Grupo Vallalba closed 2021 with a turnover of 131 million euros

Valalba Groupholding company of the company Martinez Berna family and what do you have in the construction company CHM to its parent company, the year corresponding to 2021. 3.5% improvement in turnover and although he saw himself After-tax profit of up to 3.8 million.

According to the information provided by the company itself, the group has issued a total invoice in 2021. € 131.03 million, approximately 4.5 million more than in the previous year, “reinforcing the increasing sales trend in recent years.” This development is largely due to the fact that CHM, the holding’s parent company dedicated to public and private construction and infrastructure maintenance, managed to close the year with a good performance. 234 million euro portfolio of contracted works.

However, this improvement in billing did not translate into an increase in profits as higher material prices ultimately weighed in. Thus, compared to the approximately 5.5 million profit declared by the holding company in its 2020 accounts, the figure fell by about 30% last year. 3.8 millionaccording to data the firm reported this Monday.

The main projects of the group include the construction and operation of a building. Photovoltaic power generation park in the town of Es Mercadal (Menorca) will include an investment of close to 16 million euros. Likewise, within its real estate branch, it currently promotes and builds more than 150 homes in Benidorm and Alicante.

Concrete and aggregate manufacturing and sales, service station, hotel management and city services are other fields in which companies forming the holding company operate.

In addition to implementing a diversification strategy, the group has made significant investment in innovation and new assets that are more environmentally friendly over the past decade. The installation of photovoltaic panels in their facilities or the purchase of more efficient machines and tools are clear examples of this.

Source: Informacion

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