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Elecnor closed first quarter with profit of 25.4 million

Elecnor a. Received Net Profit 25.4 million euros in the first quarter of the year, up 18% compared to the…

By admin , in news , at May 9, 2022



Elecnor a. Received Net Profit 25.4 million euros in the first quarter of the year, up 18% compared to the same period in 2021, the company told the National Securities Markets Commission (CNMV) on Monday.

Group sales up 27.7% between January and March €672.6 millionWith double-digit growth in both domestic activity (+20.3%) and international sales, which grew by 36.3%, also representing 50% of the total.

projects in australia

Gross Operating Result (Ebitda) of elecanor The first quarter saw an increase of 53.3%, to 77.5 million euros, thanks to double-digit growth in both services and projects activity and the growth of Enerfín, which grew by 78.9%.

At the end of March, the group’s portfolio reached EUR 2,376 million, up from EUR 2,291 million in the previous year. The main projects that Elecnor took up during the first quarter are wind projects goyder 400 MW (MW) and Flyers Creek145 MW, both in Australia.