Elecnor SA

ENO

Equity

ISIN ES0129743318 / Valor 3982294

BME Bolsas y Mercados Espanoles - Renta Variable (2024-09-16)

EUR 18.50+0.43%

Elecnor SA
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About company

Elecnor SA is a prominent global corporation specializing in the development and construction of infrastructure projects. As a key entity within the Elecnor Group, the company leverages engineering and technology to deliver infrastructure, energy, and services worldwide, aiming to foster development and well-being in various territories. Elecnor's strategic focus on internationalization has significantly enhanced its global footprint, evidenced by substantial business volumes, an expanding workforce, and a growing portfolio of projects. The company's sustained growth in international markets is attributed to its proactive commercial strategies and the formation of strategic alliances with reputable partners.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Elecnor SA reported a significant increase in revenue for the third quarter of 2023. The company's net turnover from continuing operations reached €3,792.9 million, marking an 11.8% rise compared to the same period in the previous year. This growth reflects the company's robust performance across its various business segments.

EBITDA Performance

For the third quarter of 2023, Elecnor SA's EBITDA from continuing operations amounted to €204.9 million. This represents a substantial 38.8% increase from the previous year. The strong EBITDA performance underscores the company's operational efficiency and successful cost management strategies.

Net Profit

Elecnor SA achieved a net profit from continuing operations of €70.5 million in the third quarter of 2023. This is a 21.3% improvement over the €58.1 million recorded in the same period of the previous year. The increase in net profit highlights the company's ability to convert revenue growth into bottom-line gains.

Dividends

In the third quarter of 2023, Elecnor SA continued to reward its shareholders with dividends. The company declared a complementary dividend for the financial year 2022, reflecting its commitment to providing consistent returns to its investors. This move is indicative of Elecnor's strong financial health and shareholder-friendly policies.

Outlook

Looking ahead, Elecnor SA remains optimistic about its growth prospects. The company has a diversified portfolio of projects and continues to expand its presence in key markets such as renewable energy and infrastructure. The positive financial results for the third quarter of 2023 set a strong foundation for future growth and profitability.

Summarized from source with an LLMView Source

Key figures

25.0%1Y

88.4%3Y

77.0%5Y

Performance

21.7%1Y

23.2%3Y

25.7%5Y

Volatility