The group emphasizes that the turnover in 2014 reached a total of 2.4 billion euros, of which 45% in Africa, while EBITDA (earnings before interest, taxes, depreciation and amortization) increased by 13% to 409 million euros.
order book, in turn, reached 4.4 billion euros, of which 45% and 32% in Latin America and Africa, respectively, and the construction debt to December 31, 2014 was EUR 1159 million , 187 million more than in the same period of 2013.
As for the financial results were in 2014, negative in 131 million euros, “which represented an increase of 25 million compared to the year 2013, essentially as a result of capital gains realized in 2013 on the sale of investments, and the change effect of exchange rate differences accounting method, “notes Mota-Engil.
For 2015, the company anticipates “growth of the consolidated turnover, supported the order backlog and the effort of internationalization and diversification” and also “improved margins in Europe, with contributions from all countries” to do so.
This will also be a year of transition in Africa, with a performance “based on stable margins in traditional markets”, and there will, anticipates the construction company, a “turnover growth supported in the order book in Latin America.”
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