Tecnicas Reunidas Sa · BME:TRE
Tecnicas Reunidas Sa — Q1 2016 Earnings Presentation
15 slides from Tecnicas Reunidas Sa's earnings presentation, 2016
Slide 1: Results Presentation 1Q 2016
Results Presentation 1Q 2016 Juan Lladó CEO 0
Slide 2: Index
INDEX Awards & Backlog 1Q 2016 Financial Results Guidance & Outlook 2
Slide 3: Awards & Backlog: Awards
Awards & Backlog Awards € mill Pemex, Minatitlan Refinery USD 800 M Neste / Veolia/ Borealis, Kilpilahti Power Plant EUR 270 M 3
Slide 4: Awards & Backlog: Backlog
Awards & Backlog Backlog € mill 12,136 12,037 8,412 6,377 2013 2014 2015 1Q 2016 Oil & Gas Power & Infrastructures 4
Slide 5: Backlog Geographical Split
Awards & Backlog Backlog Geographical Split 1Q 2015 1Q 2016 ROW 13% ROW Middle East 29% 27% Middle East Latam 61% 18% Europe Europe 8% 18% Latam 26% € 8,454 M € 12,037 M 5
Slide 6: 1Q 2016 Awards: Minatitlan Refinery, Mexico
1Q 2016 Awards Minatitlan Refinery , Mexico Highlights Execution of the ultra low sulphur diesel project at the General Lazaro Cardenas refinery in Minatitlan, Mexico. TR was awarded detailed and basic engineering in 2014. Contract scope: engineering, procurement, construction and comissioning of tw
Slide 7: 1Q 2016 Awards: Kilpilahti Plant, Finland
1Q 2016 Awards Kilpilahti Plant, Finland Highlights EPC contract for a new combined heat and power plant for producing and supplying steam and other utilities to Neste’s refinery and Borealis petrochemical plant in Porvoo, Finland. Contract scope: installation of three steam generators and one steam
Slide 8: Update: Upgrader Project CNRL, Canada
UPDATE Upgrader Project CNRL, Canada The project is moving from construction to pre-commissioning. Commitment to finish the project within the agreed schedule with the client. Progression is benefitting from longer working days. Manageable impact from recent fire in Fort McMurray. Rest of Canadian p
Slide 9: Index
INDEX Awards & Backlog 1Q 2016 Financial Results Guidance & Outlook 9
Slide 10: 1Q 2016 Financial Results: Profit and Loss Account
1Q 2016 Financial Results Profit and Loss Account € Million 1Q 2016 1Q 2015 Var. 2015 Revenues 905.9 1,051.3 16.0% 4,187.9 EBITDA 47.1 49.1 -4.1% 105.3 EBIT 42.2 45.4 -7.2% 86.0 Margin 4.0% 5.0% 2.1% Net Financial Results 0.2 4.9 1.5 Profit Before Taxes 40.9 50.6 -19.3% 82.3 Taxes -10.6 -12.7 -22.2
Slide 11: Net Cash Position and Dividends
1Q 2016 Financial Results Net Cash Position and Dividends 1Q 2016 Net cash position: € 541 million 2015 Dividend proposed : € 75 million € Million Net Cash Position 800 673 661 700 664 629 600 532 570 541 533 500 436 400 348 300 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4 Q 1Q 2013 2014 2014 2014 2014 2015 2015 2015
Slide 12: Index
INDEX Awards & Backlog 1Q 2016 Financial Results Guidance & Outlook 12
Slide 13: Guidance & Outlook
Guidance & Outlook 2016 Guidance Sales: From € 4.3 billion to € 4.6 billion EBIT margin: around 4% Commitment to steady dividend distribution: € 75 Million to be paid in 2016. Focus on execution Delivery of the upgrader project in Canada Short and medium term successful backlog execution to fully ex
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 2016. This document contains forward-looking statements of the Company and/or its management. The
Slide 15: Tecnicas Reunidas
TECNICAS REUNIDAS