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.
