OverviewSuggest Edit

Tecnicas Reunidas is an international general contractor specialized in the design and management of the execution of industrial plant projects. It is engaged in the engineering and construction of industrial facilities in the fields of oil and gas, refining and petrochemical, and power generation industries.

TypePublic
Founded1972
HQMadrid, ES
Websitetecnicasreunidas.es
Employee Ratings3.7

Latest Updates

Employees (est.) (Jun 2020)9,311
Revenue (FY, 2019)€4.7 B(+7%)
Share Price (Nov 2020)€7.8 (+2%)
Cybersecurity ratingCMore

Key People/Management at Tecnicas Reunidas

José Lladó Fernández-Urrutia

José Lladó Fernández-Urrutia

Chairman
Juan Lladó Arburúa

Juan Lladó Arburúa

1st Vice Chairman
Juan Miguel Antoñanzas Pérez-Egea

Juan Miguel Antoñanzas Pérez-Egea

2nd Vice Chairman
Fernando de Asúa Álvarez

Fernando de Asúa Álvarez

3rd Vice Chairman
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Tecnicas Reunidas Office Locations

Tecnicas Reunidas has offices in Madrid, Cartagena, La Aljorra, San Fernando de Henares and in 20 other locations
Madrid, ES (HQ)
Calle de Arapiles, 13
Cartagena, ES
Calle Belgrado, 14, 7th floor
La Aljorra, ES
Carretera de Cartagena-Alhama de Murcia, Km. 15
Madrid, ES
Av. de Burgos, 89
Madrid, ES
Calle de Arapiles, 14
Madrid, ES
Calle de María de Portugal, 9, 11
Show all (27)

Tecnicas Reunidas Financials and Metrics

Tecnicas Reunidas Revenue

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Tecnicas Reunidas's revenue was reported to be €4.70 b in FY, 2019 which is a 6.9% increase from the previous period.
EUR

Revenue (H1, 2020)

2.1b

Gross profit (H1, 2020)

555.6m

Gross profit margin (H1, 2020), %

26.3%

Net income (H1, 2020)

14.1m

EBIT (H1, 2020)

33.1m

Market capitalization (13-Nov-2020)

417.4m

Closing stock price (13-Nov-2020)

7.8

Cash (30-Jun-2020)

961.6m

EV

357.7m
Tecnicas Reunidas's current market capitalization is €417.4 m.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

5.1b4.4b4.7b

Revenue growth, %

(13%)7%

Cost of goods sold

4.1b3.4b3.7b

Gross profit

1.0b959.7m1.0b
Half Year
EURH1, 2018H1, 2019H1, 2020

Revenue

2.3b2.2b2.1b

Cost of goods sold

1.7b1.7b1.6b

Gross profit

570.8m489.1m555.6m

Gross profit Margin, %

25%22%26%
Annual
EURFY, 2017FY, 2018FY, 2019

Cash

569.9m680.8m887.6m

Accounts Receivable

2.6b2.3b2.5b

Prepaid Expenses

54.5m40.8m68.6m

Inventories

17.9m23.0m5.5m
Quarterly
EURQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

697.6m674.6m741.6m748.2m687.8m799.2m1.1b961.6m

Inventories

19.4m19.7m20.4m24.2m25.0m25.9m5.4m5.6m

Current Assets

3.5b3.6b3.3b3.3b3.5b3.8b4.0b4.1b

PP&E

38.5m32.9m50.5m
Annual
EURFY, 2017FY, 2018FY, 2019

Net Income

59.0m14.4m(10.0m)

Depreciation and Amortization

21.5m18.6m42.1m

Inventories

(931.0k)(5.1m)19.1m

Accounts Payable

191.8m(146.0m)307.4m
Half Year
EURH1, 2018H1, 2019H1, 2020

Net Income

6.8m13.6m14.1m

Depreciation and Amortization

8.3m6.4m23.1m

Inventories

(1.8m)(2.0m)(113.0k)

Accounts Payable

43.2m287.5m203.4m
EURFY, 2017

Revenue/Employee

578.9k

Debt/Equity

0.9 x

Debt/Assets

0.1 x

Financial Leverage

8.4 x
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Tecnicas Reunidas Operating Metrics

Tecnicas Reunidas's Backlog was reported to be €10.1b in Q2, 2020.
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Tecnicas Reunidas Acquisitions / Subsidiaries

Company NameDateDeal Size
Deportes Valdavia
Española de Investigación y Desarrollo, S.A
Española de Investigación y Desarrollo, S.A.
Eurocontrol International Services, S.L
Eurocontrol, S.A
Eurocontrol, S.A.
Euromoody International Services, S.L
Heymo Ingeniería, S.A
Heymo Ingeniería, S.A.
Ibérica del Espacio, S.A.
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Tecnicas Reunidas Revenue Breakdown

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Tecnicas Reunidas revenue breakdown by business segment: 90.9% from Oil and Gas, 7.0% from Power and 2.0% from Other

Tecnicas Reunidas revenue breakdown by geographic segment: 5.8% from Asia, 82.5% from Middle East , 5.7% from America and 6.1% from Other

Human Capital Metrics

Tecnicas Reunidas's employees are reported to be approximately 24% female and 76% male.
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Tecnicas Reunidas Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

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Tecnicas Reunidas Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Tecnicas Reunidas Online and Social Media Presence

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Tecnicas Reunidas News and Updates

Técnicas Reunidas advances in its efficiency plan with the sale of Eurocontrol

In compliance with the provisions of article 227 of the revised text of the Securities Market Law approved by Royal Legislative Decree 4/2015, of October 23rd, and other concordant provisions, TÉCNICAS REUNIDAS, S.A. (the "Company") communicates the following: Técnicas Reunidas advances in its effi…

Técnicas Reunidas downhill in Madrid

The Spanish general contractor moves in the deep red , showing a sharp decline, showing a loss of 2.44% on previous values. The performance of the company that builds industrial plants for the oil sector during the week, compared to the Ibex 35 , shows a lower relative strength of the stock, which c…

Técnicas Reunidas alerta de mayor riesgo para su negocio tras la segunda ola de covid

Técnicas Reunidas se muestra ahora más pesimista sobre el impacto que puede provocar el covid-19 en su negocio respecto de lo que lo hacía en el mes de julio, después de la primera ola de la pandemia.

Técnicas Reunidas niega ninguna cancelación de contratos en cartera tras caer un 16% al cierre de Bolsa

Técnicas Reunidas ha negado ninguna cancelación de contratos en cartera después de haber cerrado la jornada de hoy con una caída en Bolsa del 16%, con un precio de 7,56 euros la acción. Así lo ha notificado la sociedad en un comunicado remitido a la Comisión Nacional del Mercado de Valores (CNMV), …

Tecnicas Reunidas S A : The Company provides information on business due to the market volatility

Given the extreme volatility that European stock markets are going through, including the Spanish ones and their evolution in the context of the situation created by the Covid-19 virus, the Company considers appropriate to clarify that: There has been no cancellation of projects in the backlog. …

Tecnicas Reunidas S A : has incorporated a program to issue promissory notes in the Mercado Alternativo de Renta Fija (MARF) with a maximum outstanding balance of 100 million Euro.

That Company has incorporated a program to issue promissory notes in the Mercado Alternativo de Renta Fija (MARF) with a maximum outstanding balance of 100 million Euro with maturity terms of up to 730 natural days (this is, 24 months), enabling the diversification of its financing sources through t…

Tecnicas Reunidas Frequently Asked Questions

  • When was Tecnicas Reunidas founded?

    Tecnicas Reunidas was founded in 1972.

  • Who are Tecnicas Reunidas key executives?

    Tecnicas Reunidas's key executives are José Lladó Fernández-Urrutia, Juan Lladó Arburúa and Juan Miguel Antoñanzas Pérez-Egea.

  • How many employees does Tecnicas Reunidas have?

    Tecnicas Reunidas has 9,311 employees.

  • What is Tecnicas Reunidas revenue?

    Latest Tecnicas Reunidas annual revenue is €4.7 b.

  • What is Tecnicas Reunidas revenue per employee?

    Latest Tecnicas Reunidas revenue per employee is €504.7 k.

  • Who are Tecnicas Reunidas competitors?

    Competitors of Tecnicas Reunidas include ISASTUR, DAI-DAN and Cheboksary Electrical Apparatus Plant.

  • Where is Tecnicas Reunidas headquarters?

    Tecnicas Reunidas headquarters is located at Calle de Arapiles, 13, Madrid.

  • Where are Tecnicas Reunidas offices?

    Tecnicas Reunidas has offices in Madrid, Cartagena, La Aljorra, San Fernando de Henares and in 20 other locations.

  • How many offices does Tecnicas Reunidas have?

    Tecnicas Reunidas has 27 offices.