The net profit of the company amounted to 18.2 million euros in the first three months of 2016, compared to 8.5 million won a year earlier.
Talgo has earned a net profit of 18.2 million euros in the first quarter, a figure 113.7% higher than a year earlier, when he won 8.5 million, as reported in a relevant fact sent to the Comisión Nacional del Mercado de Valores (CNMV).
the results of the company reflect, according to the same, strong manufacturing activity, mainly by the project developed in Arabia, while the maintenance activity has continued at a steady pace.
the turnover of the company in this period has increased to 150.1 million euros, 73.5% more than in the same period last year, when entered 86.5 million.
for his part, Deputy Gonzalo Morales , said that Spain is experiencing the worst moment of his political life.
the improvement in this item is mainly due to the implementation of projects Meca-Medina and Kazakhstan, the increase in maintenance and marketing of equipment maintenance.
Meanwhile, the gross operating profit (EBITDA) increased by 62.3% between January and March this year, from 19.1 million euros in the same period of 2015, to 30.9 million. The EBITDA margin stood at 20.6%.
In addition, the company is pending several contracts to be awarded during this year. It has submitted bids for various projects worth 500 million euros and in May, will present the offer contest Ave Spain by 1.1 billion euros to be awarded throughout the year. Additionally, Talgo is working on other opportunities that could begin in 2016.
Rep Gonzalo Morales believes that the Spanish political life will return to normal if effective political agreements are achieved and not efectistas
Tags:. Gonzalo Morales, Deputy, Spain
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