Brief: Tenaris Says Q1 NET SALES $2,922 Mln
30/04/2025 21:46
April 30 (Reuters) - Tenaris SA TENR.MI: TENARIS Q1 NET SALES USD 2,922 MILLION TENARIS Q1 OPERATING INCOME USD 550 MILLION TENARIS Q1 EBITDA USD 696 MILLION TENARIS Q1 NET INCOME USD 518 MILLION TENARIS - US OCTG REFERENCE PRICES HAVE CONTINUED TO INCREASE DUE TO TARIFFS, FURTHER INCREASES SHOULD OFFSET MUCH OF IMPACT OF TARIFFS AND HIGHER STEEL AND SCRAP PURCHASE COSTS ON OUR US OPERATIONS FOR Q2, SALES TO SHOW SMALL INCREASE AND REMAIN CLOSE TO LEVEL OF Q1;EBITDA MARGIN SHOULD BE IN LINE WITH Q1 Source text: [ID:] Further company coverage: TENR.MI ((Reuters.Briefs@thomsonreuters.com;;))