Edition:
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Tecnicas Reunidas SA (TRE.MC)

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

24.05EUR
22 Nov 2017
Change (% chg)

€-0.03 (-0.10%)
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€24.07
Open
€24.16
Day's High
€24.47
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€24.01
Volume
406,312
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558,124
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€39.57
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Latest Key Developments (Source: Significant Developments)

Tecnicas Reunidas: no changes to dividend policy after profit warning‍​
Friday, 10 Nov 2017 04:13am EST 

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 03:41am EST 

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 01:33am EST 

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

Tecnicas Reunidas in JV wins $2.75 bln contract in Oman
Friday, 4 Aug 2017 10:00am EDT 

Aug 4 (Reuters) - TECNICAS REUNIDAS ::SAYS HAS BEEN SELECTED BY DUQM REFINERY AND PETROCHEMICAL INDUSTRIES COMPANY (DRPIC) TO EXECUTE PROJECT OF PROCESS UNITS FOR THE NEW REFINERY OF DUQM IN OMAN‍​.SAYS CONTRACT HAS BEEN AWARDED TO THE JOINT VENTURE (JV) OF TECNICAS REUNIDAS AND DAEWOO ENGINEERING AND CONSTRUCTION (SOUTH KOREA) FOR ABOUT $2.75 BILLION.SAYS THE COMPANY IS MAJORITY PARTNER OF THE JV WITH PARTICIPATION OF 65 PCT.  Full Article

Tecnicas Reunidas expects to recover portfolio levels from beginning of year
Friday, 28 Jul 2017 08:00am EDT 

July 28 (Reuters) - TECNICAS REUNIDAS SA ::CEO SAYS EXPECTS PORTFOLIO AT THE END OF THE YEAR TO REACH LEVEL THAT IT HAD AT THE BEGINNING OF THE YEAR.CEO SAYS DROP IN CASH RESPONDS TO CONTRACT MANAGEMENT, CUSTOMERS CONTINUE TO PAY AND "PAY WELL".CEO SAYS CASH POSITION DOES NOT AFFECT GROUP DIVIDEND POLICY.  Full Article

Tecnicas Reunidas sees complex business environment, customers' cash constraints
Friday, 28 Jul 2017 06:29am EDT 

July 28 (Reuters) - TECNICAS REUNIDAS ::SEES COMPLEX AND COMPETITIVE BUSINESS ENVIRONMENT, CUSTOMERS’ CASH CONSTRAINTS.SAYS SOLID LONG TERM INVESTMENT DRIVERS: INCREASE OF DEMAND IN CLEAN FUELS AND NATURAL GAS.‍​.  Full Article

‍​ Tecnicas Reunidas H1 Ebitda up 14 pct at 117 mln euros YoY
Friday, 28 Jul 2017 02:05am EDT 

July 28 (Reuters) - TECNICAS REUNIDAS SA ::‍H1 NET SALES 2.63 BILLION EUROS VERSUS 2.30 BILLION EUROS YEAR AGO.H1 NET PROFIT 57.1 MILLION EUROS VERSUS 65.7 MILLION EUROS YEAR AGO.ORDER INTAKE IN Q2 AT 0.4 BILLION EUROS.H1 EBITDA 117 MILLION EUROS, UP 14 PERCENT VERSUS YEAR AGO.BACKLOG 8.26 BILLION EUROS AT END-JUNE VERSUS 10.65 BILLION EUROS AT END-JUNE 2016.  Full Article

Tecnicas Reunidas terminates liquidity agreement signed in June 2015
Monday, 3 Jul 2017 02:09am EDT 

July 3 (Reuters) - TECNICAS REUNIDAS SA ::SAYS TERMINATES LIQUIDITY AGREEMENT SIGNED ON JUNE 11, 2015 WITH SANTANDER INVESTMENT BOLSA, SOCIEDAD DE VALORES, S.A.U..  Full Article

Tecnicas Reunidas wins contract to build power plant in Mexico for $500 mln
Monday, 26 Jun 2017 03:29am EDT 

June 26 (Reuters) - TECNICAS REUNIDAS SA ::WINS CONTRACT TO BUILD 875 MW COMBINED CYCLE IN MEXICO FOR $500 MILLION.MEXICO POWER PLANT WILL START PRODUCTION IN ABOUT 30 MONTHS.  Full Article

Tecnicas Reunidas sees stable margins for 2017
Friday, 12 May 2017 06:30am EDT 

May 12 (Reuters) - TECNICAS REUNIDAS SA ::SEES STABLE MARGINS FOR 2017.  Full Article

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Aramco close to awarding gas project contract to Tecnicas Reunidas

KHOBAR, Saudi Arabia Saudi Aramco is close to awarding a contract to Spanish engineering group Tecnicas Reunidas, industry sources said on Tuesday.