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The latest announcement is out from Tecnicas Reunidas ( (ES:TRE) ).
Técnicas Reunidas reported a record backlog of €14.928 billion in the first quarter of 2025, driven by significant project awards including the Lower Zakum project for ADNOC Offshore. The company’s financial performance showed strong growth with a 30% increase in sales and a 40% rise in EBIT compared to the previous year, reflecting robust operational execution and a solid financial position.
The most recent analyst rating on (ES:TRE) stock is a Buy with a EUR20.00 price target. To see the full list of analyst forecasts on Tecnicas Reunidas stock, see the ES:TRE Stock Forecast page.
More about Tecnicas Reunidas
Técnicas Reunidas is a company operating in the engineering and construction industry, primarily focusing on delivering large-scale projects in the oil, gas, and energy sectors. The company is known for its engineering services and high-quality execution, positioning itself as a key player in the global market.
Average Trading Volume: 236,745
Technical Sentiment Signal: Buy
Current Market Cap: €1.27B
See more insights into TRE stock on TipRanks’ Stock Analysis page.