|
|
| |
|
|
TMK announced FY 2018 European Division result—The 20th China(Guangzhou)Int’l Heat Treatment, Industrial Furnace Exhibition
3/22/2019 热处理展-工业炉展-heat treatment expo-furnace expo |
--------------------------------------------------------------------------------------------------------------- |
|
FY 2018 vs. FY 2017
1. The strong year-on-year performance at the European division was driven by higher seamless pipe sales, a favourable pricing environment and a notable improvement in the product mix towards higher value-added products due to the launch of the new heat treatment facility at TMK-ARTROM in early 2018.
4Q 2018 vs. 3Q 2018
1. Seamless pipe sales increased quarter-on-quarter, recovering to normalized levels after a seasonal slowdown of activities in the European market during 3Q 2018. However, the European division’s financial performance was impacted by a negative effect of currency translation.
热处理展-工业炉展-2019第二十届广州国际热处理、工业炉展览会-中国效果最好的热处理工业炉展--巨浪展览
—The 20th China(Guangzhou)Int’l Heat Treatment, Industrial Furnace Exhibition
-Heat Treatment exhibition, Heat Treatment expo, 2019 Heat Treatment exhibition, 2019 Heat Treatment expo, China Heat Treatment exhibition, China Heat Treatment expo, Industrial Furnace exhibition, Industrial Furnace expo, 2019 Industrial Furnace exhibition, 2019 Industrial Furnace expo, China Industrial Furnace exhibition, China Industrial Furnace expo
|
|
FY 2018
|
FY 2017
|
Change
|
4Q 2018
|
3Q 2018
|
Change
|
|
Total seamless pipe sales (thousand tonnes)
|
201
|
186
|
8.00%
|
52
|
48
|
9.00%
|
|
Revenue
|
308
|
242
|
27.00%
|
75
|
77
|
-2.00%
|
|
Gross profit
|
82
|
48
|
71.00%
|
21
|
23
|
-7.00%
|
|
Gross profit margin, %
|
27.00%
|
20.00%
|
|
28.00%
|
30.00%
|
|
|
Adjusted EBITDA
|
51
|
28
|
81.00%
|
12
|
13
|
-8.00%
|
|
Adjusted EBITDA margin, %
|
17.00%
|
12.00%
|
|
16.00%
|
17.00%
|
|
|
|
|
|
|
|
