Técnicas Reunidas (BME:TRE) Third Quarter 2024 Results
Key Financial Results
- Revenue: €1.13b (up 5.5% from 3Q 2023).
- Net income: €23.7m (up by €21.7m from 3Q 2023).
- Profit margin: 2.1% (up from 0.2% in 3Q 2023). The increase in margin was driven by higher revenue.
- EPS: €0.30.
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 4.6% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe.
Performance of the market in Spain.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Técnicas Reunidas that we have uncovered.
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About BME:TRE
Técnicas Reunidas
An engineering and construction company, designs and manages industrial plant projects worldwide.
Solid track record with excellent balance sheet.
