Tubacex H1 Net Profit At 15.6 Mln Euros

July 24 (Reuters) - Tubacex SA TUBA.MC:

• H1 NET PROFIT 15.6 MILLION EUROS

• H1 SALES 361.4 MILLION EUROS AND EBITDA H1 61.0 MILLION EUROS

• MAINTAINS POSITIVE OUTLOOK FOR FULL YEAR

• REAFFIRMS ITS COMMITMENT TO OBJECTIVES OF NT2 2027 PLAN

• SIGNIFICANT DELEVERAGING EXPECTED IN SECOND HALF OF THE YEAR WITH START OF INVOICING FOR MAJOR ORDERS

• GLOBAL UNCERTAINTY CAUSED BY TARIFF WAR LED TO SLOWDOWN IN ORDER INTAKE THROUGHOUT ENTIRE HALF-YEAR, PARTICULARLY IN LOWER VALUE-ADDED PRODUCTS

• DIRECT IMPACT OF TARIFFS IS LIMITED DUE TO GROUP'S SIGNIFICANT INDUSTRIAL PRESENCE IN U.S.