Martifer released the 2022 annual results.

Here are the main highlights:

- Positive EBITDA of 25.8 M€ (margin of 13.6% on Turnover)

- Operating Income reached 211.5 M€ of which 122.0 M€ in Metallic Constructions, 69.6 M€ in the Naval Industry and 21.5 M€ in Renewables

- Order Book of 460 M€ in Metallic Constructions and in the Naval Industry

- Positive Equity of 35.1 M€, with Equity attributable to the Group of 35.0 M€

- Gross Value Added amounted to around 66 M€, 35% of Turnover

- Turnover generated outside Portugal and exports amount to 78% of the total Turnover of the Group

- Gross Debt with a reduction of 14 M€ in relation to December 2020 to 97 M€. Net Debt was reduced in 29 M€ to 41 M€

- Net Debt/EBITDA 1.6x

- Net Profit attributable to the Group of 13.3 M€