Tecnicas Reunidas Sa · BME:TRE
Tecnicas Reunidas Sa — Q1 2014 Earnings Presentation
15 slides from Tecnicas Reunidas Sa's earnings presentation, May 19, 2014
Slide 1: First Quarter 2014 Results Presentation
TECNICAS REUNIDAS Juan Lladó CEO First Quarter 2014 Results Presentation 19th of May 2014
Slide 2: Index
INDEX TECNICAS REUNIDAS AWARDS & BACKLOG 1Q 2014 FINANCIAL RESULTS OUTLOOK 1
Slide 3: 1Q 2014 Awards
1Q 2014 AWARDS Awards €m 1Q 2014: € 532 M * *YTD awards includes 1Q 2014 plus the Jazan IGCC project 2
Slide 4: 1Q 2014 Backlog
1Q 2014 BACKLOG Backlog € Million 1Q 2014: € 6,242 M * *YTD Backlog calculated as 1Q 2014 plus the award of Jazan IGCC project 3
Slide 5: Backlog Geographical Split
BACKLOG GEOGRAPHICAL SPLIT 2012 *YTD 2014 € 6,205 M € 7,465 M *YTD Backlog calculated as 1Q 2014 plus the award of Jazan IGCC project 4
Slide 6: Recent Awards: IGCC Jazan, Saudi Arabia
RECENT 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 (ta
Slide 7: 1Q 2014 Awards: Sturgeon refinery, Canada
1Q 2014 AWARDS Sturgeon refinery, Canada Highlights North West Redwater Partnership is a 50/50 JV between Canadian Natural Resources Limited and North West Upgrading Inc. EPC contract for two refining units of the first phase of the Sturgeon refinery in Alberta, Canada. Contract value: CAD 580 M. Pr
Slide 8: 1Q 2014 Awards: Ashuganj CCGT, Bangladesh
1Q 2014 AWARDS Ashuganj CCGT, Bangladesh Highlights EPC contract for a new CCGT in Ashuganj, Bangladesh. Project includes: project management, engineering, procurement and construction of a 380 MW CCGT. Contract value: USD 300 M. Ashuganj Power Station Company Ltd. is a state owned company by the Ba
Slide 9: Agenda: Financial Results
TECNICAS REUNIDAS AWARDS & BACKLOG 1Q 2014 FINANCIAL RESULTS OUTLOOK 8
Slide 10: Financial Results
FINANCIAL RESULTS Profit and Loss Account 1Q 2014 1Q 2013 Var. 2013 € Million Revenues 728.4 690.9 5.4% 2,846.1 EBITDA 40.0 40.0 0.0% 157.3 EBIT 37.2 37.8 -1.7% 148.0 Margin 5.1% 5.5% 5.2% Net Financial Results 1.3 2.5 5.3 Profit Before Taxes 38.4 40.4 -5.2% 150.5 Taxes -6.1 -5.6 -22.0 Net Income 32
Slide 11: Net Cash Position and Dividends
NET CASH POSITION AND DIVIDENDS 1Q 2014 Net cash position: € 532 million 2013 Dividend proposal: € 75 million (€ 35.8 million paid in January) Net Cash Position € Million 10
Slide 12: Agenda: Outlook
TECNICAS REUNIDAS AWARDS & BACKLOG 1Q 2014 FINANCIAL RESULTS OUTLOOK 11
Slide 13: 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 14: 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 quarter 2014. This document contains forward-looking statements of the Company and/or its management. The
Slide 15: UNIDAS
= UNIDAS