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Italian Tenaris Dalmine’s 2011 sales revenue soars by 23%
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It’s reported that Tenaris Dalmine, the seamless steel pipe operations of Tenaris in Italy posted its financial report for 2011.
In 2011, the company realized sales revenue of €1.17 billion, surging by 23% year on year. At the same time, its EBITDA totaled €189 million with margin of 16.3%.
For 2012, the company forecasted that its activity would show no difference from the previous year and it planned to produce 650,000 tons of seamless steel pipes and ship around 700,000 tons, said by Luca Zanotti, the CEO of Tenaris Dalmine.
News Date
5/30/2012 8:30:35 AM
reported by
Ina Chao
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