Financials Sacyr, S.A.

Equities

SCYR

ES0182870214

Construction & Engineering

Market Closed - BME Other stock markets 11:37:50 2026-02-13 am EST			5-day change	1st Jan Change
4.400 ^EUR	+0.09%		+3.33%	+13.81%

Feb. 12	Sacyr signs agreement with Built to develop construction projects in Australia	RE
Feb. 11	Sacyr Water wins three wastewater treatment plant contracts in Spain for 84 mln euros	RE

Projected Income Statement: Sacyr, S.A.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	4,548	4,675	5,852	4,609	4,571	4,716	4,794	4,968
Change	-	2.8%	25.16%	-21.23%	-0.83%	3.17%	1.65%	3.63%
EBITDA ¹	723.6	922.9	1,502	1,523	1,352	1,386	1,406	1,465
Change	-	27.54%	62.76%	1.41%	-11.23%	2.52%	1.45%	4.13%
EBIT ¹	467.1	768.2	1,303	1,251	1,245	1,169	1,211	1,268
Change	-	64.46%	69.57%	-4%	-0.48%	-6.06%	3.61%	4.71%
Interest Paid ¹	-274.3	-384.2	-549.9	-719.5	-666.5	-623.2	-643.8	-669.4
Earnings before Tax (EBT) ¹	236.2	33.68	515.3	469.5	429.5	474.6	557.9	587.3
Change	-	-85.75%	1,430.2%	-8.89%	-8.53%	10.5%	17.57%	5.25%
Net income ¹	35.7	-189.2	110.5	153.2	113.4	131.2	175.8	199.1
Change	-	-629.97%	158.42%	38.64%	-26.01%	15.74%	33.95%	13.29%
Announcement Date	2/26/21	2/25/22	2/24/23	2/29/24	2/27/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3
Net sales ¹	985.4	1,094	1,124	1,345	1,057	1,107	1,146	1,366	1,196	1,394	1,503	1,760	1,293	871.9	1,080	1,365	1,050	1,124	1,143	1,309	1,059	1,137	1,150
Change	-	11%	2.78%	19.6%	-21.39%	4.74%	3.5%	19.18%	-12.43%	16.54%	7.82%	17.12%	-26.55%	-32.54%	23.82%	26.46%	-23.07%	7.04%	1.67%	14.53%	-19.11%	7.37%	1.17%
EBITDA ¹	165.7	182.2	179.5	196.2	193.6	208.2	228.1	293	242.6	287.2	394.2	578.1	320	325	335.1	542.8	339.3	317.9	290.6	404.4	300.5	324.2	341
Change	-	10.02%	-1.5%	9.29%	-1.31%	7.54%	9.55%	28.44%	-17.19%	18.39%	37.24%	46.66%	-44.64%	1.54%	3.12%	61.97%	-37.49%	-6.3%	-8.58%	39.16%	-25.68%	7.87%	5.18%
EBIT ¹	133	109.8	143.4	80.93	153.3	171.7	188.2	256.2	176.7	252.8	332.5	540.7	272.8	306.2	266.6	405	290.3	309.3	270.8	374.1	242.2	202.5	287.3
Change	-	-17.42%	30.53%	-43.55%	89.41%	12.03%	9.62%	36.1%	-31.03%	43.05%	31.53%	62.64%	-49.55%	12.25%	-12.94%	51.9%	-28.31%	6.56%	-12.47%	38.17%	-35.25%	-16.41%	41.89%
Charge d'intérêts ¹	-	-76.95	-	-	-126	-111.7	-92.8	-	-135.1	-	-198.2	-173	-149.1	-204	-185.3	-181	-176	-173.9	-141.8	-174.8	-156.5	-148.2	-149
Earnings before Tax (EBT) ¹	24.57	66.56	27.06	118.1	53.34	72.39	83.3	-175.4	54.16	62.24	118.4	280.5	109.4	115.7	117	127.4	103.2	80.59	66.76	178.9	97.5	55.45	160
Change	-	170.94%	-59.34%	336.19%	-54.82%	35.73%	15.07%	-310.5%	130.89%	14.9%	90.23%	136.91%	-60.99%	5.74%	1.15%	8.86%	-18.98%	-21.91%	-17.16%	167.97%	-45.5%	-43.13%	188.55%
Net income ¹	32.17	37.96	-22.99	-11.44	25.55	14.72	19.97	-249.4	20.28	21.45	26.04	42.74	30.57	33.43	28.81	60.8	25.44	26.31	22.26	39.36	26.78	3.3	45.33
Change	-	18.01%	-160.55%	50.21%	323.24%	-42.37%	35.66%	-1,348.76%	108.13%	5.77%	21.4%	64.1%	-28.47%	9.36%	-13.81%	111.01%	-58.15%	3.41%	-15.42%	76.86%	-31.98%	-87.68%	1,273.74%
Announcement Date	5/12/20	7/30/20	11/12/20	2/26/21	5/6/21	7/30/21	11/4/21	2/25/22	5/4/22	7/29/22	11/7/22	2/24/23	5/9/23	7/28/23	11/3/23	2/29/24	4/29/24	7/24/24	11/6/24	2/27/25	4/30/25	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 S1	2022 S1	2023 S1	2024 S1
Net sales ¹	2,164	-	2,164	2,119
Change	-	-	-	-2.11%
EBITDA ¹	401.8	529.8	645	657.2
Change	-	31.85%	21.74%	1.89%
EBIT ¹	325	429.5	579	599.6
Change	-	32.14%	34.82%	3.57%
Charge d'intérêts ¹	-182.6	-	-	-349.9
Earnings before Tax (EBT) ¹	125.7	116.4	225.1	183.8
Change	-	-7.42%	93.38%	-18.35%
Net income ¹	40.27	41.74	64	51.76
Change	-	3.63%	53.35%	-19.13%
Announcement Date	7/30/21	7/29/22	7/28/23	7/24/24

¹EUR in Million

Estimates

Forecast Balance Sheet: Sacyr, S.A.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	5,212	5,848	-	6,408	6,891	7,277	7,748	7,990
Change	-	12.2%	-	-	7.54%	5.6%	6.47%	3.12%
Announcement Date	2/26/21	2/25/22	2/24/23	2/29/24	2/27/25	-	-	-

¹EUR in Million

Estimates

Cash Flow Forecast: Sacyr, S.A.

Fiscal Period: December	2020	2021	2023	2024	2025	2026	2027
CAPEX ¹	963.8	970.8	223.3	332.5	1,019	1,101	1,021
Change	-	0.73%	-	48.94%	206.42%	8.07%	-7.26%
Free Cash Flow (FCF) ¹	-418.5	-341.8	624.3	370.8	-509	-692	-628
Change	-	18.33%	-	-40.6%	-237.25%	-35.95%	9.25%
Announcement Date	2/26/21	2/25/22	2/29/24	2/27/25	-	-	-

¹EUR in Million

Estimates

Forecast Financial Ratios: Sacyr, S.A.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	15.91%	19.74%	25.67%	33.05%	29.58%	29.4%	29.34%	29.48%
EBIT Margin (%)	10.27%	16.43%	22.26%	27.13%	27.23%	24.79%	25.27%	25.53%
EBT Margin (%)	5.19%	0.72%	8.81%	10.19%	9.4%	10.06%	11.64%	11.82%
Net margin (%)	0.78%	-4.05%	1.89%	3.32%	2.48%	2.78%	3.67%	4.01%
FCF margin (%)	-9.2%	-7.31%	-	13.54%	8.11%	-10.79%	-14.44%	-12.64%
FCF / Net Income (%)	-1,172.5%	180.68%	-	407.46%	327.1%	-387.89%	-393.69%	-315.36%
Profitability
ROA	-	-	-	0.88%	0.64%	-	-	-
ROE	5.16%	-39.14%	-	23.02%	12.58%	11.04%	12.94%	12.46%
Financial Health
Leverage (Debt/EBITDA)	7.2x	6.34x	-	4.21x	5.1x	5.25x	5.51x	5.46x
Debt / Free cash flow	-12.45x	-17.11x	-	10.26x	18.58x	-14.3x	-11.2x	-12.72x
Capital Intensity
CAPEX / Current Assets (%)	21.19%	20.77%	-	4.84%	7.28%	21.61%	22.97%	20.56%
CAPEX / EBITDA (%)	133.19%	105.2%	-	14.66%	24.59%	73.5%	78.3%	69.73%
CAPEX / FCF (%)	-230.27%	-284.03%	-	35.76%	89.67%	-200.2%	-159.14%	-162.62%
Items per share
Cash flow per share ¹	0.9455	1.039	-	1.18	1.76	0.519	0.6188	0.5204
Change	-	9.93%	-	-	49.11%	-70.51%	19.22%	-15.91%
Dividend per Share ¹	0.068	0.103	-	0.136	0.141	0.1116	0.1261	0.1445
Change	-	51.47%	-	-	3.68%	-20.88%	13.01%	14.63%
Book Value Per Share ¹	0.9664	0.6675	-	1.167	1.29	1.37	1.427	1.517
Change	-	-30.93%	-	-	10.55%	6.22%	4.15%	6.28%
EPS ¹	0.07	-0.31	0.17	0.22	0.15	0.1653	0.2187	0.2486
Change	-	-542.86%	154.84%	29.41%	-31.82%	10.22%	32.3%	13.67%
Nbr of stocks (in thousands)	587,862	613,491	637,657	646,431	774,315	800,119	800,119	800,119
Announcement Date	2/26/21	2/25/22	2/24/23	2/29/24	2/27/25	-	-	-