Molto the first quarter of 2012 was positive for Tenaris, which closed with revenues, margins and profit on the rise. In the press release released by the company, in fact, we see how revenues increased 13% to $2,617 billioni, while operating income increased 32% to $566,2 million. With regard to the net profit, however, the growth compared to the same period of the previous year was by 40% to $453,4 million.
Cautiously the outlook for the continuation of the year is also positive, for which Tenaris expects operating margins close to current levels, considering the continued growth in global energy demand and rising average selling prices.
