Tenaris SA (MIL:TEN)
€ 17.55 0.315 (1.83%) Market Cap: 19.46 Bil Enterprise Value: 16.79 Bil PE Ratio: 8.34 PB Ratio: 1.26 GF Score: 83/100

Q3 2023 Tenaris SA Earnings Call Transcript

Nov 02, 2023 / 12:00PM GMT
Release Date Price: €16.36 (+8.27%)
Operator

Good day, and thank you for standing by. Welcome to the Third Quarter 2023 Tenaris S.A. Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to turn the call over to the Head of Investor Relations, Mr. Giovanni Sardagna.

Giovanni Sardagna
Tenaris S.A. - IR Director

Thank you, Carmen, and welcome to Tenaris 2023 Third Quarter Conference Call. Before we start, I would like to remind you that we will be discussing forward-looking information in the call and that our actual results may vary from those expressed or implied during this call. With me on the call today are Paolo Rocca, our Chairman and CEO; Alicia Mondolo, our Chief Financial Officer; Gabriel Podskubka, our Chief Operating Officer; and Luca Zanotti, President of our U.S. Operations.

Before passing over the call to Paolo for his opening remarks, I would like to briefly comment our quarterly results. Our sales in the third quarter of 2023 reached $3.2 billion, up 9% compared to those of the corresponding

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