Tecnicas Reunidas SA · BME:TRE
Tecnicas Reunidas SA — FY2015 Earnings Presentation
8 slides from Tecnicas Reunidas SA's earnings presentation, Feb 15, 2016
Slide 1: Trading Update February 15th 2016
TRADING UPDATE FEBRUARY 15TH 2016
Slide 2: Content
Content Key Figures 2015 Upgrader Project for CNRL Key Figures 2016 TR in the current oil environment TÉCNICAS REUNIDAS 2
Slide 3: Key Figures 2015
Key Figures 2015 Backlog 12,100 M€ Awards 6,800 M€ Sales 4,180 M€ EBIT 86 M€ Net Profit 60 M€ Net Cash Position 530 M€ Steady Dividend Distribution TÉCNICAS REUNIDAS 3
Slide 4: Upgrader project for CNRL
Upgrader project for CNRL Turmoil of oil and gas industry in Alberta. Impact of specific factors: o Longer than expected delay on delivery of last key modules. o Exceptional completion works on site. o Costly remedy and acceleration plans. o Canadian winter. Priority is to finalize the project: comm
Slide 5: Key Figures 2016
Key Figures 2016 YTD secured awards ~700 M€ Sales 4,300-4,600 M€ Margin levels ~4% 2016 Main Focus Backlog execution. Prudent margin recognition. TÉCNICAS REUNIDAS 5
Slide 6: TR in the current oil environment
TR in the current oil environment Decrease in capital investments not seen in 30 years But, Resiliency of Técnicas Reunidas’ business: o Proven methodology. o Diversification by product and geography. o Recurrence of clients. Focus: o Deliver backlog profitably within time and quality. o Strengthen
Slide 7: SVGINN3IY SVDIND3AL
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Slide 8: Disclaimer
Disclaimer This document has been prepared by Técnicas Reunidas S.A. (the Company) solely for use at presentations held in connection with the announcement of the Company's trading statement for years 2015 and 2016. This document contains forward-looking statements of the Company and/or its manageme