Tecnicas Reunidas Sa Ord (TNISF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to TR's first quarter 2025 results presentation. It's going to be conducted by our chairman, Juan Yadó, and our CEO, Eduardo San Miguel. It's going to last approximately 20 minutes, and you will be able to post your questions after the final remarks. And I'll leave it forward to our chairman, Juan Yadó. Juan Yadó Thank you, Antonio, and good morning to everyone. And as usual, Eduardo and I will be conducting this presentation. First of all, I will share with you the main key performance indicators that we have achieved this first quarter. Following with our most important awards this first quarter, together, which is important, about how do we see our pipeline, just give some color to our pipeline. And then afterwards, Eduardo will continue with an update of the new areas of growth that we consider very relevant for TR in the upcoming years. And he, as always, will drive you through all the relevant financial figures for this quarter. I will wrap up this presentation with closing remarks. So let's just start with highlights. We have six relevant numbers here, and I have it easy this time. Let's just start with the first one. We started this quarter with an order intake of $7.3 billion. $7.3 billion. A very large percentage have to do with a very important job, which is low-resulting. They would spend some minutes before afterwards. Very important. But it very much reflects PR's capacity, quality, and delivery capacity to our customers. Obviously, this order intake translates into a very solid, diversified, And then I like to use records because this is not a race of records, but it's a very solid 14.9 billion backlog so that obviously it gives us comfort and visibility. Intake and backlog translating and that has to do to our deliv...