AI assistant
Mota-Engil — Earnings Release 2016
Mar 15, 2017
1905_iss_2017-03-15_c12fbb1a-6817-4dae-bfe2-c15f9280defd.pdf
Earnings Release
Open in viewerOpens in your device viewer
Trading update FY 2016 2017, March 15
NET DEBT1 €1.2 BILLION (down 16% yoy)
EBITDA2 MARGIN 15% (flat yoy)
TURNOVER 2.2 BILLION
(down 9% yoy up 4% excluding Forex)
BACKLOG3 €4.4 BILLION
CAPEX €67 MILLION
INTERNATIONAL BACKLOG €4.0 BILLION
Important information and Notes
FY2016 non audited figures (vs FY2015 audited figures)
1 NET DEBT: algebraic sum of the following captions of the consolidated balance sheet: "Cash and cash equivalents without recourse - demand deposits"; "Cash and cash equivalents with recourse - demand deposits"; "Loans without recourse"; "Loans with recourse". Leasing and factoring operations established by the Group are not recorded in the captions aforementioned.
2 EBITDA: algebraic sum of the following captions of the consolidated income statement: "Sales & services rendered"+ "Other revenues "; "Cost of goods sold, mat. cons., changes in production & subcontractors"; "Third-party supplies & services"; "Wages and salaries"; "Other operating income/(expenses)".
3 BACKLOG: turnover to be booked in the future related to projects for which contracts have been signed or awarded and for which the client has secured funding (as of 31/12/2016)
4 CAPEX: net investment (acquisitions less disposals).