With now a replenished backlog, management changed its tune from optimism (in getting new awards) to confidence (on successful delivery). This is, nonetheless, too early to announce a dividend, as management wants to see several quarters of positive cash flow first.
13 Nov 2019
Q3: margins to improve in 2020
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Q3: margins to improve in 2020
Tecnicas Reunidas SA (TRE:WBO) | 0 0 (-0.4%) | Mkt Cap: 1,410m
- Published:
13 Nov 2019 -
Author:
Kevin VO -
Pages:
2
With now a replenished backlog, management changed its tune from optimism (in getting new awards) to confidence (on successful delivery). This is, nonetheless, too early to announce a dividend, as management wants to see several quarters of positive cash flow first.