Sacyr reported a good set of Q1 results, with revenue up by 13% and EBITDA over-proportionally up by 25%. The net result was down by 21% to €20m because Sacyr’s participation in Repsol is just in equity, and is no longer included in the P&L. The company is seeing cost inflation pressure in some of its projects but it continues to negotiateg with governments to get compensation for the additional costs.
05 May 2022
Q1 22: in the middle of persuading governments
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q1 22: in the middle of persuading governments
- Published:
05 May 2022 -
Author:
Sejal Varshney -
Pages:
2
Sacyr reported a good set of Q1 results, with revenue up by 13% and EBITDA over-proportionally up by 25%. The net result was down by 21% to €20m because Sacyr’s participation in Repsol is just in equity, and is no longer included in the P&L. The company is seeing cost inflation pressure in some of its projects but it continues to negotiateg with governments to get compensation for the additional costs.