$TRE (+0.43%) The company has been awarded a contract for a giga plant in Saudi Arabia, specifically a convertible FEED (Front End Engineering Design) contract for the planning of a large-scale green ammonia plant in Yanbu. This project will be implemented together with partner Sinopec and is scheduled for completion by 2030, with an investment volume of around EUR 6 billion for the first phase
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8Tecnicas receives another order

Annual General Meeting on 30.6.25
$TRE (+0.43%) There were no surprises at the Annual General Meeting: No dividend for 2024, confirmation of the planned distribution for 2025 (€0.06 per share), approval of all standard agenda items and positive assessment of the company's outlook
https://www.tecnicasreunidas.es/2025-annual-general-meeting/
Strong first quarter
At 15 billion euros, the order backlog reached the highest level in the company's history.
- EBIT was also the highest that Técnicas Reunidas has ever achieved in a quarter on a standalone basis at 56 million euros, 40% more than in the first quarter of 2024.
- Total sales reached 1,307 million euros, one of the highest quarterly figures ever achieved by the company. Compared to the first quarter of 2024, this corresponds to an increase of 30%.
- This high level is due in part to the historical order backlog, which enables a strong forecast for sales growth in the coming quarters.
- The net profit for the year amounted to 28 million euros.
- The EBIT margin in relation to sales amounted to 4,3 %, compared to 4% in the first quarter of the previous year.
- The net cash position increased at the end of March to 423 million euros, 90 million more than at the end of the first quarter of 2024 and almost 30 million more than at the end of last year.
- Equity reached 626 million euros and was therefore 9% above the the figure at the end of 2024.
- These net cash positions and shareholders' equity are higher than the values achieved before the COVID pandemic.
- The order intake amounted to a total of 3.7 billion euros of which 3.3 billion euros came from the expansion project of the Lower Zakum field for ADNOC Offshore (Abu Dhabi) and 420 million euros for the Vaca Muerta Vaca Muerta terminal for YPF ( Argentina).
- The pipeline of new opportunities for the next 24 months amounts to over 66 billion euros of which 15 billion of which decarbonization projects.
- On the basis of these results, the company is confident to achieve the targets set for the current year. These include a total turnover of over 5.2 billion euros, which corresponds to an increase of more than 15 % compared to the figure for 2024, as well as an EBIT margin of around 4.5%, which is more than 10% higher than in the previous year.
Gas-fired power plant in Saudi Arabia
$TRE (+0.43%) 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/ )
Order for methanol plant in Spain
$TRE (+0.43%) 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/)

From the earning calls of 28.2.
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
Tecnicas Reunidas wins order
$TRE (+0.43%) 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.

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