Martifer SGPS, S.A. (ELI:MAR)

Revenue by Segment

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

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 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Metallic Construction (Exclude Naval Industry)	147.90M	139.42M	136.32M	112.39M	109.97M
Metallic Construction (Exclude Naval Industry) Growth	6.09%	2.27%	21.29%	2.21%	6.43%
Naval industry	129.11M	105.83M	62.65M	69.38M	91.30M
Naval industry Growth	22.00%	68.92%	-9.70%	-24.01%	-22.92%
Renewable	10.58M	12.30M	14.71M	10.57M	9.84M
Renewable Growth	-13.93%	-16.38%	39.10%	7.44%	49.61%
Other	2.42M	2.36M	2.03M	2.28M	1.53M
Other Growth	2.63%	16.03%	-10.79%	49.44%	13.22%
Intersegment Eliminations	-4.67M	-4.62M	-3.95M	-3.91M	-3.22M
Unallocated Works for The Company	-2.56M	-665.22K	-88.49K	-314.30K	-85.67K
Total	282.80M	254.61M	211.67M	190.40M	209.32M
Total Growth	11.07%	20.29%	11.17%	-9.04%	-7.43%

Revenue by Geography

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

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 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Portugal	177.70M	153.97M	117.63M	120.08M	138.63M
Portugal Growth	15.41%	30.89%	-2.05%	-13.38%	-5.62%
Spain	10.94M	9.56M	8.11M	-	-
Spain Growth	14.52%	17.85%	-	-	-
France	10.81M	16.42M	33.14M	-	-
France Growth	-34.14%	-50.46%	-	-	-
Romania	8.46M	9.45M	12.54M	-	-
Romania Growth	-10.43%	-24.70%	-	-	-
Poland	1.19M	2.47M	3.97M	-	-
Poland Growth	-51.82%	-37.77%	-	-	-
United Kingdom	52.24M	34.86M	17.05M	-	-
United Kingdom Growth	49.86%	104.50%	-	-	-
Angola	11.04M	11.10M	7.87M	-	-
Angola Growth	-0.53%	41.07%	-	-	-
Saudi Arabia	720.21K	4.19M	6.87M	-	-
Saudi Arabia Growth	-82.81%	-38.97%	-	-	-
Belgium	7.38M	8.05M	4.50M	-	-
Belgium Growth	-8.21%	78.61%	-	-	-
Mozambique	2.31M	4.56M	-	-	-
Mozambique Growth	-49.31%	-	-	-	-
Other Markets	-	-	-	13.18M	12.07M
Other Markets Growth	-	-	-	9.13%	32.99%
Rest of Europe	-	-	-	57.14M	58.62M
Rest of Europe Growth	-	-	-	-2.52%	-16.45%
Total	282.80M	254.61M	211.67M	190.40M	209.32M
Total Growth	11.07%	20.29%	11.17%	-9.04%	-7.43%

Source: S&P Global Market Intelligence.