Vallourec rises on expected 'strong positive' impact from Petrobras order

Vallourec SA

12/09/2025 10:42

** Shares in Vallourec VLLP.PA rise as much as 6% after the French steel tubes maker announced a three-year supply contract with Petrobras PETR3.SA

** The order could generate revenues of up to $1 billion, it said

** Kepler Chevreux says the order is expected to have a "strong positive" impact for the group from H2 2026, generating around $200 mln of annual revenues with an EBITDA margin of at least 25%

** The brokers adds the contract is likely with better pricing than the company's previous long-term deal with Petrobras from 2022

** Stock up around 3% at 0856 GMT

 (Reporting by Alban Kacher)

 ((Alban.kacher@thomsonreuters.com; +48 58 769 65 87))