izan ondotik
The company reunited tubes has closed the financial year of 2022 with a net profit of 43.5 million euroscompared to losses of 64.7 million in 2021, which means the best result of the group since 2008. In this way, the recovery of the company and compliance with the Strategic Plan are confirmed.
Your president, Francisco Irazustahas analyzed that “this positive net result of 43.5 million is a very important milestone” for the company, and that this “allows us to face the investments foreseen in the strategic plan, as well as all the commitments with creditors”.
The manager explained that the 2022 financial year has been characterized by the volatility and variability of demands and costs, and “I believe that 2023 will follow the same line, with a differential data: we started 2023 with an order book of 303 million euros, 71% higher than at the beginning of last year, which allows us to be moderately optimistic”.
He EBITDA of the Group has amounted to 64 million euros, increasing by 115 million that obtained in 2021. The Group has generated a net cash flow of 18 million euros, closing the year with 95 million euros in cash and reducing its net debt.
Portfolio of 303 million
With the data for 2022, Tubos Reunidos currently has an order book worth 303 million euros, 71% higher than at the beginning of last year, which marks a record level.
Source: Eitb

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