Group
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17/04/2019
Martifer presents 2018 annual results

Martifer published its earnings release. 

HIGHLIGHTS

Operating Income reached 217.4 M€ of which 125.7 M€ in Metallic Constructions, 82.2 M€ in the Naval Industry and 14.1 M€ in Renewables;

Revenue generated outside Portugal and exports total more than 66% of the Group's total Revenue;

Significant improvement in operational performance with EBITDA reaching 15.2 M€ (margin of 7.6% on Revenue) which represents an increase of 79% compared to the homologous period (8.5 M€ in 2017);

Gross Added Value of about 48 M€ which means 24% of Revenue that represents a significant increase of productivity;

Net Profit attributable to the Group of 1.3 M€;

Gross Debt with a 17 M€ decrease compared to December 2017 to 219 M€ and Net Debt with a decrease of 3 M€ to 186 M€;

Order Book in Metallic Constructions and Naval Industry of 373 M€, the most robust in the last 5 years.