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   Africa
In Africa, the Group achieved a turnover of 905 million euros, with sharp acceleration in the second semester, which looks likely to continue throughout 2019, thus maintaining
the significant growth observed since 2016 and that is expected to continue in the coming years, depending on the existing order book.
EBITDA in Africa was 192 million euros (21% margin).
It was a very positive year for sales with several projects in different
markets. The order book reached almost 2,750 million euros, 50% of the Group’s total. Therefore, we may anticipate positive future evolution
in this region, with Angola and Mozambique being the main markets, in a company that has a leadership position in sub‐Saharan Africa, with the growing relevance of a set of
more recent and increasingly relevant markets contributing to the Group.
Latin America
For the first time in history, the Group’s turnover exceeded 1 billion euros (13% growth) in Latin America, making this
Europe
1,226 M€ million euros
ORDER BOOK 859 M€
million euros
TURNOVER 71 M€
million euros
EBITDA
Africa
2,758 M€ million euros
ORDER BOOK 905 M€
million euros
TURNOVER 192 M€
million euros
EBITDA
Latin America
1,481 M€ million euros
ORDER BOOK 1,069 M€
million euros
TURNOVER 140 M€
million euros
EBITDA
MAIN INDICATORS 2018
      Turnover
(MILLION EUROS)
2,210
EBITDA
(MILLION EUROS)
         3,000 2,700 2,400 2,100 1,800 1,500 1,200
900 600 300
Turnover 2018
(MILLION EUROS)
38% 1,069
450 400 350 300 250 200 150 100
2,597
2,802
338 405
407
           50 00
2016
2017 2018
TOTAL
2,802 M€
2016 2017
2018
      30% 859
32% 905
Order Book 2018
(MILLION EUROS)
27% 1,481
TOTAL
22% 1,226
51% 2,758
    5,465 M€
        EUROPE
AFRICA
LATIN AMERICA
EUROPE
AFRICA
LATIN AMERICA
 SINERGIA 55 JULY 2019 07





























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