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Martifer — Earnings Release 2018
Aug 30, 2018
1938_iss_2018-08-30_9c62a4d7-bc90-47b8-997b-8c35b37b6d5c.pdf
Earnings Release
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EARNINGS RELEASE 1H 2018
DISCLAIMER
This Document (13 pages) was prepared by Martifer SGPS, S.A. exclusively for the present disclosure. The financial information herein has not been audited.
All communications, enquiries and information requests relating to this document should be addressed to the Martifer SGPS, S.A. representatives.
HIGHLIGHTS
- Revenues reached 104.1 M€, of which 56.3 M€ in Metallic Constructions, 43 M€ in the Naval Industry and 5.6 M€ in Renewables
- Turnover generated outside Portugal and exports represent about 70 % of the Group's total turnover
- Positive EBITDA in 5.8 M€ (margin of 6 %)
- Net Profit attributable to shareholders of 0.4 M€
- Net Debt with a 3 M€ decrease compared with December 2017 to 186 M€
- Order Book in Metallic Constructions and Naval Industry of 297 M€
RESULTS
| (unaudited) | |
|---|---|
| M € |
MARTIFER CONSOLIDATED |
| Revenues | 104.1 |
| EBITDA | 5.8 |
| EBITDA margin | 6.0 % |
| Depreciation & Amortization | -4.5 |
| Provisions & Impairment Losses | 2.8 |
| EBIT | 4.2 |
| EBIT margin | 4.3 % |
| Financial Results | -3.7 |
| Results in associates and joint ventures | 0.3 |
| Profit Before Taxes | 0.8 |
| Taxes | -0.6 |
| Net Profit | 0.2 |
| Attributable to non -controlling interest |
-0.2 |
| Attributable to shareholders | 0.4 |
6 EARNINGS RELEASE 1H 2018
HIGHLIGHTS
CAPEX AND NET DEBT
Total Capex of 1.4 M € , of which 0.9 M € of Metallic Constructions and 0.5 M € of Renewables, being in this last segment mostly applied in the development of wind and solar projects in Central Europe and Latin America .
Holding
Renewables
Metallic Constructions + Naval Industry
BALANCE SHEET
8 EARNINGS RELEASE 1H 2018
HIGHLIGHTS
RESULTS ANALYSIS ORDER BOOK
METALLIC CONSTRUCTIONS + NAVAL INDUSTRY | ORDER BOOK
TOTAL ORDER BOOK
297 M€
RESULTS ANALYSIS
METALLIC CONSTRUCTIONS + NAVAL INDUSTRY | OPERATIONAL ACTIVITY
The Metallic Constructions and the Naval Industry currently have several relevant projects in their order book:
MARTIFER RENEWABLES | PROJECTS
12 EARNINGS RELEASE 1H 2018
HIGHLIGHTS RESULTS ANALYSIS
REPRESENTATIVE FOR MARKET RELATIONS
Pedro Moreira
T. +351 232 767 700 F. +351 232 767 750