Brief: Mota Engil FY Net Profit Up At 113 Mln Euros YoY

Mota-Engil, SGPS

05/03/2024 05:52

March 5 (Reuters) - Mota Engil SGPS SA  MOTA.LS :
    * FY TURNOVER 5.55 BILLION EUROS VERSUS 3.80 BILLION EUROS
YEAR
AGO
    * FY NET PROFIT 113 MILLION EUROS VERSUS 52 MILLION EUROS
YEAR AGO
    * FY EBITDA 837 MILLION EUROS VERSUS 541 MILLION EUROS YEAR
AGO
    * BACKLOG 12.94 BILLION EUROS AT END-DEC
    * FY TURNOVER IN AFRICA 1.52 BILLION EUROS VERSUS 1.18
BILLION
EUROS YEAR AGO
    * BOARD TO PROPOSE A DIVIDEND PER SHARE OF 0.1277 EUROS,
REPRESENTING A 50% DIVIDEND PAYOUT ON NET PROFIT ADJUSTED FOR
NON-RECURRING TRANSACTIONS
    * RATIO CAPEX/SALES EXPECTED TO BE C.9% IN 2024
    * SALE AGREEMENT OF POLAND'S OPERATIONS (AUTHORIZATIONS
EXPECTED
IN 1H24)
    * WELL POSITIONED TO ACHIEVE THE RECENTLY REVISED STRATEGY
TARGETS
FOR 2026

        
 Source text: https://tinyurl.com/yew4scdf
 Further company coverage:  MOTA.LS  

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