Updates its objectives for 2023 and expects to reach total sales of 4,000 million

MADRID, 15 Nov. (EUROPA PRESS) -

Técnicas Reunidas recorded a net profit of 41.2 million euros in the first nine months of this year, compared to the 'red numbers' of 47.2 million euros in the same period of 2022, as the company reported this Wednesday to the National Securities Market Commission (CNMV).

The firm has detailed that the recorded profits include an extraordinary item of 15.9 million euros with no impact on cash.

Total sales reached 3,246 million euros between January and September, with an increase of 15%, which shows the "strong" recovery of operations, as highlighted by the group.

The company has returned to quarterly figures above 1,000 million euros and has explained that it expects this level of sales to be maintained in the coming quarters.

The net operating profit (Ebit), for its part, was 119.8 million euros during the first nine months of the year, compared to the negative figure recorded in the same section of 2022, of 29.8 million euros.

The net cash position of Técnicas Reunidas at the end of the period stood at 234 million euros, a figure that contrasts with the 104 million euros at the end of September 2022 and which does not include advances for new awards in the third quarter of this year. anus.

The portfolio amounted to 10,470 million euros at the end of September, after integrating new awards worth 4,064 million euros.

Técnicas Reunidas has updated its objectives for 2023 and expects that awards will exceed 6,000 million euros, that sales will be above 4,000 million euros, and that the Ebit margin for the second half of 2023 will reach a level of 4% or more.

The executive president of Técnicas Reunidas, Juan Lladó, has highlighted that the company "continues, quarter after quarter, consolidating important achievements, as it had been anticipating since the beginning of the year", and has highlighted as "significant" the commercial efforts, which have been materialized in more than 4,000 million euros of new awards, which represents an accumulated level of more than 6,000 million euros so far this year.

He also recalled that the company has just started in the steel industry the "largest decarbonization project signed to date in Europe", which positions Técnicas Reunidas as a "world-class engineering company" in the energy transition sector.

"I am pleased to confirm that we have positioned Técnicas Reunidas as a world leader in this investment supercycle," said Lladó.