Tenaris closed the first quarter of 2014 with net income of $428 million, up 1,4% on the 422,7 million recorded in the same period of 2013.
I revenues net net equity of the seamless steel pipe manufacturing group instead showed a slight decline, settling at 2,58 billion, from 2,67 billion in the first quarter of last year.
After the communication of these numbers, Tenaris' share on the Stock Exchange gains one and a half percentage points, to 16,38 euros, achieving one of the best increases in the Ftse Mib.
For the whole of 2014, the group expects "results overall in line" with 2013.
