|
contents | news | |||||||||
| Acciona net profit up 40.8% in 2005 Madrid, 28 February 2006.- Acciona presented its 2005 earnings report to the National Securities Market Commission (CNMV). Net profit rose 40.8% in the period to 324 million euro. EBITDA increased by 30% to 743 million euro in 2005. EBIT totalled 512 million euro, a 44% increase. Revenues surged 19% to 4.853 billion euro due to growth in all divisions and mainly as a result of strong growth at Acciona Energy (+67.5%) and Acciona Urban & Environmental Services (+58.3%), due to the acquisition and consolidation of Ramel. The significant improvement in margins continued at Acciona Energy and Acciona Real Estate due to increased returns. In 2005, Acciona invested 1.292 billion euro to acquire 100% of EHN, make investments in Acciona Infrastructure and Acciona Real Estate, and acquire Ramel. write your comments about the article :: © 2006 Construction News :: home page |