$TRE (+1.03%) Técnicas Reunidas and Orascom have signed a contract worth 2.6 billion US dollars for the construction of a 3-gigawatt combined cycle power plant in Saudi Arabia. The project is part of a larger program to expand energy capacity in Saudi Arabia and includes the installation of carbon capture technology (source: https://www.reuters.com/business/energy/tecnicas-reunidas-orascom-secure-26-billion-contract-saudi-arabia-2025-03-24/ )

$TRE (+1.03%) Methanol plant in Spain: Técnicas Reunidas and Siemens Energy have been awarded a contract for the "La Robla Green" project, which aims to build one of Europe's largest renewable methanol production plants in La Robla, Spain. The project uses biogenic carbon and renewable hydrogen to produce e-methanol, which can be used as a fuel for shipping and as a feedstock for sustainable aviation fuel (source: https://www.agenzianova.com/de/news/spagna-a-tecnicas-reunidas-e-siemens-energy-la-progettazione-di-un-impianto-di-metanolo-a-leon/)

$TRE (+1.03%)

Turnover: €4.451 million, an increase of 8% compared to 2023; Q4 sales increased by 39% year-on-year to €1.232 million

EBIT: €181 million, an increase of 16% in 2024; EBIT margin at 4.1%. Q4 EBIT increased by 35% to €50 million.

Net profit: €89 million, a growth of 50% compared to 2023

Order backlog: €12.5 billion, an increase of 9% compared to the previous year

For 2025, the company expects sales of over €5.2 billion and an EBIT margin of around 4.5 The long-term targets up to 2026 include sales of over €5.5 billion and a return to the dividend policy

https://www.tecnicasreunidas.es/wp-content/uploads/2025/02/Tecnicas-Reunidas-FY-2024-Results-english-FINAL.pdf?utm_source=perplexity

$TRE (+1.03%) Técnicas Reunidas has today been awarded a major contract worth USD 440 million for the Vaca Muerta project in Argentina. The contract includes engineering and management services for a hydrocarbon storage and shipping terminal.

https://www.tipranks.com/news/company-announcements/tecnicas-reunidas-wins-major-vaca-muerta-contract?utm_source=markets.businessinsider.com&utm_medium=referral