Grupo SANJOSE increases its EBITDA by 43.3% to €74.8M

Grupo SANJOSE increases its EBITDA by 43.3% to €74.8M

The presence of Grupo SANJOSE in different international and business markets has allowed it, in the face of the anomalous situation generated by COVID-19, to close the 2020 financial year maintaining its activity at levels similar to those of the previous year, obtaining a net profit in the period for an amount of 22.1 million euros and total income of 962 million euros.

The behavior of the Group's Construction activity stands out, whose income generated in 2020 reached 867.6 million euros. The gross operating result (EBITDA) of the Construction activity stood at 52.5 million euros (31.8% higher than the EBITDA for the 2019 financial year).

At the close of 2020, Grupo SANJOSE has a total volume of the contracted portfolio of 1,821 million euros. It should be noted that the volume of contracts in the portfolio for the Construction business reaches 1,234 million euros and represents 68% of the Group's total portfolio

Grupo SANJOSE strengthens its net cash position. As of December 31, 2020, the Group has a positive net cash of 194.2 million euros, which represents an improvement of 54.5% compared to the end of the 2019 financial year.

The Board of Directors has proposed the distribution of a gross dividend of 0.10 euros per share, representing a total of 6.5 million euros.

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