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Tecnicas Reunidas SA (TRE.MC)

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

23.44EUR
21 Oct 2019
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Latest Key Developments (Source: Significant Developments)

Tecnicas Reunidas Sees Progressive Margin Recovery In 2019
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Tecnicas Reunidas SA ::SEES PROGRESSIVE MARGIN RECOVERY IN 2019, APPROACHING 4% IN THE LAST PART OF 2019.  Full Article

Tecnicas Reunidas H1 Net Profit Up At 13.4 Mln Euros YoY
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Tecnicas Reunidas SA ::H1 NET PROFIT 13.4 MILLION EUROS VERSUS 5.5 MILLION EUROS YEAR AGO.H1 NET SALES 2.22 BILLION EUROS VERSUS 2.26 BILLION EUROS YEAR AGO.H1 EBITDA 46.4 MILLION EUROS VERSUS 25.6 MILLION EUROS YEAR AGO.  Full Article

UAE's Arabtec Says Unit Secures Additional AED 315 Mln To Bu-Hasa Contract
Monday, 24 Jun 2019 

June 24 (Reuters) - ARABTEC HOLDING PJSC ::UNIT TARGET ENGINEERING SECURES ADDITIONAL AED 315 MILLION TO THE BU-HASA CONTRACT FROM TECNICAS REUNIDAS.CONTRACT TO CARRY OUT CONSTRUCTION WORKS FOR ADNOC ONSHORE’S BU-HASA INTEGRATED FIELD DEVELOPMENT PROJECT.SAYS THIS AWARD EXTENDS TARGET’S SCOPE OF WORK FROM PREVIOUSLY ANNOUNCED AED 521 MILLION IN NOV 2018 TO BRING TOTAL CONTRACT VALUE TO AED 836 MILLION.TARGET’S SCOPE IS GENERAL CONSTRUCTION AND EXPANSION OF EXISTING BU HASA OIL PAD HUBS, GAS LIFT PHASE II AND PRODUCED WATER RE-INJECTION PHASE I AND II.PURPOSE OF PROJECT IS TO INCREASE AND SUSTAIN BU HASA PRODUCTION PLATEAU OUTPUT TO 650,000 BARRELS PER DAY BY OCTOBER 2021.CONTRACT WORKS WILL COMMENCE IN JUNE 2019 FOR A DURATION OF 28 MONTHS.  Full Article

Tecnicas Reunidas Q1 Net Profit Up At 4.0 Mln Euros YoY
Wednesday, 15 May 2019 

May 16 (Reuters) - Tecnicas Reunidas SA ::SAID ON WEDNESDAY Q1 REVENUE 916.0 MILLION EUROS VERSUS 1.16 BILLION EUROS YEAR AGO.Q1 EBITDA 19.9 MILLION EUROS VERSUS 9.1 MILLION EUROS YEAR AGO.Q1 NET PROFIT 4.0 MILLION EUROS VERSUS 0.3 MILLION EUROS YEAR AGO.BACKLOG OF 10.03 BILLION EUROS AT END-MARCH 2019 VERSUS 9.70 BILLION EUROS AT END-MARCH 2018.Q1 ORDER INTAKE OF 1.7 BILLION EUROS.SEES STABLE SALES IN 2019 AND PROGRESSIVE MARGIN RECOVERY, APPROACHING 4% IN THE LAST PART OF 2019.  Full Article

Tecnicas Reunidas Says Reaching 4 Pct EBIT Margin In 2019 Is Possible
Monday, 14 May 2018 

May 14 (Reuters) - Tecnicas Reunidas SA on conference call::SAYS EBIT MARGIN TO STAND AT LOW END OF GUIDANCE RANGE FOR 2018.REACHING 4 PERCENT MARGIN IN 2019 IS POSSIBLE.  Full Article

Tecnicas Reunidas FY EBITDA Down 42 Pct At 122 Mln Euros
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Tecnicas Reunidas ::FY EBITDA 121.9 MILLION EUROS VERSUS 211.0 MILLION EUROS YEAR AGO.FY NET PROFIT AFTER DISCONTINUED OPERATIONS 59.0 MILLION EUROS VERSUS 129.2 MILLION EUROS YEAR AGO.FY NET SALES 5.07 BILLION EUROS VERSUS 4.79 BILLION EUROS YEAR AGO.FY NET PROFIT FROM CONTINUING OPERATIONS 64.0 MILLION EUROS VERSUS 140.2 MILLION EUROS YEAR AGO.FY ORDER INTAKE OF 4.6 BILLION EUROS.SEES FY 2018 SALES OF 4.30 BILLION EUROS - 4.60 BILLION EUROS.2018 YEAR TO DATE ORDER INTAKE OF 1.12 BILLION EUROS.SEES FY 2018 EBIT MARGIN OF 1.5 PCT - 2.5 PCT, WITH A PROGRESSIVE IMPROVEMENT DURING THE YEAR.  Full Article

Tecnicas Reunidas Wins Deal In Azerbaijan Worth $800 Mln‍​
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Tecnicas Reunidas ::STATE OIL COMPANY OF AZERBAIJAN REPUBLIC (SOCAR) AWARDS TECNICAS NEW PROJECT AT HEYDAR ALIYEV OIL REFINERY IN BAKU, AZERBAIJAN WORTH $800 MLN‍​.THE PROJECT WILL BE COMPLETED IN 38 MONTHS.  Full Article

Tecnicas Reunidas: no changes to dividend policy after profit warning‍​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - TECNICAS REUNIDAS SA ::SAYS DOES NOT EXPECT TO CHANGE DIVIDEND POLICY AFTER PROFIT WARNING‍​.SEES EBIT MARGIN BACK TO 4 PERCENT IN 2019 - CEO.  Full Article

Tecnicas Reunidas to intensify efficiency measures to boost profitability‍​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - TECNICAS REUNIDAS SA ::SAYS TO INTENSIFY EFFICIENCY MEASURES TO ENHANCE PROFITABILITY.  Full Article

Tecnicas Reunidas 9-month EBITDA down 32 pct at 104.7 mln euros
Friday, 10 Nov 2017 

Nov 10 (Reuters) - TECNICAS REUNIDAS SA ::9-MONTH NET PROFIT 55.7 MILLION EUROS VERSUS 101.3 MILLION EUROS YEAR AGO.9-MONTH EBITDA 104.7 MILLION EUROS VERSUS 154.1 MILLION EUROS YEAR AGO.‍​9-MONTH NET SALES 3.88 BILLION EUROS VERSUS 3.44 BILLION EUROS YEAR AGO.BACKLOG 8.52 BILLION EUROS AT END-SEPT. 2017, DOWN 16 PERCENT VERSUS END-SEPT. 2016.9-MONTH ORDER INTAKE AT 2.0 BILLION EUROS.SEES FY 2017 SALES BETWEEN 4.9 BILLION EUROS AND 5.0 BILLION EUROS.SEES FY 2017 EBIT MARGIN OF 2 PERCENT‍​.SEES FY18 SALES BETWEEN 4.30 BILLION EUROS AND 4.60 BILLION EUROS IMPACTED BY DELAY IN START IN MAJOR PROJECTS.SEES FY18 EBIT MARGIN BETWEEN 1.5 PERCENT AND 2.5 PERCENT WITH PROGRESSIVE IMPROVEMENT DURING THE YEAR.  Full Article