The positive result confirms the company’s recovery trend. The net amount of group sales increased by 111% compared to the same period last year.
Euskaraz irakurri: Reunited Tubes
the group of Assembled Tubes achieved a positive net result for the first time since 2014, after reach 1.9 million in the first half of 2022.
That result confirms the recovery trend of the company, after an improvement of €47.3 million compared to the previous year’s €45.3 million in losses.
The positive data is due to: strong increase in activity in the year 2022 and the transfer of costs rises to the selling price. In addition, pipe sales in the first six months of fiscal year 2022 amounted to 228.8 million euros, 113% higher than in the same period of the previous year.
Thanks to these benefits, the net amount of group sales increased by 111% compared to the same period last year.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
