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Key Developments: Tecnicas Reunidas SA (TRE.MC)

TRE.MC on Madrid SE C.A.T.S.

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27 May 2016
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Latest Key Developments (Source: Significant Developments)

Tecnicas Reunidas says to pay 75 million euro dividend in 2016
Friday, 13 May 2016 

Tecnicas Reunidas SA : Tecnicas Reunidas says to pay 75 million euro ($85 million)dividend in 2016 Further company coverage: [TRE.MC] ($1 = 0.8840 euros) (Reporting By Madrid Newsroom) ((sonya.dowsett@thomsonreuters.com;)).  Full Article

Tecnicas Reunidas Q1 net profit down at 30 mln euros
Friday, 13 May 2016 

Tecnicas Reunidas SA : Q1 net profit 30 million euros ($34 million) versus 38 million euros year ago . Q1 EBITDA 47.1 million euros versus 49.1 million euros year ago . Q1 revenue 1.05 billion euros versus 907.2 million euros year ago . Portfolio 12.04 billion euros at end of March versus 8.45 billion euros year ago . Sees 2016 sales to increase to the range of 4.3 billion euros to 4.6 billion euros .Sees 2016 EBIT margin levels at around 4 percent.  Full Article

Tecnicas Reunidas wins contract in Mexico for $800 mln
Thursday, 17 Mar 2016 

Tecnicas Reunidas SA:Says wins contract worth $800 million, awarded by Pemex Transformacion Industrial.Says contract is for the second phase of execution of ultra low sulphur diesel project at the General Refinery Lazaro Cardenas in Minatitlan, Mexico.Says this phase includes engineering, procurement, construction and commissioning of two new refining units.  Full Article

Tecnicas Reunidas wins 270 mln euros deal in Finland
Wednesday, 16 Mar 2016 

Tecnicas Reunidas SA:Neste, Borealis, Veolia choose Tecnicas Reunidas to build a heat and power plant in Finland.Total value of the investment amounts to 400 million euros, with 270 million euros corresponding to Tecnicas Reunidas contract.  Full Article

Tecnicas Reunidas SA to propose complementary dividend
Tuesday, 1 Mar 2016 

Tecnicas Reunidas SA:To propose 0.728871 euro gross per share complementary dividend‍, that is 39.2 million euros total.  Full Article

Tecnicas Reunidas SA issues 2016 sales guidance in line with estimates
Monday, 29 Feb 2016 

Tecnicas Reunidas SA:Sees FY 2016 sales between 4.30 billion euros and 4.60 billion euros‍​.FY 2016 revenue at 4.46 billion euros in Thomson Reuters I/B/E/S.  Full Article

Tecnicas Reunidas SA to pay out FY 2015 dividend
Friday, 18 Dec 2015 

Tecnicas Reunidas SA:Says to pay FY 2015 interim dividend of 0.667 euro gross per share on Jan. 12, 2016‍.  Full Article

Argex Titanium awards Tecnicas Reunidas EPC contract
Wednesday, 4 Mar 2015 

Tecnicas Reunidas SA:Says Argex Canada Inc, a subsidiary of Argex Titanium Inc, has awarded an Engineering, Procurement and Construction contract to the company for Argex's first industrial scale 50,000 tonne per annum Titanium Dioxide plant.EPC Contract will be performed in two phases.  Full Article

Tecnicas Reunidas SA announces FY 2014 dividend payment
Thursday, 18 Dec 2014 

Tecnicas Reunidas SA:Announces FY 2014 dividend payment of 0.667 euros gross.Payment date is set to Jan. 15, 2015.Total dividend payout equals to 35.8 million euros.  Full Article

Tecnicas Reunidas selected by YARA for Nitric Acid Plant in Norway
Wednesday, 3 Dec 2014 

Tecnicas Reunidas SA:Says Yara Norge AS has selected Tecnicas Reunidas (TR) for the Nitric Acid Plant, as part of its expansion Project on Heroya Industrial Park, in Porsgrunn, Norway.Contract value amounts to about 85 million euros.Says Yara selected TR as the main contractor for the whole project, as well as TR’s technology and “know how” in Nitric Acid (with a design capacity of 1.050 MTPD) licensed by its 100 percent owned subsidiary company ESPINDESA.  Full Article