Added to YB: 2024-08-12
Pitch date: 2024-06-30
TRE.MC [bullish]
Técnicas Reunidas, S.A.
+122.31%
current return
Author Info
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Company Info
Técnicas Reunidas, S.A., an engineering and construction company, designs and manages industrial plant projects worldwide.
Market Cap
EUR 2.3B
Pitch Price
EUR 12.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.95
P/E
17.85
EV/Sales
0.36
Sector
Energy Equipment and Services
Category
growth
Show full summary:
Ariel Investments International Developed Markets Portfolio Holding: Técnicas Reunidas, S.A.
TRE.MC: Spanish oil/gas EPC co. Post-COVID recovery, net profit to triple by 2026. New 5yr plan: expand N. America, focus on decarbonization. Debt repayment & 30% dividend payout by 2026. Well-received Capital Markets Day boosted returns. Normalized portfolio, income statement & balance sheet despite Ukraine war.
Read full article (1 min)