EL7.AI
StocksMedium•13 November 2026•
3 min read

Técnicas Reunidas Revenue Reaches €4.794 Billion as It Sets €21 Million Interim Dividend

Key Facts

1Revenue reached €4.794 billion in the first nine months of 2026, up 4%.
2The order backlog reached a record €14.141 billion, up 23% year on year.
3The company announced an interim dividend of €21 million in January 2027.
4First-half net profit was €59 million, matching the same period a year earlier.

Técnicas Reunidas reported revenue of €4.794 billion in the first nine months of 2026, up 4% from the same period last year, when it recorded €4.596 billion, according to its results filing with Spain’s National Securities Market Commission. The company also announced an interim dividend of €21 million in January 2027, bringing distributions back onto its agenda. The announcement coincided with the order backlog reaching a record at the end of September, following an increase in new contracts during the nine-month period. The figures put revenue growth alongside an expanding business base, while the announced distribution represents a cash return to shareholders. The filing cited here did not provide a net profit figure for the first nine months.

The order backlog stood at €14.141 billion at the end of September 2026, up 23% from €11.541 billion at the end of September 2025. New contracts during the nine months totaled €7.552 billion, an increase of 98% from the same period a year earlier. The larger backlog gives an indication of the volume of contracts entering the company’s books, while the rise in new contracts points to a greater flow of awards during the period. Total awards reached €3.815 billion in the first nine months of 2025, according to the filing. In the first half of 2026, the company recorded €5.873 billion in new contracts, including €130 million in engineering services.

Revenue totaled €3.061 billion in the first half of 2026, up 12% from the first half of 2025, before reaching €4.794 billion for the nine months, a slower annual growth rate of 4%. In the first half, reported operating profit was €104 million, down 13% from the comparable period, and the EBIT margin fell to 3.4% from 4.4%. By contrast, underlying EBIT, excluding the provision, was €149 million, up 24% year on year, with a 4.9% margin. Net profit in the first half was €59 million, matching the level in the same period a year earlier. These indicators show a divergence between reported operating profit and underlying profit in the first half, while net profit remained at the comparable period’s level.

In its 2026 guidance, the company forecast revenue of more than €6.5 billion, an underlying EBIT margin above 5%, and underlying EBIT of more than €325 million. These targets come against the backdrop of nine-month revenue of €4.794 billion, while part of the company’s future activity is underpinned by the backlog recorded at the end of September. Chief Executive Juan Yadò said the company “does not expect additional provisions beyond those it recognized at the beginning of this year.” He added that logistics arrangements with customers are working effectively. The full-year guidance remains the company’s stated indicator for 2026 performance, while the €21 million interim dividend in January 2027 gives shareholders a specified future payment date.