Técnicas Reunidas (BME:TRE) Second Quarter 2024 Results
Key Financial Results
- Revenue: €1.09b (up 3.7% from 2Q 2023).
- Net income: €21.5m (up 3.1% from 2Q 2023).
- Profit margin: 2.0% (in line with 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Técnicas Reunidas Earnings Insights
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Energy Services industry in Europe.
Performance of the market in Spain.
The company's shares are down 8.4% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Técnicas Reunidas that you should be aware of.
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About BME:TRE
Técnicas Reunidas
An engineering and construction company, designs and manages industrial plant projects worldwide.
Adequate balance sheet with moderate growth potential.