SACYR: FY2021 RESULTS (ANÁLISIS BANCO SABADELL)
4Q'21 vs. 4Q'20:Sales: € 1.365 Bn (+1.5% vs. -18.4% BS(e));
EBITDA: € 293.08 M (+48.8% vs. +7.1% BS(e));
Net Profit: € -249.25 M (€ -11.0 M in 2020 vs. € -60.25 M BS(e)).
FY2021 vs. FY2020:
Sales: € 4.675 Bn (+2.8% vs. -3.1% BS(e));
EBITDA: € 923.0 Bn (+27.5% vs. +16.2% BS(e));
Net Profit: € -189.0 M (€ 36.0 M in 2020).
Sacyr is the parent company of a group engaged in the acquisition, development and construction of urban properties for their subsequent rental or resale. Co. primarily leases and sells office buildings and complexes, housing units, and shopping centers. Co. is also engaged in the operation of urban car parking facilities. Co. offers services related to the real estate industry such as technical assistance in energy savings, inventory management, architectural design, telecommunications management, property maintenance, as well as gardening and landscaping. Co. also provides consulting services in the real estate fund management sector.
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