Tecnicas Reunidas SA (OTCPK:TNISF)
$ 7.75 0 (0%) Market Cap: 783.75 Mil Enterprise Value: 646.46 Mil PE Ratio: 11.25 PB Ratio: 2.42 GF Score: 77/100

Half Year 2021 Tecnicas Reunidas SA Earnings Call Transcript

Jul 30, 2021 / 09:00AM GMT
Release Date Price: $17.1
Eduardo San Miguel Gonzalez De Heredia;cnicas Reunidas
TÃ;S.A. - CFO

© -

Hello, good morning. This is Eduardo San Miguel.

Welcome to this first half 2021 results presentation that will be conducted by our Chairman, Juan Lladó. You can pose your questions after the speech. And now I give the floor to Mr. Juan Lladó.

Juan Lladó Arburúa;cnicas Reunidas
TÃ;S.A. - CEO & Executive Chairman

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Hi. Very good morning to you. I've been talking to all of you for 3 times a year and many years, 3 or 4 a year in many years. This is probably not an easy one.

So I'll try to put up the best of myself to explain where are we and where we're going. In this first slide. Okay. First of all, we're going to talk about what we call a challenging environment. Today, I mean the real challenging environment means our losses. I mean real losses because we had COVID losses on the first quarter, and now we've taken extraordinary provisions of $60 million.

Challenging the environment because, obviously,

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