2018 FINANCIAL RESULTS

2018 year-end figures confirm the positive development of the company, which is reflected in the following information:

– Growth in contracts and turnover.

– Progressive reduction of business leverage and

– Maintenance of the level of solvency

The following are our main financial figures:                                                     This year’s sales figures are double last year’s, to more than €20 million.

2018 FINANCIAL RESULTS - DETEA, Obras, Construcción e Ingeniería

The number of signed contracts with leading customers has reached € 40MM and operations stand at € 6MM. 

  • EBITDA grows by 25% and stands at 4% over sales, which is in line with the projected profitability levels.

  • The net result (BDI) is positive, close to 2% over sales.

  • Solvency maintains the high levels achieved before, with a working capital of more than € 4MM. Nearly all of them in assets.

  • Financial debt evolves in line with expectations. The company duly meets all  its obligations in time  with a permanent reduction in leverage.

  • 80% of the financial debt maturities stand between 2020 and 2025. 2019 maturity (€ 1.5MM) has already been complied met to date.

Please click the button below to access Detea’s 2018 Annual Accounts