Tecnicas Reunidas Sa · BME:TRE
Tecnicas Reunidas Sa — H1 2012 Earnings Presentation
17 slides from Tecnicas Reunidas Sa's earnings presentation, Jul 31, 2012
Slide 1: 2012 First Half Results Presentation
TECNICAS REUNIDAS Juan Lladó CEO 2012 First Half Results Presentation 31st of July 2012
Slide 2: Awards & Backlog, 1H 2012 Financial Results, Current Environment
TECNICAS REUNIDAS AWARDS & BACKLOG 1H 2012 FINANCIAL RESULTS CURRENT ENVIRONMENT 1
Slide 3: 1H 2012 Awards
1H 2012 AWARDS €m Awards 4,500 4,000 3,619 3,500 3,000 2,661 2,500 2,207 1,997 2,000 1,839 * 1,500 1,000 500 0 2008 2009 2010 2011 1H 2012 *This figure does not include the Sadara project 2
Slide 4: 1H 2012 Backlog
1H 2012 BACKLOG €m Backlog 7,000 6,218* 6,000 5,730 5,387 4,711 4,820 5,000 4,000 3,000 2,000 1,000 0 2008 2009 2010 2011 1H 12 Oil and gas Power *This figure does not include the Sadara project 3
Slide 5: Backlog Geographical Split 1H 12
BACKLOG GEOGRAPHICAL SPLIT 2010 2011 1H 12 Middle Europe Europe Spain Spain Europe ROW East 36% 42% 0.1% 0.1% 29% 20% 37% ROW Spain 3% 3% ROW 2% Middle Middle Latam Latam Latam 22% East East 34% 29% 21% 22% € 5,730 M € 5,387 M € 6,218 M 4
Slide 6: 2Q 2012 Awards: Kemya project, Saudi Arabia
2Q 2012 AWARDS Kemya project, Saudi Arabia Highlights EPC for two packages of the Saudi Elastomer Project for Sabic and Exxon Mobil consortium. Project includes: ethylene propylene diene monomer (EPDM) plant and polybutadiese rubber (PBR) plant. Contract value: USD 400 million. Sabic, the Arabian ch
Slide 7: 2Q 2012 Awards: Petrokemya project, Saudi Arabia
2Q 2012 AWARDS Petrokemya project, Saudi Arabia Highlights EPC for an acrylonitrile butadine styrene plant in Al-Juabil, Saudi Arabia. Project includes the following units: chemical storage, polybutadiene latex, high rubber graft, styrene acrylonitrile, compounding, utilities, packaging, acrylonitri
Slide 8: 2Q 2012 Awards: TAN project, Australia
2Q 2012 AWARDS TAN project, Australia Highlights EPC for the TAN /Technical Ammonium Nitrate) project in Australia, led by Yara (45%). Project includes: wet ammonium nitrate unit, nitric acid unit and TAN prilling plant. TR’s own technology and “know-how” for liquid ammonium nitrate and nitric acid.
Slide 9: 2Q 2012 Awards: Oil sands project, Canada
2Q 2012 AWARDS Oil sands project, Canada Highlights EPC for an oil sands project in Fort McMurray, Alberta, Canada. Project scope: design, detailed engineering, purchase of equipment and materials, construction and commissioning assistance of bitumen upgrading facilities. Project includes the follow
Slide 10: Recent Awards: Sadara project, Saudi Arabia
RECENT AWARDS Sadara project, Saudi Arabia Highlights EPC for three packages of the petrochemical complex in Jubail, Saudi Arabia. Project scope: detailed engineering, procurement, construction and start up. Project includes the following units: ethylene oxide, propylene glycol, polyols, ethanol ami
Slide 11: Recent Awards: Volgograd refinery project, Russia
RECENT AWARDS Volgograd refinery project, Russia Highlights Expansion of the FEED contract awarded in 2Q 11 for a hydrocracker complex in Volgograd, Russia. Project scope: detailed engineering needed to procure long lead items. Project includes: hydrocraker unit, hydrogen production unit, sour water
Slide 12: Awards & Backlog, 1H 2012 Financial Results, Current Environment
TECNICAS REUNIDAS AWARDS & BACKLOG 1H 2012 FINANCIAL RESULTS CURRENT ENVIRONMENT 11
Slide 13: Financial Results
FINANCIAL RESULTS Profit and Loss Account 1H 12 1H 11 Var. 2011 € million Revenues 1,273.7 1,366.8 -6.8% 2,612.6 EBITDA 76.2 82.5 -7.6% 159.5 Margin 6.0% 6.0% 6.1% EBIT 72.0 78.8 -8.6% 151.3 Margin 5.7% 5.8% 5.8% Net Financial Results 4.0 -2.9 6.7 Profit Before Taxes 75.8 76.1 -0.5% 155.2 Taxes -9.7
Slide 14: Awards & Backlog, 1H 2012 Financial Results, Current Environment
TECNICAS REUNIDAS AWARDS & BACKLOG 1H 2012 FINANCIAL RESULTS CURRENT ENVIRONMENT 13
Slide 15: Current Environment
CURRENT ENVIRONMENT Positive environment for energy investments worldwide Successful commercial effort in America, Asia and Europe. Remain focused on the Middle East where there are great opportunities for 2012 Quality of execution opens up new business opportunities 14
Slide 16: 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 2012. This document contains forward-looking statements of the Company and/or its management. These
Slide 17: UNIDAS
= UNIDAS