GLOBAL DOMINION: 2Q’24 RESULTS (ANÁLISIS BANCO SABADELL)
2Q'24 vs. 2Q'23 ResultsSales: € 288.3 M (-0.4% vs. -0.5% BS(e) and +0.4% consensus);
EBITDA: € 36.5 M (-2.4% vs. -4.6% BS(e) and -2.7% consensus);
EBIT: € 21.2 M (+1.0% vs. -7.7% BS(e) and -3.3% consensus);
Net Profit: € 9.0 M (-20.4% vs. -40.0% BS(e) and -31.8% consensus);
1H'24 vs. 1H'23 Results
Sales: € 571.4 M (+0.1% vs. 0.0% BS(e) and +0.5% consensus);
EBITDA: € 71.3 M (+0.1% vs. -1.0% BS(e) and 0.0% consensus);
EBIT: € 40.6 M (+1.2% vs. -3.3% BS(e) and -1.0% consensus);
Net Profit: € 16.3 M (-30.0% vs. -39.6% BS(e) and -35.6% consensus);
Global Dominion Access SA is a Spain-based company primarily engaged in the construction and engineering sector. The Company's activities are divided into two segments: Multi-technological Services, which offers design, implementation and maintenance of fixed and mobile telecommunications networks, manages sales and distribution processes for telecommunications carriers, as well as renders of inspection, maintenance, repair and renovation services for industrial and energy firms, and Solutions and EPCs, which executes turnkey Engineering-Procurement-Construction (EPC) projects, provides construction, repair and renovation of industrial heating installations, as well as develops processes and other technological and business solutions in numerous sectors. Its services are provided in three areas: Technology and Telecommunications (T&T), Industry and Renewable energies. It operates worldwide in Europe, the Americas, Asia and Africa. The Company is a subsidiary of CIE Automotive SA.
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