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Tubacex ( (ES:TUB) ) just unveiled an update.
Tubacex announced a significant increase in shareholder remuneration to 25 million euros, a 72% rise from the previous year, reflecting strong cash generation and a strategic focus on reducing debt. The company achieved key milestones in 2024, including a major contract with ADNOC and a partnership with Mubadala, positioning itself strongly in high-value markets despite global economic uncertainties.
The most recent analyst rating on (ES:TUB) stock is a Buy with a EUR4.70 price target. To see the full list of analyst forecasts on Tubacex stock, see the ES:TUB Stock Forecast page.
More about Tubacex
Grupo Tubacex is a global leader in advanced industrial solutions, primarily serving the energy and mobility sectors.
Average Trading Volume: 357,457
Technical Sentiment Signal: Strong Buy
Current Market Cap: €468.3M
Learn more about TUB stock on TipRanks’ Stock Analysis page.