Christopher Copeland's questions to Tenaris SA (TS) leadership • Q2 2024
Question
Christopher Copeland asked what new information Tenaris plans to present at its September Investor Day and inquired about the expected timeline for a resolution of the Usiminas litigation for which a provision was taken.
Answer
Chairman & CEO Paolo Rocca said the Investor Day will provide an updated overview of the company's changed profile, new businesses, and capital allocation strategy. Regarding the litigation, he stated the company believes the court decision is contrary to law and will pursue all appeals. He noted the process will take time and is not expected to resolve quickly.