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Tecnicas Reunidas SA (TRE.MC)

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

26.84EUR
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Tecnicas Reunidas Q1 EBITDA Shrinks to 9.1 Mln Euros YoY
Monday, 14 May 2018 

May 14 (Reuters) - Tecnicas Reunidas SA ::Q1 EBITDA 9.1 MILLION EUROS VERSUS 61 MILLION EUROS YEAR AGO.Q1 NET PROFIT 0.5 MILLION EUROS VERSUS 37 MILLION EUROS YEAR AGO.Q1 REVENUE 1.16 BILLION EUROS VERSUS 1.39 BILLION EUROS YEAR AGO.Q1 ORDER INTAKE AT 1.17 BILLION EUROS.BACKLOG 9.70 BILLION EUROS AT END-MARCH VERSUS 10.17 BILLION EUROS AT END-MARCH 2017.Q1 EBIT MARGIN 0.4 PERCENT VERSUS 4.0 PERCENT YEAR AGO.DIVIDEND OF EUR 50 MILLION FOR 2018.  Full Article

Tecnicas Reunidas To Pay Interim Dividend Of 0.54 Euro Net/Shr
Friday, 29 Dec 2017 

Dec 29 (Reuters) - TECNICAS REUNIDAS ::TO PAY FY 2017 INTERIM DIVIDEND OF 0.54 EURO NET PER SHARE ON JAN. 18, 2018.  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

Tecnicas Reunidas reports H1 net profit down at 66 mln euros
Friday, 29 Jul 2016 

Tecnicas Reunidas SA : H1 EBITDA 103 million euros ($114.2 million) versus 103 million euros year ago . Sees 2016 EBIT margin levels at around 4 percent . H1 net profit 66 million euros versus 75 million euros year ago . H1 net sales 2.30 billion euros versus 1.88 billion euros year ago . Order book at end-June up 18 percent at 10.65 billion euros versus year ago .Says 2016 sales will increase to the range of 4.3 billion euros to 4.6 billion euros.  Full Article

UPDATE 1-Spain's Tecnicas Reunidas sees 2018 profit margin at low end of guidance

May 14 Spanish oil and gas engineering company Tecnicas Reunidas now expects its 2018 profit margin will be at the lower end of its official guidance due to project delays and cancellations, its CEO said.