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Tubacex has reduced its profits by 30% by 2025, to 15.9 million

Sales also fell 6.3%, to 719.3 million. Hala, the company has stressed that the event, in the year marked by the "global market weakness environment", has been maintained thanks to a strategy based on "integrated model, geographical diversification and presence in various sectors and niches of high added value, which has helped to" mitigate the impact of tariff uncertainty " .

Tubacex Ekonomia kaleratzeak lan erregulazioa
Tubacex.

The Tubacex Group closed 2025 with adjusted net profit of 15.9 million euros(30.5% less than in 2024) and sales of 719.3 million euros (-6.3%), in acontextof "general market weakness" with "volume impact" and "lower relative weight of lower-value-added products". 

The manufacturer of high-value-added tubes and industrial products based in Llodio (Álava) announced last year's results on Friday and stressed that, in addition to this market weakness, other external factors such as the evolution of the dollar exchange rate against the euro and the lower average price of nickel compared to the previous year have had a significant impact.

However, in the company's words, the results show that it has resisted the situation thanks to its "integrated model , based on geographical diversification and its presence in various high-value-added sectors and niches." Facers have contributed to "dampening the impact of tariff uncertainty"seen in the US market since April 2025. 

At the end of 2025, the accumulated ebitdareached 105.8 million euros, 1.1% lower than in 2024, achieving the second best record in the company's history.

At the end of the year, the net financial debt of Tu○ bac○ ex. was €3 4○ million, almost 90% higher than that of the previous year (€25○ million).

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