//

// MANAGEMENT REPORT

  1. MARTIFER GROUP

    Message from the Board Highlights

    Key Financial Indicators Main Events

  2. GUIDELINES

    Activity

    International Presence History

    Market Environment

  3. FINANCIAL PERFORMANCE

    Consolidated Results Analysis Revenues

    EBITDA and Net Profit Consolidated Capex

    Consolidated Capital Structure Analysis

  4. ANALYSIS BY SEGMENT

    Metallic Constructions RE Developer

  5. INDIVIDUAL FINANCIAL INFORMATION

  6. MARTIFER SHARE PERFORMANCE

  7. FUTURE PROSPECTS

  8. MAIN RISKS

    Financial Risks Operational Risks Legal Risks

  9. PROPOSAL OF RESULTS ALLOCATION

  10. OTHER INFORMATION

    // MANDATORY INFORMATION

    // CONSOLIDATED FINANCIAL INFORMATION

  11. CONSOLIDATED FINANCIAL STATEMENTS

  12. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

2// ANNUAL REPORT 2016//

//

// INDIVIDUAL FINANCIAL INFORMATION

  1. INDIVIDUAL FINANCIAL STATEMENTS

  2. NOTES TO INDIVIDUAL FINANCIAL STATEMENTS

// CORPORATE GOVERNANCE REPORT

// AUDIT AND FISCAL REPORTS

This translation into English of the Portuguese document was done only for the convenience of non-Portuguese speaking shareholders. For all intents and purposes, the Portuguese version shall prevail.

// ANNUAL REPORT 2016// 3

//

4// ANNUAL REPORT 2016//

Martifer SGPS SA published this content on 23 May 2017 and is solely responsible for the information contained herein.
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