Key information: • Revenue up by 4%. • EBITDA increased by 4% (Construction -35%, Concessions +10%, Services +13%, Industrial +17%). • EBITDA margin stable at 12.1%. • EBIT increased by 11%. • Net profit up by 8% and lfl by 41%. • Backlog increased by 14%. International backlog up by 35%. • Rotation of mature concession assets. • Exposure to variations of the Repsol share price totally covered through derivative transactions, retaining the potential ups
16 Nov 2017
Sacyr 9m 17: Somewhat disappointing results at top line and EBITDA levels
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Sacyr 9m 17: Somewhat disappointing results at top line and EBITDA levels
Sacyr SA (VHM:STU) | 0 0 2.6% | Mkt Cap: 1,382m
- Published:
16 Nov 2017 -
Author:
Felix Brunotte -
Pages:
3
Key information: • Revenue up by 4%. • EBITDA increased by 4% (Construction -35%, Concessions +10%, Services +13%, Industrial +17%). • EBITDA margin stable at 12.1%. • EBIT increased by 11%. • Net profit up by 8% and lfl by 41%. • Backlog increased by 14%. International backlog up by 35%. • Rotation of mature concession assets. • Exposure to variations of the Repsol share price totally covered through derivative transactions, retaining the potential ups