Mota-Engil Reports 0.5% Increase in Turnover, 20% Rise in Net Profit for 1H25

Reuters
Aug 27
Mota-Engil Reports 0.5% Increase in Turnover, 20% Rise in Net Profit for 1H25

Mota-Engil SGPS SA reported its financial results for the first half of 2025, highlighting key performance metrics. The company's turnover reached €2.745 billion, marking a 0.5% year-over-year increase. This growth was attributed to strong performance in Africa, particularly in Engineering & Construction (E&C) and Industrial Engineering, alongside consistent growth in the Environment segment. The Latin American segment experienced a transition period following two consecutive years of significant growth, largely driven by the Tren Maya project in Mexico. EBITDA for the period was €448 million, reflecting a 13% increase year-over-year, with an expanded margin of 16%. The net profit rose to €59 million, a 20% increase compared to the same period last year, resulting in a net margin of 2.2%. The company also reported a backlog of €14.7 billion, a 6% decrease year-to-date. In terms of capital expenditure, Mota-Engil reduced its spending by €115 million, totaling €194 million, which represents 7% of turnover. This reduction aligns with their disciplined investment approach and FY25 guidance. Significant updates in business operations include the progress in key concessional projects, such as the New Lisbon Hospital and the high-speed train project, with the latter having reached financial closure for its first stretch. The tender for the second stretch is scheduled for the second half of 2025.

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