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Mota-Engil Africa N.V.

Mota-Engil Africa N.V.

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Publicatie datum 19 mei 2015 - 23:16
Statutaire naam Mota-Engil Africa N.V.
Titel Earnings Release First Quarter 2015 Results
Bericht CONDENSED INFORMATION ON EARNINGS FOR THE FIRST QUARTER 2015 - Mota-Engil Africa, NV announces first quarter 2015 results. Highlights: • Turnover reached 187 million euros, for which SADC contributed with 59% • EBITDA margin at 18% in the quarter due to start-up of new projects • Net profit reached 2.3 million euros • Guidance for the FY of flat Turnover and EBITDA margin above the 20% threshold in the traditional markets remains unchanged • Capital expenditure at 5.4 million euros, positively impacted by assets’ disposals • Net debt, excluding leasing of 227 million euros • Backlog of 1,545 million euros with the contribution from the four regional segments, following several projects awarded during 2015 • Start of operations in Rwanda (East Africa) and new projects announced in April in Angola, Malawi, Mozambique, São Tomé and Príncipe and South Africa, totalling €565 million • A pipeline of USD 15.6 billion, across all countries, including the Sundance contract, supports expected growth ahead • After the listing in 2014, the Company is evaluating capital transactions, subject to market conditions, aiming at increasing the free-float

Datum laatste update: 05 maart 2024