On a lfl basis, that is excluding the extraordinary results obtained in 2016 (€21m in 2016), the increase in net income is 32%, which is outstanding. The backlog increased by 58%, which testifies that Sacyr has a strong future ahead. In November 2017, Sacyr successfully secured financing for the Pedemontana-Veneta motorway.
29 Mar 2018
FY17: backlog grows by 58%, 32% increase in adjusted net income
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FY17: backlog grows by 58%, 32% increase in adjusted net income
Sacyr SA (VHM:STU) | 0 0 2.6% | Mkt Cap: 1,382m
- Published:
29 Mar 2018 -
Author:
Felix Brunotte -
Pages:
3
On a lfl basis, that is excluding the extraordinary results obtained in 2016 (€21m in 2016), the increase in net income is 32%, which is outstanding. The backlog increased by 58%, which testifies that Sacyr has a strong future ahead. In November 2017, Sacyr successfully secured financing for the Pedemontana-Veneta motorway.