Q1 2026 Tenaris SA Earnings Call Transcript

May 07, 2026 / 12:00PM GMT
Release Date Price: MXN365
Operator

Good day and thank you for standing by. Welcome to the first-quarter Tenaris S.A. earnings conference call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to the Investor Relations Officer, Giovanni Sardagna. Please go ahead.

Giovanni Sardagna
Tenaris SA - President, United States

Thank you, Carmen, and welcome to Tenaris 2026 first-quarter conference call. Before we start, I would like to remind you that we will be discussing forward-looking information during the call and that our actual results may vary from those expressed or implied in this call. With me on the call today are Gabriel Podskubka, our newly appointed Chief Executive Officer; Carlos Gómez Ãlzaga, our Chief Financial Officer, and Guillermo Moreno, President of our US operations.

Before passing over the call to Gabriel for his opening remarks, I would like to briefly comment our quarterly results. Our first-quarter sales reached $3.1 billion, up 6% year over year and 4% sequentially, despite

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