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13
MARCH 2014
TURNOVER
2012
2013
Europe
1,231.9
911.1
-26%
Africa
728.8 1,008.9
38%
Latin America
313.9
426.1
36%
Others, Elim. & Intragroup
-31.4
-32.5
TOTAL
2,243.2
2,313.7
3%
EBITDA
2012
2013
Europe
120.1
85.5
-29%
Africa
136.5
244.2
79%
Lain America
33.4
35.5
6%
Others, Elim. & Intragroup
-2.5
-2.3
TOTAL
287.5
362.8
26%
During the period in question the
European region represented a turnover
of 911 million euros, which corresponds
to a decrease in business of 26% compared
to the same period last year, which results
greatly from the 36,5% decrease in the
region’s Engineering and Construction
sector.
In terms of operating profitability,
despite the reduction of the EBITDA’s
absolute value in 28,8%, the European
region maintained the margin above 9%.
In Africa, which has shown a strong
business growth of 38%, the Group
reaches for the first time a turnover
above 1 billion euros, emphasizing also
the region’s EBITDA which increased
79% to 244 million euros compared to
the same period last year.
With over 1 billion euros turnover, Africa
becomes the region contributing the most
to the Group’s performance, with the
construction area tripling the turnover in
Portugal, a scenario which clearly shows
the ongoing change over the last few years
in the organization’s profile.
Regarding Latin America, the region
increased its turnover by 36% to 426
million euros, even though the EBITDA
margin has fallen residually due to the
investment recently made to expand and
diversify operations in this region.
In Latin America the order book above
1.300 million euros is also noteworthy, an
unprecedented sum, representing a 55%
increase compared to the value reached
by the end of 2012, thus noting a strong
commercial dynamic and increasing
assertion of the Mota-Engil brand in the
region.
With the quality of the performance shown
in 2013, once again, the Mota-Engil Group
achieved the annual targets set towards its
shareholders and stakeholders.
ORDER BOOK
31 december 2013
Total: 3,870 million euros
E&C Europe A&S Europe
Africa
Latin America
2011
2012
2013
TURNOVER
GROUP
35%
42%
8%
15%
2013RESULTS
2013
% VPS
2012 % VPS
TURNOVER
2,313,702
3.1% 2,243,167
EBITDA
362,839 15.7%
26.2%
287,455 12.8%
EBIT
242,876 10.5%
41.9%
171,180 7.6%
Net financial income
(106,243) (4.6%)
(28.8%)
(82,483) (3.7%)
Net income/losses from
equity method
(1,451) (0.1%) (106.5%)
22,346 1.0%
Income before taxes
135,182
5.8%
21.7%
111,044 5.0%
Net income
88,468
3.8%
19.5%
74,007 3.3%
Attributable:
Non-controlling interests
37,964
1.6%
14.1%
33,261 1.5%
Group
50,505
2.2%
24.0%
40,746 1.8%
Millions euros
2011
33.4
40.7
50.5
2012
2013
75
50
25
0
Million euros