Vallourec SA 2023 IR
The report highlights Vallourec's successful execution of its 'New Vallourec' plan in 2023, resulting in its strongest profitability and cash generation in nearly 15 years, with EBITDA rising to €1,196 million and net debt halved to €570 million. The company achieved its 2025 carbon reduction targets two years ahead of schedule and set a new ambition to reduce its CO2 footprint by 35% by 2035 compared to 2021. Additionally, Vallourec launched its vertical hydrogen storage solution, Delphy, and expanded its New Energies business with an 80% increase in volumes. The company also returned its Pau Branco iron ore mine to higher production levels after obtaining necessary permits.
Company: Vallourec SA
Sector: Manufacturing
Country: France
Year: 2023
Type: IR
Pages: 378
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Vallourec SA
Universal Registration Document
The report highlights Vallourec's successful execution of its 'New Vallourec' plan in 2023, resulting in its strongest profitability and cash generation in nearly 15 years, with EBITDA rising to €1,196 million and net debt halved to €570 million. The company achieved its 2025 carbon reduction targets two years ahead of schedule and set a new ambition to reduce its CO2 footprint by 35% by 2035 compared to 2021. Additionally, Vallourec launched its vertical hydrogen storage solution, Delphy, and expanded its New Energies business with an 80% increase in volumes. The company also returned its Pau Branco iron ore mine to higher production levels after obtaining necessary permits.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees