Mota Engil Q1 Net Profit Up 54% At 20 Mln Euros YoY
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
(Gdansk Newsroom)
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