Revenue by Segment

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Metallic Construction (Exclude Naval Industry)		139.42M	136.32M	112.39M	109.97M	103.32M
Metallic Construction (Exclude Naval Industry) Growth		2.27%	21.29%	2.21%	6.43%	-32.75%
Ship Building		105.83M	62.65M	69.38M	91.30M	118.45M
Ship Building Growth		68.92%	-9.70%	-24.01%	-22.92%	21.84%
Renewable		12.30M	14.71M	10.57M	9.84M	6.58M
Renewable Growth		-16.38%	39.10%	7.44%	49.61%	-45.78%
Other		2.36M	2.03M	2.28M	1.53M	1.35M
Other Growth		16.03%	-10.79%	49.44%	13.22%	36.15%
Intersegment Eliminations		-4.62M	-3.95M	-3.91M	-3.22M	-3.33M
Unallocated Works for The Company		-665.22K	-88.49K	-314.30K	-85.67K	-239.92K
Total		254.61M	211.67M	190.40M	209.32M	226.12M
Total Growth		20.29%	11.17%	-9.04%	-7.43%	-4.15%

Revenue by Geography

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Portugal		153.97M	117.63M	120.08M	138.63M	146.88M
Portugal Growth		30.89%	-2.05%	-13.38%	-5.62%	-4.93%
Spain		9.56M	8.11M	-	-	-
Spain Growth		17.85%	-	-	-	-
France		16.42M	33.14M	-	-	-
France Growth		-50.46%	-	-	-	-
Romania		9.45M	12.54M	-	-	-
Romania Growth		-24.70%	-	-	-	-
Polond		2.47M	3.97M	-	-	-
Polond Growth		-37.77%	-	-	-	-
United Kingdom		34.86M	17.05M	-	-	-
United Kingdom Growth		104.50%	-	-	-	-
Angola		11.10M	7.87M	-	-	-
Angola Growth		41.07%	-	-	-	-
Saudi Arabia		4.19M	6.87M	-	-	-
Saudi Arabia Growth		-38.97%	-	-	-	-
Belgium		8.05M	4.50M	-	-	-
Belgium Growth		78.61%	-	-	-	-
Mozambique		4.56M	-	-	-	-
Other Markets		-	-	13.18M	12.07M	9.08M
Other Markets Growth		-	-	9.13%	32.99%	-3.63%
Rest of Europe		-	-	57.14M	58.62M	70.16M
Rest of Europe Growth		-	-	-2.52%	-16.45%	-2.56%
Total		254.61M	211.67M	190.40M	209.32M	226.12M
Total Growth		20.29%	11.17%	-9.04%	-7.43%	-4.15%

Source: S&P Global Market Intelligence.