The Mota-Engil order book will reach new records in 2022. The view was given by CEO Gonzalo Mora Martins, who points to projects in the range of 13 to 14 billion euros.
“We had an order book of $9.6 billion in the first half. Gonzalo Moura Martins explained at the presentation ceremony View construction company bondsindicating this year’s range between 13 and 14 billion.
In the first half of this year, Mota-Engil posted a net result of €12 million, the best result recorded in the past six years. The order book was then at an all-time high.
“Things were going really well. Having a surplus order book allows for wiser management,” Gonzalo Mora Martins stated, stressingGreat stability” for the ability to choose the markets in which you are located.
Mota-Engil issued €70 million in five-year bonds to 4,308 individual and institutional investors. The operation gave the company a cash inflow, excluding the total costs of the operation, of 55,149,500 euros, which will serve to finance the current activity and international expansion.
The CEO said, “We are fine with the number of countries we are in, some of them may even go down. But it is a broad business.” “The growth this year is very important and what is expected for next year is also very important. I don’t care about new markets.”
Emily Brontë is a journalist and feature writer specialising in culture, entertainment, literature, and current affairs. She is dedicated to producing clear, accurate reporting that helps readers stay informed about developments in the UK and around the world.
