Sacyr SA

Latest Results (09.10.2025):

Sacyr SA reported its financial results for the first quarter of 2025, showcasing increased operating cash flow and improved EBITDA-to-cash conversion rates. Despite a slight decline in EBITDA, the company achieved growth in revenue and net profit, while maintaining a strong investment stance in its P3 asset portfolio.

Operating Cash Flow Growth

Sacyr SA generated €240 million in operating cash flow in Q1 2025, marking an 8% increase compared to Q1 2024. This surge underscores the company’s ability to enhance value creation through its robust asset management.

Improved EBITDA-to-Cash Conversion

The Group achieved an 80% EBITDA-to-cash conversion rate between January and March 2025, up from 65% in the same period of 2024. This improvement highlights Sacyr SA’s efficiency in converting earnings into cash flow.

Revenue and Profit Performance

In Q1 2025, Sacyr SA reported revenues of €1,059 million, a 6.5% increase from Q1 2024. Net profit rose by 5.2% to €27 million, while EBITDA decreased by 11.4% to €301 million.

Significant Investment in P3 Assets

The company’s net equity invested in P3 assets reached €1,920 million, supported by a record quarterly investment of €135 million. This investment fortifies Sacyr SA’s portfolio, ensuring long-term growth and stability.

Maintained Debt Ratios

Sacyr SA successfully maintained its recourse net debt below 1x EBITDA, with recourse net debt rising to €276 million at the end of March due to record equity investments. This aligns with the company’s commitment to financial prudence.

Shareholder Remuneration

The company distributed a scrip dividend of €0.078 per share in January 2025, with 87% of shareholders opting for payment in shares. Additionally, a gross cash dividend of €0.045 per share is scheduled for July 2025, fulfilling the 2024-2027 Strategic Plan commitment.