On the occasion of the 9M Results' presentation, Juan Lladó, Técnicas Reunidas' Executive President, has stressed that "a year and a half ago, we introduced our strategy SALTA designed to transform Técnicas Reunidas into the future. In October, we hosted our 2025
Investor Day to share with you how our vision is becoming a reality. Today, I'm proud to say: SALTA is not only progressing, it's thriving. We are firmly on track to meet our 2028 objectives.
Our Services business unit has broken the glass ceiling. Clients no longer see us as a traditional EPC contractor, but as a trusted technological partner. Well focused on constructability, process engineering and with a highly experienced team, Técnicas Reunidas is now recognized as a value-added service provider. We have already reached half of our €500 million revenue target for 2028.
The Power business is becoming a cornerstone of our strategy. With electrification and artificial intelligence driving unprecedented demand, Técnicas Reunidas is uniquely positioned to lead the market. We are well-positioned backed by our 30 years of experience, our partnerships with the O&EMs, and our proven experience to execute with lower risk. As a result, we have tripled our revenue ambition in this segment to over €1 billion annually.
North America remains a strategic priority. We continue to advance in the region and have signed a key alliance with Zachry to jointly pursue and execute opportunities in the U.S. market. I'm confident that the early engagement we are achieving with U.S. clients will translate into a healthy backlog late 2026 and 2027.
Digitalization is also reshaping our operations and market competitiveness. What began as a tool for cost efficiency is now evolving into a new revenue business line for Técnicas Reunidas.
The success of SALTA is reflected in our strong performance across sales, operating margins, and balance sheet. This has allowed us to upgrade our financial guidance for 2025 and 2026.
Furthermore, the early repayment of SEPI loans on December 1st will enable Técnicas Reunidas to resume its shareholder remuneration policy starting next year.
Técnicas Reunidas is transforming. SALTA is delivering. And our future has never looked more promising."