Tecnicas Reunidas Sa · BME:TRE
Tecnicas Reunidas Sa — FY2015 Earnings Presentation
23 slides from Tecnicas Reunidas Sa's earnings presentation, 2016
Slide 1: Results Presentation FY 2015
Results Presentation FY 2015 Juan Lladó CEO
Slide 2: Index
INDEX Awards & Backlog 2015: A Year of Delivery FY 2015 Financial Results Guidance & Outlook 2
Slide 3: Awards & Backlog: Awards
Awards & Backlog Awards … 2015 Order Intake in relevant projects for major customers and in well known regions and technologies € mill Awards & Saudi Backlog Aramco, Fadhili USD 3,000 M KNPC, GT5 USD 1,400 M KNPC, Al Zour USD 2,000 M ADNOC/Total/Shell, Gasco USD 700 M ADOC, Hail field USD 310 M Saso
Slide 4: Awards & Backlog: Backlog
Awards & Backlog Backlog …The Company reached a new high in backlog, which ensures visibility of revenues 12,136 € mill 8,412 6,205 6,377 2012 2013 2014 2015 Oil & Gas Power & Infrastructures 4
Slide 5: Backlog Geographical Split
Awards & Backlog Backlog Geographical Split FY 2014 FY 2015 ROW Middle 31% East ROW 23% 15% Middle East Latam 63% 14% Europe Latam 19% Europe 26% 8% € 8,412 M € 12,136 M 5
Slide 6: 4Q 2015 Awards: Fadhili, Saudi Arabia
4Q 2015 Awards Fadhili, Saudi Arabia Highlights Two main contracts for the FADHILI gas investment in Saudi Arabia. Contract scope: main facilities and gas processing units of the investment and the interconnections and the auxiliary services facilities. 15th contract for Saudi Aramco. Saudi Aramco i
Slide 7: 4Q 2015 Awards: Petrochemical Complex, US
4Q 2015 Awards Petrochemical Complex, US Highlights Two units of Ethoxylation (ETO) and Guerbet Alcohol at the Westlake petrochemical complex in Louisiana, US, for Sasol Contract scope: engineering and procurement (EP) for both plants. Total contract value: € 150 million. 1st EP contract project in
Slide 8: 4Q 2015 Awards: ADOC project, UAE
4Q 2015 Awards ADOC project, UAE Highlights Early production facilities project for the Hail field located on the Mubarraz Island and surroundings, in Abu Dhabi. Contract scope: Separation, pumping and transportation facilities along with its associated utilities and offsites. Total contract value:
Slide 9: Index
INDEX Awards & Backlog 2015: A Year of Delivery FY 2015 Financial Results Guidance & Outlook 9
Slide 10: Izmit Refinery, TÜPRAS (Turkey)
Izmit Refinery, TÜPRAS (Turkey) / Value: USD 2,400 M
Slide 11: Volgograd Refinery, LUKOIL (Russia)
Volgograd Refinery, LUKOIL (Russia) / Value: USD1,480 M
Slide 12: Liquid separation plant Gran Chaco, YPFB (Bolivia)
Liquid separation plant Gran Chaco, YPFB (Bolivia) / Value: USD600 M
Slide 13: PETROKEMYA Project, SABIC (Saudi Arabia)
PETROKEMYA Project, SABIC (Saudi Arabia) / Value: USD420 M
Slide 14: KEMYA Petrochemical Project, Exxon Mobil-SABIC
KEMYA Petrochemical Project, EXXON MOBIL-SABIC (Saudi Arabia) / Value: USD415 M
Slide 15: SADARA Project, Dow/Saudi Aramco
SADARA Project, DOW/SAUDI ARAMCO (S. Arabia) / Delivering Units / Value: USD900 M
Slide 16: SHAH GAS Project, ADCO (UAE)
SHAH GAS Project, ADCO (UAE) / Value: USD460 M
Slide 17: Index
INDEX Awards & Backlog 2015: A Year of Delivery FY 2015 Financial Results Guidance & Outlook 17
Slide 18: FY 2015 Financial Results: Profit and Loss Account
FY 2015 Financial Results Profit and Loss Account € Million 2015 2014 Var. Revenues 3,149.2 4,187.9 33.0% EBITDA 105.3 169.6 -37.9% EBIT 86.0 157.6 -45.4% Margin 2.1% 5.0% Net Financial Results 1.5 8.6 Profit Before Taxes 82.3 165.7 -50.3% Taxes -22.2 -31.3 Net Income 60.2 134.5 -55.2% 18
Slide 19: Net Cash Position and Dividends
FY 2015 Financial Results Net Cash Position and Dividends 2015 Net cash position: € 533 million 2014 Dividends: € 1.40 per share (€ 75 million) 2015 Dividend proposed : € 75 million € Million Net Cash Position 800,0 673 661 700,0 664 629 600,0 532 570 533 500,0 436 400,0 348 300,0 4Q 1Q 2Q 3Q 4Q 1Q
Slide 20: Index
INDEX Awards & Backlog 2015: A Year of Delivery FY 2015 Financial Results Guidance & Outlook 20
Slide 21: Guidance & Outlook
Guidance & Outlook 2016 Guidance Sales: From € 4.3 billion to € 4.6 billion EBIT margin: around 4% Commitment to steady dividend distribution Focus on execution Delivery of the Upgrader project Almost USD 7 billion delivered in 2015 Opportunities Middle East Downstream, gas and power 21
Slide 22: 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 year 2015. This document contains forward-looking statements of the Company and/or its management. These forwar
Slide 23: Tecnicas Reunidas
y TECNICAS REUNIDAS