Vallourec Q1 EBITDA Beats Consensus, Stock +6%

Vallourec reported Q1 EBITDA of $220 million (€187 million), topping the €178 million consensus estimate.
Revenue fell to €833 million, below the €888 million consensus, while net income was €74 million versus €81 million expected.
Shares jumped ~6% after results, and the company reaffirmed a €650 million 2026 shareholder return plan, repurchasing €91 million in Q1.
The firm forecast Q2 2026 EBITDA of $175‑$205 million, citing prolonged Middle East disruption and order/shipping delays.