Tecnicas Reunidas Sa Ord (TNISF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to TR's first semester results presentation. It's going to be conducted by our chairman, Juan Gallo, and our CEO, Eduardo Samuels. It's going to last about 15 minutes, and you will be able to post your questions after the final remarks. And now, I'll give the floor to Juan Gallo. Juan Gallo. Thank you, Antonio, and good morning, everyone. Thanks for joining us today. on our first half results presentation for 2025, where both Eduardo San Miguel and I will guide you through all the most relevant issues that have taken place this first half of the year 2025. And first, as usual, I'll share with you a glance of our business performance. And Eduardo will follow the presentation, finalizing with the financial results. And as usual as well, I will do a wrap-up with some financial final remarks. So let's move on with the business performance. Three big numbers here. First, let's talk about our present. Our present are the $3.8 billion of ordinary take. Ordinary take with extremely good quality EPCs and a very healthy economy. mixed with technological engineering services, very much in line with our focus and our strategy that I will talk about later on. Second number is our immediate and healthy visibility for the next years. That's the year-to-date backlog, 13.1 billion of healthy backlogs. This is our visibility. And third, which I think is very important now, this is our real future. This is our future with a very strong and selected pipeline. A strong and selected $72.3 billion for the next two years. The pipeline is not only the future pipeline or the jobs that we are already leading, that we have been already pre-qualified and getting ready to bid, or that we have been invited to bid, and we have to answer whether or which jobs do w...