Founded in 1946, Mota-Engil is a leading Portuguese company specializing in construction, engineering, and environmental sectors. With a global presence spanning Europe, Africa, and Latin America, Mota-Engil has established itself as a major player in large-scale infrastructure projects. The company is recognized for its ability to execute complex projects in diverse environments, leveraging a strategy of growth and international diversification.
Strong performance in Q1 2024
Mota-Engil started 2024 on a positive note with a robust performance in the first quarter. Revenue increased by 7%, reaching €1.352 billion, while EBITDA rose by 22% to €196 million. These results reflect improved profitability across all business segments and demonstrate the company’s resilience in a generally challenging economic environment.
Strategic impact of the Chinese shareholder
Since China Communications Construction Company (CCCC) acquired a 32.4% stake in 2021, Mota-Engil has strengthened its financial stability and gained privileged access to Asian markets. This strategic alliance has enabled the company to secure major international contracts, particularly in transportation infrastructure and mining projects in Africa and Latin America. Collaboration with CCCC is a significant asset for Mota-Engil's global development.
Sustained growth and diversification
In recent years, Mota-Engil has experienced significant growth, driven by diversified activities to meet increasing demand in key markets, particularly in Africa and Latin America. In 2023, the company saw substantial revenue growth, supported by large infrastructure projects.
Strengthened global presence
Mota-Engil has established itself as a major global player, with a strong presence in Africa, generating nearly 50% of its revenue, as well as in Latin America and Europe. This geographic diversification allows the company to mitigate risks associated with reliance on a single market while capitalizing on opportunities in various regions around the world. The company continues to consolidate its position in Africa while actively expanding in Latin America, with significant projects in Mexico, Brazil, and Peru.
Conclusion
With a well-defined geographic expansion strategy and the support of a powerful shareholder like CCCC, Mota-Engil is well-positioned to maintain its growth momentum. The strong results from Q1 2024 and the continued diversification of its activities underscore the company’s ability to navigate a competitive sector and seize international opportunities.
You will find attached to this article the presentation file for Mota-Engil.
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