Tecnicas Reunidas SA (WBO:TRE)
€ 11.17 0.07 (0.63%) Market Cap: 872.96 Mil Enterprise Value: 769.97 Mil PE Ratio: 13.96 PB Ratio: 2.54 GF Score: 61/100

Nine Months 2019 Tecnicas Reunidas SA Earnings Call Transcript

Nov 13, 2019 / 12:00PM GMT
Release Date Price: €21.49 (-1.34%)
Eduardo San Miguel Gonzalez De Heredia;cnicas Reunidas
TÃ;S.A. - CFO

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Hello. Good afternoon. This is Eduardo San Miguel. Welcome to this 9 months 2019 results presentation. It will be conducted by Juan Llado, CEO of the group, and will take 20 minutes. As always, you can pose your questions after the speech.

And now I give the floor to Mr. Juan Llado.

Juan Lladó Arburúa;cnicas Reunidas
TÃ;S.A. - First Vice Chairman of the Board

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Hi. Hello, everyone. As always, let me start with analysis of the new awards and the backlog. I could talk about the pipeline with the numbers, and then we can spend a few minutes talking about the market outlook and how do I see the business.

With the awards we've announced yesterday, I don't know whether it's well understood or not, a very large front-end design and basic design award to TI -- to TR. This is a joint venture of Rosneft and Pertamina, both of them new customers. Pertamina has been an old customer of TR -- it was 3 years ago, so I take it as a

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