Financial Results Announcement

Ezentis returns to profits at 2014's 4th trimester

Madrid. February 27, 2015. Grupo Ezentis, a leading company at "last-mile" through Telecommunications, Electricity and Water services, is profitable again. The company, managed by Manuel García-Durán, has obtained for the first time since 2008 a positive result as it closes the last trimester of 2014 with a 0,4M€ income, as opposed to the 22,9M€ loss in the same period of the previous tax year.

The mentioned improvement is a direct consequence of the company's recurrent business strength. The EBITDA, which amounted to 8,5M€ over the fourth quarter of the year, has increased in a very significant way, whereas it recorded -1,4M€ in 2013's fourth quarter.
Regarding the profits, 2014's last quarter has had a positive impact on the annual Financial Results of the company too. In that sense, Ezentis has improved its accumulated financial results from the last 12 months and its losses have been reduced to -7,35M€. Quite a success when comparing it with the -40,8M€ obtained by the end of 2013.
This development has been achieved thanks to the strong commercial activity that Ezentis has performed, enabling the company to win contracts for 298M€ throughout 2013 and which will have an impact during the following tax years.
More than 90% of the projects agreed during this last period will be carried out in a market which is strongly flourishing, such as the Latin-American one. It is a geographic area in need of infrastructure construction and that Grupo Ezentis is about to fulfill by basing its business development there.
"I am convinced that this marks a milestone and means a change of trend for which we were all working at Ezentis. The bet we made on the development of a strong business model based on late-mile services exploitation in strongly-growing markets is now paying off and demonstrates that we are on the right path", has stated Grupo Ezentis' Chairman, Manuel García-Durán.

About Ezentis

Ezentis is a Spanish Industrial Services Group that contributes in Madrid and Bilbao stock markets; It has more than 9,000 employees and registers an annual billing of more than 200 million euros. GrupoEzentis business is based on "last-mile", which gets to everyone's home through Telecommunications, Electricity and Water services. Ezentis is a global company committed with "late-mile" in more than 15 million homes in Spain, Argentina, Chile, Peru, Brazil, Colombia, Panama, Jamaica and Haiti.

Para más información:

Luis Guerricagoitia lguerricagoitia@llorenteycuenca.com

Francisco Javier Romero fjromero@llorenteycuenca.com

91 563 77 22

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