Tecnicas Reunidas Sa · BME:TRE
Tecnicas Reunidas Sa — H1 2014 Earnings Presentation
19 slides from Tecnicas Reunidas Sa's earnings presentation, Aug 1, 2014
Slide 1: First Half 2014 Results Presentation
TECNICAS REUNIDAS Juan Lladó CEO First Half 2014 Results Presentation 1st of August 2014
Slide 2: Index
INDEX TECNICAS REUNIDAS AWARDS & BACKLOG 1H 2014 FINANCIAL RESULTS OUTLOOK 1
Slide 3: 1H 2014 Awards
1H 2014 AWARDS Awards €m Talara refinery - PetroPeru - Peru Jazan IGCC- Saudi Aramco - Saudi Arabia Sturgeon refinery - NWR - Canada Ashuganj CCGT - APSCL - Bangladesh 2
Slide 4: YTD 2014 Awards
YTD 2014 AWARDS Awards EnerSur open cycle - EnerSur €m - Peru Turów coal plant - PGE- Poland Los Mina open cycle - DPP - Dominican Republic * *YTD awards includes power projects awarded in July 2014 that amount approx. to € 350 M 3
Slide 5: 1H 2014 Backlog
1H 2014 BACKLOG Backlog € Million 4
Slide 6: Backlog Geographical Split
BACKLOG GEOGRAPHICAL SPLIT 2012 1H2014 € 6,205 M € 7,810 M 5
Slide 7: 2Q 2014 Awards: Talara Refinery Conversion, Peru
2Q 2014 AWARDS Talara Refinery Conversion, Peru Highlights Conversion to LSTK of the Talara refinery modernization project in Peru. OBE contract awarded in 1Q 10. Contract scope: expansion and modification of existing units (distillation, catalytic cracking and vacuum distillation); construction of
Slide 8: 2Q 2014 Awards: IGCC Jazan, Saudi Arabia
2Q 2014 AWARDS IGCC Jazan, Saudi Arabia Highlights LSTK contract for the Utilities and Common Area package of the Jazan IGCC project for Saudi Aramco in Saudi Arabia. The largest gasifier – based power facility in the world, 2,110,000 Nm3/h syngas capacity. Contract scope: Utilities and Off-sites (t
Slide 9: Recent Awards: Los Mina open cycle, Dominican Republic
RECENT AWARDS Los Mina open cycle, Dominican Republic Highlights LSTK for the conversion of an open cycle to a combined cycle of Los Mina power plant in Santo Domingo, Dominican Republic. Contract scope: two heat recovery steam generators, one steam turbine and the balance of plant. Capacity increas
Slide 10: Recent Awards: Turów coal plant, Poland
RECENT AWARDS Turów coal plant, Poland Highlights LSTK for the construction of a 450 MWe new coal power generation unit at the Turów power plant in Bogatynia, southwest of Poland. Contract scope: supply of the main units: coal boiler, flue gas treatment, steam turbine and all the relevant balance of
Slide 11: Recent Awards: EnerSur open cycle, Peru
RECENT AWARDS EnerSur open cycle, Peru Highlights LSTK for the construction of an open cycle power plant project in Ilo, South of Peru. Contract scope: EPC of three dual fuel gas turbines, 500 MWe capacity production. Contract value: USD 240 million (50% for TR). EnerSur is Peru’s first private-owne
Slide 12: Recent Awards: Laricina, Canada
RECENT AWARDS Laricina, Canada Highlights Cost Plus Fee contract for the construction of an oil sand SAGD production plant for the Phase 1 of the Saleski project in Alberta, Canada. Laricina Energy Ltd. is a privately-held, Calgary-based energy company, focused exclusively on the development of in s
Slide 13: Index
TECNICAS REUNIDAS AWARDS & BACKLOG 1H 2014 FINANCIAL RESULTS OUTLOOK 12
Slide 14: Financial Results
FINANCIAL RESULTS Profit and Loss Account 1H 2014 1H 2013 Var. 2013 € Million Revenues 1,478.7 1,394.6 6.0% 2,846.1 EBITDA 81.0 77.6 4.4% 157.3 EBIT 75.3 73.1 3.1% 148.0 Margin 5.1% 5.2% 5.2% Net Financial Results 4.5 4.7 5.3 Profit Before Taxes 79.3 78.0 1.7% 150.5 Taxes -12.8 -10.5 -22.0 Net Incom
Slide 15: Net Cash Position and Dividends
NET CASH POSITION AND DIVIDENDS 1H 2014 Net cash position: € 673 million 2013 Dividends: € 1.40 per share (€ 75 million) Net Cash Position € Million 14
Slide 16: Index
TECNICAS REUNIDAS AWARDS & BACKLOG 1H 2014 FINANCIAL RESULTS OUTLOOK 15
Slide 17: Outlook
OUTLOOK Successful diversification strategy: Clients Geography Business Quality in execution Strengthen relationships with existing and new customers Growth opportunities to TR: Business: oil & gas, chemicals, power New markets: USA, Asia, North Africa Existing markets: Middle East, Latam, Europe an
Slide 18: Disclaimer
Disclaimer This document has been prepared by Tecnicas Reunidas S.A. (the Company) solely for use at presentations held in connection with the announcement of the Company's results for the first half 2014. This document contains forward-looking statements of the Company and/or its management. These
Slide 19: UNIDAS
= UNIDAS