Home » Around the World

Mota-Engil’s net income grew by 25% in 2010, reaching €40 million

31 March 2011 No Comment

“Mota-Engil recorded a modified net income of €40.1 million in 2010, meaning a growth of 24.6% compared to 2009, according to information (…) sent by the Group to the Portuguese Securities Market Commission (CMVM). The modified net income already includes “profits and losses by Martifer and other non-recurrent effects”, according to the Company. Last year’s EBITDA (income before interest, tax, depreciation and amortisation) for the whole group reached €237.3 million (an increase of 20.9% compared to 2009). Regarding areas of business, this amount is divided into 67% for business areas related to engineering and construction, and 33% for environment and services.”

Source: “Diário de Notícias”, newspaper, 17/03/2011