Slide 1: Full Year 2012 Results Presentation
TECNICAS REUNIDAS Juan Lladó CEO Full Year 2012 Results Presentation 1st of March 2013
Slide 2: Agenda
TECNICAS REUNIDAS AWARDS & BACKLOG HUMAN RESOURCES FY 2012 FINANCIAL RESULTS 2013 OUTLOOK 1
Slide 3: 2012 Awards
2012 AWARDS Awards €m Jazan: Aramco USD900 M Sadara: Dow/Aramco USD800 M Kemya: Exxon/Sabic USD400 M Petrokemya: Sabic USD400 M Canada: CNR CAD800 M Yara: Yara/Orica/Apache USD600 M Margarita II: Repsol USD100 M 2
Slide 4: FY 2012 Backlog
tis FY 2012 BACKLOG if TECNICAS REUNIDAS Backlog €m 6,205 5,370 2008 2009 2010 2011 2012 =Oil&Gas © Power
Slide 5: Backlog Geographical Split
BACKLOG GEOGRAPHICAL SPLIT 2010 2011 2012 € 5,730 M € 5,387 M € 6,205 M 4
Slide 6: 4Q 2012 Awards: Jazan refinery, Saudi Arabia
4Q 2012 AWARDS Jazan refinery, Saudi Arabia Highlights Two LSTK contracts for the Jazan refinery and marine terminal project. Project scope: engineering, supply of the equipment and materials, construction of the plants and precommissioning. Project includes: hydrocracker and diesel hydrotreater fac
Slide 7: Recent Awards: Volgograd refinery project, Russia
RECENT AWARDS Volgograd refinery project, Russia Highlights LSTK for the vacuum gasoil deep conversion complex in Volgograd, Russia. The contract follows a FEED and extended services awarded in previous years. Project scope: engineering and supply of equipment and materials, construction and pre-com
Slide 8: Agenda
TECNICAS REUNIDAS AWARDS & BACKLOG HUMAN RESOURCES FY 2012 FINANCIAL RESULTS 2013 OUTLOOK 7
Slide 9: Human Resources: Year-End Headcount
HUMAN RESOURCES TR GROUP YEAR-END HEADCOUNT Employees 8
Slide 10: Agenda
TECNICAS REUNIDAS AWARDS & BACKLOG HUMAN RESOURCES FY 2012 FINANCIAL RESULTS 2013 OUTLOOK 9
Slide 11: Financial Results: Profit and Loss Account
FINANCIAL RESULTS Profit and Loss Account 2012 2011 Var. € million Revenues 2,652.4 2,612.6 1.5% EBITDA 157.0 159.5 -1.6% Margin 5.9% 6.1% EBIT 148.7 151.3 -1.7% Margin 5.6% 5.8% Net Financial Results 8.3 6.7 Profit Before Taxes 157.8 155.2 1.7% Taxes -21.5 -19.9 Net Income 136.3 135.3 0.7% 10
Slide 12: Net Cash Position and Dividends
NET CASH POSITION AND DIVIDENDS FY 2012 Net cash position: € 646 million 2011 Dividends: € 1.355 per share 2012 Dividends: € 1.3955* per share Net Cash Position €m *Proposal to the AGM 11
Slide 13: Agenda
TECNICAS REUNIDAS AWARDS & BACKLOG HUMAN RESOURCES FY 2012 FINANCIAL RESULTS 2013 OUTLOOK 12
Slide 14: 2013 Outlook
2013 OUTLOOK For 2013, we will continue with our expansion and diversification strategy: Geographies – Traditional markets (South America, Europe, Middle East) and new markets (Canada, Russia, Australia) Right client balance NOC/IOC – New clients: Exxon, Dow Chemicals, Canadian Natural Resources, Ya
Slide 15: 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 2012. This document contains forward-looking statements of the Company and/or its management. These forwar
Slide 16: UNIDAS
= UNIDAS