this shareholder change seems to sit well Alicante construction company Ecisaclosed last year first profit in almost ten yearsespecially since 2012. capital gains from sale railway infrastructure subsidiary, SteconferA transaction that is part of an operation by the Qatari fund El Alfia sold 100 percent of the company Urban group.
Ecisa’s turnover after the collapse of its income in 2020 as a result of the quarantine and the paralysis experienced by the sector in the following months, rose 70.9% throughout the last year until 61.6 million €According to accounts deposited by the Company in the Commercial Register. It’s phenomenal growth, but that’s still below the 73.1 million it registered in 2019 before the outbreak of the coronavirus.
The company’s work was focused last year, as those responsible for the construction company explained in the management report accompanying the balance sheets. refocusing the client portfolio towards more profitable business, refinancing debt to increase its liquidity and strengthen its synergies and benefits. integration into your new groupthis allowed him to have more resources and more job opportunities.
In this sense, the report itself shows that Ecisa had accumulated at the end of last year. Portfolio of works waiting to be executed worth €93 million, 76% of these would be realized this year.
This commercial progress result of exploitation, however, was not enough to break into positive territory. Of course, out of the 12.2 million negatives this indicator offered in 2020, only 568,000 negative euros went to the result.
However sale of shares Ecisa is located in Steconferwhich one 2.9 million positive impacts euro and its activation tax credits another two million euros, net result the company will end up with something profit more than three million euros, compared to a loss of 16.1 million in the previous year.
Here are some results that lead those responsible to be optimistic about the future. especially, predictions The company’s balance sheets indicate that it will reach a turnover of 98.7 million euros this year. 177 million by 2024 Likewise, it predicts a net profit of 4.7 million by 2022, which will exceed 10 million in two years. Of course, they didn’t want to clarify from the firm whether the uncertainty created by the war in Ukraine, which, among other things, was driving operating costs, changed these estimates.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.