TSK Annual report“15 I 11
02 Corporate Strategy Three facts stand out in the year 2015 that have allowed us
tional level, from a technological and economic point of view,
to consolidate as one of the reference companies in the engi-
such as a 260 MW photovoltaic plant in Dubai, a 50 MW ther-
neering and industrial construction sector:
mosolar plant in Kuwait or 14 substations in Guatemala.
1. The excellent results achieved in Project execution.
Our balance sheet continues showing great strength, as the net equity compared to our sales or compared to the com-
2. The level of globalization reached.
pany’s net financial debt exceeds that of any other company from our sector.
3. The remarkable progress made in the technological capability of our company
In a business analysis we can point out that during 2015, the Electrical Infrastructure’s business line reached 200 million
We closed 2015 with the highest backlog level we have
euros in sales, the Energy and Industrial Plants line hit 460
ever had; over 1500 million euros, sales close to 750 mil-
million euros and the Handling business line achieved 80
lion euros, 97% out of Spain and a net equity of over 300
million euros. By geographical areas, America meant 35% of
million euros. All this with a more than ever diversified
the sales, Africa 25%, Middle East 20%, Asia 17% and Spain
production, geographically and by business lines, which
3%, with projects currently under execution in more than 25
allows us to face the next years with security and confi-
countries.
dence. During the year 2015, we have rearranged all our stakes Once again we must highlight the commercial strength of our
in solar plants in our subsidiary ESERSA, which will be in
company, reaching a contracting value of way over 1,000 mil-
charge from our control center in Gijón of the operation their
lion Euros, with projects of great significance at an interna-
own plants as well as those of our clients.
