Vallourec is expecting a lower core profit in Q1 as steel tube volume weighs on the company

French steel tubes manufacturer Vallourec announced on Friday that it expected to make a lower profit in the first three months of 2026 compared to the previous quarter, due in part to the drop in volumes.

The group's?operating profits before interest, tax, depreciation, and amortisation? are expected to range between?165 and 195 million euros ($195 and $230 millions) in the first quarter of this year.

Vallourec stated that "in Tubes, EBITDA is expected to be roughly in line with the Q4 level of 2025, while volumes are expected to fall below this level."

It reported EBITDA at 214 million Euros?for the fourth quarter of 2025. This is in line with the company's guidance.

In a statement, the company said that lower tube?volumes and a currency exchange loss of 10 million euros affected?the?quarterly results.

(source: Reuters)