Group
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29/08/2019
Martifer SGPS, S.A. informs about the Earnings Release regarding the first half of 2019

Martifer published its earnings release regarding the first half of 2019

HIGHLIGHTS

- Operating Income reached 115.6 M€ of which 69.5 M€ in Metallic Constructions, 40.8 M€ in the Naval Industry and 6.2M€ in Renewables;

- Revenue generated outside Portugal and exports total more than 70% of the Group's total revenue;

- Positive EBITDA in 8.2 M€ (margin of 7.3%);

- Net Profit attributable to the Group of 5.4 M€;

- Net Debt with a 3,4 M€ decrease compared to December 2018 to 182 M€ (169 M€ excluding financial leasings which, due to the adoption of IFRS 16 in 2019, are now included in the item liabilities of leases);

- Order Book in Metallic Constructions and Naval Industry of 324 M€.