Tenaris closes 2023 with profit of around $4 billion - Breaking news. Tenaris achieves a record-breaking 2023 thanks to growth in turnover, gross operating margin and net profit.
During the year, revenues reached 14.9 billion dollars (13.7 billion euros), up 26% compared to 2022. The company expects to pay a dividend of $0.60 per share, for a total amount of approximately $700 million. The second $300 million tranche of the previously announced $1.2 billion share repurchase program is expected to begin on May 20.