Mota-Engil, SGPS Earnings Call Transcripts
Fiscal Year 2026
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The Focus 2030 plan targets €9 billion revenue by 2030, with 18%+ EBITDA margin and 25%+ free cash flow conversion. Growth will be driven by engineering, concessions, natural resources, and circularity, supported by disciplined capital allocation, asset rotation, and strategic partnerships.
Fiscal Year 2025
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Record EBITDA and net profit achieved despite turnover decline from project delays in Mexico and Portugal. Strong backlog, disciplined capital allocation, and robust financials support double-digit growth and stable margins for 2026, with continued focus on high-return projects and asset rotation.
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Record turnover and profitability in H1 2025, driven by strong African performance and disciplined investment, offsetting declines in Europe and Latin America. Backlog and cash flow reached new highs, with a focus on profitability and balance sheet strength for 2026.
Fiscal Year 2024
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Record 2024 results with turnover of EUR 5.95B, EBITDA margin at 16%, and net profit of EUR 123M. Africa drove profitability, industrial engineering achieved a 30% margin, and backlog hit EUR 15.6B. Outlook for 2025 is single-digit growth, with continued focus on high-margin segments.
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Record EBITDA and net profit growth in H1 2024, with strong backlog and cash flow. Core markets in Africa and Latam drive performance, while asset rotation and new contracts support a positive outlook for 2024 and beyond.