Tecnicas Reunidas (ES:TRE) has released an update.
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Técnicas Reunidas has reached a record-breaking portfolio of €12,387 million, with significant new contracts including major projects in the Middle East. The company reported a net profit of €65 million for the first nine months of 2024, marking a 58% increase from the previous year, driven by robust sales and improved operating margins. With a strong cash position and ongoing strategic collaborations, Técnicas Reunidas is poised for continued growth in the coming months.
For further insights into ES:TRE stock, check out TipRanks’ Stock Analysis page.