Brief: Mota Engil Q1 Net Profit Up 54% At 20 Mln Euros YoY

Mota-Engil, SGPS

21/05/2024 06:18

May 21 (Reuters) - Mota Engil SGPS SA  MOTA.LS :
    * SAID ON MONDAY ITS Q1 TURNOVER 1.35 BILLION EUROS VERSUS
1.26
BILLION EUROS YEAR AGO
    * Q1 EBITDA 196 MILLION EUROS VERSUS 161 MILLION EUROS
    * Q1 NET PROFIT 20 MILLION EUROS VERSUS 13 MILLION EUROS
YEAR AGO
    * BACKLOG 14.21 BILLION EUROS AT END-MARCH VERSUS 12.94
BILLION
EUROS AT END-DECEMBER
    * POLAND NO LONGER INCLUDED IN BACKLOG FOLLOWING SALE
AGREEMENT OF
POLAND'S OPERATIONS
    * MAINTAINS 2024 GUIDANCE
    * RECORD BACKLOG ANTICIPATES GOOD VISIBILITY ON FUTURE
REVENUES
    * LARGE PROJECTS IN BACKLOG AND PIPELINE REASSURE
ACHIEVEMENT OF
2026 OPERATIONAL GOALS

        
 Source text: https://tinyurl.com/5n8un74w
 Further company coverage:  MOTA.LS  

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