$TRE (-1,55%) • Latest News (September 16,

2026)

Técnicas Reunidas has been awarded an

engineering contract for a large green ammonia plant from Hive Hydrogen

South Africa (HHSA).

• Investment volume: $1.8 billion (= €1.6 billion)
• Following the engineering phase, the contract is expected to transition directly into an EPC contract.

In addition, the Executive Board has approved a share buyback program:

shares (= 2.49% of the share capital).

• Volume: 50 million €
• Period: September 16, 2026 – March 31, 2027
• Objective: Capital reduction through subsequent cancellation of treasury shares → increases earnings per share.
• Estimated buyback volume: approx. 2 million

$TRE (-1,55%) Greenlight Electricity Centre (Canada) — Técnicas Reunidas was awarded the contract for engineering, procurement, commissioning, and start-up for a new energy project.

• FEED contracts often pave the way for subsequent EPC contracts (which can range from hundreds of millions to billions).
• TR is thus strengthening its position in North America, where, according to the company, there is a project pipeline worth €28 billion.

$TRE (-1,55%) It was announced today that Técnicas Reunidas, together with IDOM, has been awarded an important contract for the decarbonization of the ArcelorMittal steel plant in Dunkirk. This involves engineering, procurement and construction management (EPCm) for a new electric arc furnace with an annual capacity of around 2 million tons. The project volume on the ArcelorMittal side is around €1.3 billion. The plant is expected to reduce CO₂ emissions by around two thirds compared to the traditional blast furnace route and will be operational from 2029.

Strategically interesting, as:

Source: https://www.tecnicasreunidas.es/award-of-decarbonization-services-contract-for-a-major-arcelormittal-steel-production-plant-in-france

• TR is positioning itself more strongly in the "green steel" market,
• the focus on decarbonization continues to grow,
• and service/EPCm contracts are usually more margin-stable than classic lump-sum EPC projects

$TRE (-1,55%) On January 2, 2026, Técnicas Reunidas announced the approval of a segregation project for the TR Power division.

The segregation of TR Power should support the focus on the higher-margin engineering and EPC business in oil & gas, energy transition and industrial projects.

In combination with the already very high order backlog and the SALTA targets achieved (growth, margin increase), this strengthens the profile as a specialized project provider.

$TRE (-1,55%) Tecnicas Reunidas recently presented strong business figures and a positive forecast in October 2025. The company expects turnover of over 6.1 billion euros for 2025 as a whole and more than 6.5 billion euros for 2026. The order books are well filled with a record value of EUR 13.1 billion, primarily due to large projects such as the ADNOC Lower Zakum project and the Vaca Muerta project.

https://www.tecnicasreunidas.es/wp-content/uploads/2025/07/Tecnicas-Reunidas-H1-2025-Results-Release-ENG-FINAL.pdf?utm_source=perplexity

• Sales Q2 2025: EUR 1.437 billion (+32% compared to Q2 2024)
• EBIT Q2 2025: EUR 64 million (record value, +46% compared to Q2 2024)
• Half-year sales 2025: EUR 2.744 billion (+31% compared to H1 2024)
• Half-year EBIT 2025: EUR 120 million (+43%)
• Net profit for the first half of 2025: EUR 59 million (+40%)
• Net liquidity as at 30.6.2025: EUR 422 million

$TRE (-1,55%) 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

https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TP0DK:0-tecnicas-reunidas-rises-after-contract-win-in-saudi-arabia/

$TRE (-1,55%) 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/

$TRE (-1,55%)

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.

https://www.tecnicasreunidas.es/tecnicas-reunidas-net-profit-has-grown-by-35-compared-to-the-first-quarter-of-2024/

https://de.investing.com/news/transcripts/tecnicas-reunidas-meldet-starkes-wachstum-im-ersten-quartal-2025-93CH-2998088

$TRE (-1,55%) 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 (-1,55%) 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/)