Elecnor (ENO) Q1 2025 earnings summary

Executive summary

• Net profit from continuing operations rose 54.7% year-over-year to €25.0 million for Q1 2025.

• Consolidated turnover increased 12% year-over-year to €897.3 million, with EBITDA up 26.4% to €54.4 million.

• Production portfolio executable in the next 12 months reached €2,995.2 million, up 10.6% from end-2024, with 70% international exposure.

• Major activities are split into Services, Projects, and Concessions and own projects, each managed separately.

Financial highlights

• Turnover: €897.3 million (+12% year-over-year).

• Net profit: €25 million (+54.7% year-over-year).

• EBITDA: €54.4 million (+26.4% year-over-year).

• Discontinued operations in Q1 2024 contributed €14.3 million, making last year's total profit €30.5 million.

• International business represents 70% of the production pipeline.

Outlook and guidance

• Activities expected to benefit from energy transition, urban planning, digitalisation, and sustainability trends.

• Strong contract portfolio and favorable market conditions to support continued leadership and profitability in 2025.