Tecnicas Reunidas Sa · BME:TRE
Tecnicas Reunidas Sa — H1 2017 Earnings Presentation
13 slides from Tecnicas Reunidas Sa's earnings presentation, July 2017
Slide 1: Results Presentation 1H 2017
Results Presentation 1H 2017 Juan Lladó CEO 0
Slide 2: Index
INDEX Awards & Backlog 1H 2017 Financial Results Outlook 2
Slide 3: Awards & Backlog: Awards
Awards & Backlog Awards € mill 6,661 Four Year Average : € 4,350 M 4,499 3,309 2,922 Tierra Mojada CCGT in Mexico, USD 500 M 438 2013 2014 2015 2016 1H 2017 3
Slide 4: 2Q 2017 Awards
2Q 2017 Awards Tierra Mojada CCGT, Mexico Highlights Turnkey contract for the Tierra Mojada CCGT project in Guadalajara, Mexico. Contract scope: designing, procurement, construction and commission of a new 875 MW CCGT. Installation of two GE 7HA.02 gas turbines, two heat recovery generators and one
Slide 5: Awards & Backlog: Backlog
Awards & Backlog Backlog € mill 12,136 10,583 8,412 8,255 6,377 2013 2014 2015 2016 1H 2017 Oil & Gas Power & Infrastructures 5
Slide 6: Backlog Geographical Split
Awards & Backlog Backlog Geographical Split FY 2013 1H 2017 ROW ROW 20% 6% Latam Latam 25% 22% Middle East Middle East 21% 62% Europe 9% Europe 34% € 6,377 M € 8,255 M 6
Slide 7: Index
INDEX Awards & Backlog 1H 2017 Financial Results Outlook 7
Slide 8: Profit and Loss Account
1H 2017 Financial Results Profit and Loss Account € Million 1H 2017 1H 2016 2016 Var. Revenues 2,628.0 2,303.9 14.1% 4,792.6 EBITDA 117.1 102.5 211.0 14.2% EBIT 104.6 92.4 13.2% 191.9 Margin 4.0% 4.0% 4.0% Net Financial Results -9.1 0.6 4.0 Profit Before Taxes 94.1 89.6 5.0% 193.4 Taxes -27.3 -23.8
Slide 9: Net Cash Position and Dividends
1H 2017 Financial Results Net Cash Position and Dividends 1H 2017 Net cash position: € 225 million 2016 Dividend paid: € 75 million Net Cash Position € mill Contractual terms in 533 488 the Middle East 413 Customers’ cash 225 constraints Less downpayments 2015 2016 1Q 2017 2Q 2017 9
Slide 10: Index
INDEX Awards & Backlog 1H 2017 Financial Results Outlook 10
Slide 11: Outlook
Outlook Visibility Solid long term investment drivers: increase of demand in clean fuels and natural gas Continuous activity in the Middle East. Opportunities in Asia Pacific and Americas TR franchise is a well recognized and competitive player in the industry Challenges Complex and competitive busi
Slide 12: 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 results for the first half 2017. This document contains forward-looking statements of the Company and/or its management. These
Slide 13: Tecnicas Reunidas
TECNICAS REUNIDAS