NINE MONTHS 2020

RESULTS PRESENTATION

NOVEMBER 11TH 2020

JUAN LLADÓ CHAIRMAN AND CEO

CONTENT

  • Financial highlights under Covid-19
  • Proactive management in the current environment
  • Energy transition and outlook

2

SOLID PERFORMANCE DESPITE COVID ENVIRONMENT IN 9M 2020

BACKLOG

SALES

€9.2Bn€2.8Bn

Strong backlog despite award

Sales shift due to execution

slowdown

slowdown and reprogramming

ADJUSTED EBIT margin*

NET CASH

3.1%€113M

Improving margins

Significant net cash position

*Adjusted EBIT excludes the impact of Covid (€44 million) and re-structuring costs (€10 million)

3

BACKLOG EXECUTION REPROGRAMMED DUE TO COVID-19

Backlog execution schedule

€11.8bn*

February

2020

2021

2022 & beyond

2020

€4.9bn

€4.1bn

€2.8bn

*December 2019 backlog + Hassi Messaoud (Algeria) project awarded in January 2020

4

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Tecnicas Reunidas SA published this content on 11 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2020 14:38:01 UTC