- Revenues for the first half of 2023 amounted to €141 million, an increase of 157% compared to the same period of the previous year.
- Order intake reached €160 million compared to €42.1 million in H1 2022.
Duro Felguera has published its results for the first half of 2023, a period with a very positive evolution of the main figures, which reflects the new stage of growth that the company is going through.
Thus, the evolution of the revenues for the first half of 2023 amounted to EUR 141,056 thousand, representing an increase of 157% compared to those produced in the first half of 2022 and 20% compared to revenues for 2022, which amounted to EUR 117,185 thousand in the year, mainly due to the increase in revenues in the services activity, but also due to the growth in energy and industry.
Order intake for the period amounted to EUR 160 million, compared to EUR 42.1 million in the previous year, an increase of 282%. The contract backlog at the end of the first half of 2023 amounted to EUR 564.5 million, which mainly corresponds to international projects.
The operating result has increased from EUR 358 thousand in the first half of the financial year 2022 to EUR 3,805 thousand in the first half of the financial year 2023, which is a significant improvement on the trend of recent years, which highlights the work that the Group has been doing despite the complex geopolitical environment in which we find ourselves.
Ebitda for the period amounted to 6.5 million euros, while the parent company’s net profit amounted to 1.6 million euros.
With regard to the share capital increase agreed by the General Meeting of 13 April 2023 for the incorporation of Grupo Promotor de Desarrollo e Infraestructura, S.A. de C.V. and Mota-Engil México, S.A.P.I. de C.V. as industrial partners of Duro Felguera, the process is progressing appropriately. Their entry will open windows of opportunity with new industrial projects and will provide synergies for business expansion and growth in international areas, strengthening Duro Felguera’s position in the market.