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Tubos Reunidos reduces its losses by 22% to 10.4 million in the first quarter

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Tubos Reunidos lost 10.4 million euros in the first quarter of the year due to the impact of Covid-19. These red numbers, however, are lower than those registered in the same period of 2019, of -13.3 million euros.

The net amount of the company's turnover grew 11%, to 77.1 million euros, while EBITDA stood at 0.7 million compared to the negative figure of -4.8 million in the same period of 2019.

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