Professional
Added to YB: 2025-06-06
Pitch date: 2025-06-04
TRE.MC [neutral]
Técnicas Reunidas, S.A.
+0.1%
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 1.5B
Pitch Price
EUR 19.46
Price Target
45.00 (+131%)
Dividend
N/A
Sector
Energy Equipment and Services
Category
growth
Técnicas Reunidas: Re-Rating Ahead as Execution Improves and Energy Cycle Turns
TRE.MC (quick overview): Engineering firm up 60% YTD with record €14.9bn backlog (+41% YoY) and €66bn pipeline. Q1: €1.3bn revenue (+30% YoY), €56m EBIT (+40%). 2025 targets: €5.2bn revenue, 4.5% margin; 2026: €5.5bn, >5% margin + dividends; 2028: 8% margins. 70-130% upside potential at 15-20x P/E.
Read full article (3 min)