01_15592661854e92cf503d946.jpg 02_15709331394e92cf9750fe1.jpg 03_3523303084e92cf8aeebd8.jpg 04_13931115804e92cf8509862.jpg 05_4228292724e92cf6af0614.jpg 06_6734429884e92cf66597bb.jpg 07_793707304e92cecbb1b81.jpg 08_16943406704e92cf442d206.jpg 09_6326078014e92cf345a223.jpg 10a_9602400964e92cf173df3c.jpg 11_20180364584e92ceed677af.jpg 12_8096081004e92cf9dd9a71.jpg

MAIN INDICATORS

2011 RESULTS | HIGHLIGHTS

- Operating Revenues of 550 M€; Strong growth internationally

- EBITDA of 8.9 M€ and EBIT of -20.8 M€

- Weak operational performance at Metallic Constructions impacted by the restructuring plan under implementation during 2011 and from impairment loss accounted with the sale of the partnership in the US (Martifer – Hirschfeld Energy Systems)

- Net reported Profit attributable to shareholders of -49.6M€

- 4Q11 showed notable improvements; Quarter EBITDA margin of 7.3%

- Sustainable order books gives good visibility for 2012: in Metallic Construction 290 M€ and Solar 192 M€. Good commercial momentum in Brazil should offset Iberian market depression in the Construction sector

- Strengths and levers for market adaptation: Matching of Capacity and Flexibility

Principais indicadores

Relatório & Contas 2010