Tecnicas Reunidas, S.A. Earnings Recaps
Q3 2025
Nov 8, 2025
Técnicas Reunidas reports strong performance in the first nine months of 2025, driven by robust growth in engineering services and ambitious targets in renewable energy sectors.
Key takeaways
- Engineering services revenue is projected at €230 million for 2025, with a target of €500 million by 2028.
- The company aims for yearly revenues exceeding €1 billion in the Power business by 2028, bolstered by a strong backlog and commercial pipeline.
- Strategic alliances, particularly in North America with Zachry, position the company well in LNG and decarbonization projects.
- A current project pipeline of €86 billion reflects significant growth opportunities across all regions, with North America capturing 33% of this total.
- The unique partnership with Sinopec for the Yanbu Green Hydrogen cluster highlights the company’s commitment to leadership in green energy initiatives.