May 19. (EUROPE PRESS) –
The shares of Grupo San José rebounded more than 5% on the stock market in the early stages of the session this Friday after presenting its results, with a net profit of 7.98 million euros in the first quarter of the year, which is equivalent to to an increase of 30.3% compared to the same period of the previous year.
Specifically, the company’s titles advanced 5.56% after 11:00 a.m., until exchanging at a price of 3.99 euros.
The turnover stood at 294.3 million euros,
with an increase of 17% compared to the same period of the previous year. The national market (which accounts for 79% of Grupo San José’s income) showed “great strength” between January and March, experiencing growth of 21.1% compared to the same period of the previous year.
Meanwhile, the turnover obtained in international markets amounted to 63.0 million euros, 4.1% more than in the first quarter of 2022.
By activities, construction turnover (which represents 87% of Grupo San José’s business) grew by 14%, to 256.4 million euros. The concessions business expanded 20.9%, while the real estate segment increased 64%. On the contrary, sales of the energy division contracted by 23.3%
For its part, the gross operating result (Ebitda) amounted to 16.8 million euros, 31.7% year-on-year, with a margin of 5.7% on the net amount of turnover.
