Sacyr reported a good set of Q1 results, with revenue up by 7% and EBITDA over-proportionally up by 17%. The company will continue to manage actively its exposure to Repsol via derivatives and has yet again stressed its willingness to reduce recourse debt. Pedamontana, Sacyr’s largest project, is expected to be completed by the end of this year and commissioned from next year.
07 May 2021
Q1 21: main focus on recourse debt, yet again
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Q1 21: main focus on recourse debt, yet again
- Published:
07 May 2021 -
Author:
Sejal Varshney -
Pages:
2
Sacyr reported a good set of Q1 results, with revenue up by 7% and EBITDA over-proportionally up by 17%. The company will continue to manage actively its exposure to Repsol via derivatives and has yet again stressed its willingness to reduce recourse debt. Pedamontana, Sacyr’s largest project, is expected to be completed by the end of this year and commissioned from next year.