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Mota-Engil

Earnings Release Aug 8, 2019

1905_iss_2019-08-08_e1064103-03eb-470c-9074-a35447553d30.pdf

Earnings Release

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MOTA-ENGIL INFORMS ABOUT PRELIMINARY ECONOMICAL AND FINANCIAL INDICATORS REGARDING THE FIRST HALF OF 2019

(UNAUDITED INFORMATION)

  • Turnover1 increase circa of 7.5% YoY reaching €1.34 billion;
  • EBITDA2 increase circa of 10% YoY to €194 million with a solid and growing margin of 14.4%;
  • Backlog3 above €5.2 billion, of which 75% outside Europe;
  • Net debt4 arising to €1.07 billion, despite the strong CAPEX and the traditionally unfavourable working capital in the first half;
  • Capex of circa of €105 million.

As disclosed in the Investor Calendar, the full Interim Report will be publish at August 29, 2019, followed by a conference call to present the results.

Porto, August 8, 2019

THE REPRESENTATIVE FOR THE MARKET RELATIONS LUÍS SILVA

1 corresponds to the heading of "Sales and services rendered" of the consolidated income statement

2 corresponds to the algebraic sum of the following headings of the consolidated income statement: "Sales and services rendered"; "Cost of goods sold, materials consumed, Change in production and Subcontractors"; "Third-party supplies and services"; "Wages and salaries"; and "Other operating income / (expenses)"

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3 corresponds to the contracts awarded to be executed at the exchange rate of 30 June 2019

4 corresponds to the algebraic sum of the following headings of the consolidated statement of financial position: "Cash and cash equivalents without recourse – Demand deposits"; "Cash and cash equivalents with recourse – Demand deposits"; "Cash and cash equivalents with recourse – Term deposits"; "Other financial investments recorded at amortised cost"; "Loans without recourse" and "Loans with recourse"

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