Q325: no “new news”. Waiting for a stronger momentum

30/10/25 -"Tenaris reported expected results, maintaining high margins and strong cash generation, even in a challenging oil price environment. However, Q4 is anticipated to be somwewhat cooler, margin-wise. ..."

Executive summary
Conflict of interest

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English

Published on

30/10/25

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EXECUTIVE SUMMARY

Updates

Pension Risks

Target & Opinion

Governance & Management

Business & Trends

Graphics : Momentum

Money Making

Graphics : MACD & Volumes

Debt

Graphics : Sensitivities

Valuation

Sector: Performance

DCF

Sector: Key data

NAV/SOTP

Sector: Ratios & Valorisation

Worth knowing

Sector: Peers

Financials

Sector: Analysis

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