Martifer released the 2021 annual results.

Here are the main highlights:

- Operating Income reached 228.7 M€ of which 125.2 M€ in Metallic Constructions, 91.7 M€ in the Naval Industry and 13.4 M€ in Renewables

- Turnover generated outside Portugal and exports amount to 79% of the total Turnover of the Group

- Positive EBITDA of 25.8 M€ (margin of 12.3% on Turnover)

- Positive Equity of 18.3 M€, with Equity attributable to the Group of 18.7 M€

- Gross Debt with a reduction of 9 M€ in relation to December 2020 to 111 M€. Net Debt was reduced in 7 M€ to 70 M€

- Net Debt/EBITDA 2.7x

- Gross Value Added amounted to around 57 M€, 27% of Turnover

- Order Book of 492 M€ in Metallic Constructions and in the Naval Industry

- Net Profit attributable to the Group of 11.3 M€

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Martifer SGPS SA published this content on 31 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2022 14:46:07 UTC.