Ezentis Reports Earnings Results for the First Nine Months of 2016
November 03, 2016
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Ezentis reported earnings results for the first nine months of 2016. For the period the company reported net result of EUR 1.2 million compared with loss of EUR 2.26 million in the same period of 2015. Revenues were EUR 214.6 million compared to increase 12.6% to EUR 257.2 million for third quarter of 2015. The company also reduced its leverage ratio, from 3.2 to 2.9 times net debt to EBITDA, which stood at EUR 22.7 million a 39% increase over the same period last year. This is due to the policy of cost containment, efficiency and productivity conducted by the company and the proper execution of contracts in progress. This EBITDA growth was 70% excluding the effects of currency exchange. Moreover, the EBITDA /Sales margin continues with sustainable development, from 7.2% in the first nine months of 2015 to 10.6% in September 2016.
Grupo Ezentis SA, also known as Ezentis, is a Spain-based company engaged in the infrastructure and telecommunications sectors. The Companyâs activities are structured into three segments: Telecommunications, Electricity and Others. The Telecommunications segment provides design, construction, operation, as well as maintenance services of fiber optic and mobile telephone networks, among others. The Electricity area offers a variety of services within the electric power infrastructure, such as assembly of transmission and distribution lines, installation of substations, smart grids and maintenance of public lighting network. The Others segment encompasses operations in water, oil and gas, as well as mining sector, including construction, repairs, inspections, project management, and engineering services, among others. Ezentis operates through Comunicaciones Y Sonido Mexico SA de CV, Ingenieria Celular Panamericana SA and Gts Thaumat XXI SA.
GRUPO EZENTIS, S.A. 
