Tecnicas Reunidas Sa · BME:TRE
Tecnicas Reunidas Sa — H1 2015 Earnings Presentation
15 slides from Tecnicas Reunidas Sa's earnings presentation, July 2015
Slide 1: Results Presentation 1H 2015
Results Presentation 1H 2015 Juan Lladó CEO
Slide 2: Index
INDEX Awards & Backlog 2 1H 2015 Financial Results Outlook July 2015 2
Slide 3: Awards & Backlog
Awards & Backlog Awards € mill 3
Slide 4: Awards & Backlog: Awards
Awards & Backlog Awards € mill 1H 2015: € 1,841 M *YTD awards includes 1H 2015 plus the Al Zour Refinery project 4
Slide 5: Awards & Backlog: Backlog
Awards & Backlog Backlog Oil & Gas Power & Infrastructures 9,032 8,412 € mill 6,205 6,377 2012 2013 2014 1H 2015 5
Slide 6: Backlog Geographical Split
Awards & Backlog Backlog Geographical Split 1H 2015 ROW 24% Middle East 39% Latam 22% Europe 15% € 9,032 M 6
Slide 7: Recent Awards
Recent Awards Al Zour Refinery, Kuwait Al Zour Highlights TR will lead the execution of the processing units of the Al Zour Refinery in Kuwait. Contract scope: 3 crude distillation units, 3 atmospheric residue desulphuration units, 3 diesel hydrotreating units, 2 naphta hydrotreating units, 2 kerose
Slide 8: 2Q 2015 Awards
2Q 2015 Awards GT5 project, Kuwait Highlights EPC for the execution of the 5th Gas Train (GT5) at Mina al-Ahmadi Refinery in Kuwait. Contract scope: pre-treatment and dehydration, gas fractionation and products treatment & recovery, as well as interconnection and utilities. Contract value: USD 1,400
Slide 9: Index
INDEX Awards & Backlog 1H 2015 Financial Results Outlook July 2015 9
Slide 10: 1H 2015 Financial Results: Profit and Loss Account
1HFinantial 2015 Financial Results Results Profit and Loss Account € Million 1H 2015 1H 2014 Var. 2014 Revenues 1,883.6 1,478.7 27.4% 3,149.2 EBITDA 102.6 81.0 26.7% 169.6 EBIT 95.0 75.3 26.2% 157.6 Margin 5.0% 5.1% 5.0% Net Financial Results 4.3 4.5 8.6 Profit Before Taxes 100.4 79.3 26.5% 165.7 Ta
Slide 11: Net Cash Position and Dividends
1HFinantial 2015 Financial Results Results Net Cash Position and Dividends 1H 2015 Net cash position: € 436 million 2014 Total Dividends: € 1.40 per share (€ 75 million) € Million Net Cash Position 800 673 661 664 700 629 570 600 532 500 436 400 300 4Q 2013 1Q 2014 2Q 2014 3Q 2014 4Q 2014 1Q 2015 2Q
Slide 12: Index
INDEX Awards & Backlog 2 1H 2015 Financial Results Outlook July 2015 12
Slide 13: Outlook
Outlook Finantial Results Low oil price scenario Capex reduction depending on products and geographies Longer lead time of project awards Neutral Cashflow: key for our clients • Successful Diversification: Clients, Geographies, Products • Stronger Franchise: Proven Metodology • Quality in Execution:
Slide 14: Disclaimer
Finantial Results 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 2015. This document contains forward-looking statements of the Company and/or its
Slide 15: Tecnicas Reunidas
TECNICAS REUNIDAS