Company Profile
Tenaris S.A. is the world's No. 1 producer of steel pipes used in the oil and gas industries. Net sales break down by activity as follows:
- production of pipes (95.4%): unwelded steel pipes (3,189 KT sold in 2023 and welded steel pipes (953 KT sold) primarily for drilling activities. The group also offers accessory products (tubing products, surface coatings, etc.) as well as installation, assembly, logistical support, etc.;
- other (4.6%): primarily manufacturing of ducts for the transportation of oil and gas fluids.
Net sales are distributed geographically as follows: Europe (7.4%), North America (53.4%), South America (21.6%) and Asia Pacific/Middle East/Africa (17.6%).
- production of pipes (95.4%): unwelded steel pipes (3,189 KT sold in 2023 and welded steel pipes (953 KT sold) primarily for drilling activities. The group also offers accessory products (tubing products, surface coatings, etc.) as well as installation, assembly, logistical support, etc.;
- other (4.6%): primarily manufacturing of ducts for the transportation of oil and gas fluids.
Net sales are distributed geographically as follows: Europe (7.4%), North America (53.4%), South America (21.6%) and Asia Pacific/Middle East/Africa (17.6%).
Source: Cofisem - Last Update: 2025-02-20
Key Executives
| Chairman and Chief Executive Officer | |
| Chief Financial Officer | |
| Chief Industrial Officer | |
| Chief Operating Officer | |
| Chief Technology Officer | |
| Head of Investor Relations | |
| Chief Human Resources Officer |
Source: Cofisem - Last Update: 2025-02-20
Key Figures
| Millenium | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Net sales | 12,523,934 | 14,868,860 | 11,762,526 | 6,521,207 | 5,146,734 |
| Income from ordinary activities | 12,523,934 | 14,868,860 | 11,762,526 | 6,521,207 | 5,146,734 |
| Operating income | 2,418,849 | 4,316,408 | 2,963,275 | 707,509 | -663,071 |
| Cost of financial indebtedness net | -181,107 | -201,852 | -86,112 | -38,048 | 5,389 |
| Equity-accounted companies contribution to income | 8,548 | 95,404 | 208,702 | 512,591 | 108,799 |
| Net profit from discontinued activities | |||||
| Net income | 2,076,773 | 3,957,833 | 2,548,701 | 1,053,318 | -642,417 |
| Net income (Group share) | 2,036,445 | 3,918,065 | 2,553,280 | 1,100,191 | -634,418 |
| Fiscal year end | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | USD - thousands | USD - thousands | USD - thousands | USD - thousands | USD - thousands |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2025-02-20
Shareholder information
| San Faustin | |
| Free float | |
| Group-owned stock | |
| Managers and Directors |
Source: Cofisem - Last Update: 2025-02-20
Address
Tenaris S.A.
4th Floor 26 Boulevard Royal
LU-2449 Luxemburg
Luxembourg
Phone number: +352 26 47 89 78
Fax: +352 26 47 89 79
https://www.tenaris.com/
Source: Cofisem - Last Update: 2025-02-20
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