9m 2013 presentation results

8/12/2019 9m 2013 Presentation Results

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TECNICAS

REUN

IDAS

Juan Llad

CEO

Nine Month 2013Results Presentation

14th

of November 2013


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BACKLOG & EXECUTION

9M 2013 FINANCIAL RESULTS

OUTLOOKTECNICAS

REUN

IDAS

INDEX


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9M 2013 AWARDS

Awards

Million


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Highlights

Touat gas field, Algeria

EPC for the development of a hydrocarbons processing facilities in Adrarcity, in South West Algeria.

Projects includes: 25 wells and the associated gas gathering systems

and condensate processing units, compressors, Hg, H2S and CO2removal units, as well as dehydration units, residual waters treatmentunit and all auxiliary systems.

Contracts value: USD 1,000 million.

Groupement Touat Gaz is a partnership of the Algerian government-owned company Sonatrach and the French company GDF SUEZ.

9M 2013 AWARDS


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Highlights

Nizhny Novgorod, Russia

FEED contract for a heavy oil residue hydrocracking facility in NizhnyNovgorod, Russia.

Project includes the following units: residue hydrocracking, diesel

hydrotreating, naphta hydrotreating, hydrogen production, sulphurrecovery, amine regeneration, sour water stripper, as well as theoffsites and utilities.

Nizhny Novgorod refinery processing capacity: 340,000 bpd (17 milliont/y).

Lukoil is one of the ten largest oil companies in the world.

RECENT AWARDS


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Backlog

9M 2013 BACKLOG: NEW RECORD

Million


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9M 20132012

6,205 M 7,069 M

BACKLOG GEOGRAPHICAL SPLIT


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Chile

Peru

Greece

UAE

Canada

Hungary

Algeria

Qatar

BACKLOG GEOGRAPHICAL EXPANSION

Venezuela

REST OF THEWORLD2012

17%

9M 13

20%


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Chile

Peru

Saudi Arabia

Greece

UAE

Canada

Hungary

Algeria

Qatar

Saudi Arabia


Venezuela

EUROPE2012 9M 13

18% 35%


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Chile

Peru

Saudi Arabia

Greece

UAE

Canada

Hungary

Algeria

Qatar

Saudi Arabia


Venezuela

LATAM2012 9M 13

27% 24%


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Chile

Peru

Saudi Arabia

Greece

UAE

Canada

Hungary

Algeria

Qatar

Saudi Arabia


Venezuela

MIDDLEEAST2012 9M 13

37% 21%


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Chile

Peru

Saudi Arabia

Greece

UAE

Canada

Hungary

Algeria

Qatar

Saudi Arabia


Venezuela

9M 2013 BACKLOG: 7,069 M

REST OF THEWORLD

EUROPE

LATAM

MIDDLE

EAST


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BACKLOG & EXECUTION

9M 2013 FINANCIAL RESULTS

OUTLOOKTE

CNICAS

REUN

IDAS


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FINANCIAL RESULTSProfit and Loss Account

Million

Revenues

EBITDA

EBIT

Margin

Net Financial Results

Profit Before Taxes

Taxes

Net Income

2,105.2

117.3

110.2

5.2%

6.4

117.3

-15.7

101.6

9M 13 9M 12 Var. 2012

1,945.1

116.4

110.0

5.7%

6.6

116.5

-15.2

101.3

8.2%

0.8%

0.2%

0.6%

0.3%

2,652.4

157.0

148.7

5.6%

8.3

157.8

-21.5

136.3


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NET CASH POSITION AND DIVIDENDS

Net Cash Position

Million

9M 2013 Net cash position: 562 million

2012 Dividends: 1.40 per share ( 75 million)


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OUTLOOK

In 2013, we will continue with our expansion and diversification strategy:

Geographies

Traditional markets (South America, Europe, Middle East) and newmarkets (Canada, Russia, Australia)

Right client balance NOC/IOC

New clients: Exxon, Dow Chemicals, Lukoil, Canadian Natural

Resources, Yara, Orica

Strong visibility:

Record backlog

Strong sales Diversified business

High-Quality Execution

Margin sustainability


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Disclaimer

This document has been prepared by Tecnicas Reunidas S.A. (the Company) solely for use atpresentations held in connection with the announcement of the Company's results for the firstnine months 2013.

This document contains forward-looking statements of the Company and/or its management.

These forward-looking statements such as statements relating to the Company's ormanagement's intent belief or current expectations of the future growth in the Company'sbusiness and capital expenditure in the oil and gas industry in general are subject to risks andvariables that are beyond the Company's control and that could materially and adversely affectthe outcome and financial effects of the facts expressed implied or projected herein.

The Company is under no obligation to update or keep current the information contained inthis presentation including any looking forward-statements or to correct any inaccuracies thatmay later become apparent.

No representation or warranty express or implied is made as to and no reliance should beplaced on the fairness accuracy completeness or correctness of the information or opinionscontained herein. None of the Company or any of its affiliates advisors or representatives shallhave any liability whatsoever for any loss arising from any use of this document or its contentsor otherwise arising in connection with this document.

This document is only provided for information purposes and does not constitute nor may it beinterpreted as an offer to sell or exchange or acquire or solicitation for offers to purchase anyshare in the Company. Any decision to buy or invest in shares in relation to a specific issue

must be made on the basis of the information contained in the relevant prospectus filed by theCompany in relation to such specific issue.


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