Dominiona comprehensive services and projects company, obtained a net profit of 27.3 million during the first nine months of 2023, 19% more than what was obtained in the same period of the previous year, in an environment marked by the increase in financial costs. The turnover grew by 8%with sales of 851 million euros.
For his part, the gross operating profit (ebitda) exceeded 100 million14% more than the same period last year, despite the specific costs of restructuring business areas carried out during the year.
According to the company, it follows a solid growth trend in sales and achieves double-digit margins in its two business segments: Sustainable Services and 360 Projects. “In this period we have registered a organic growth of 6.5%, above the guidance set in our Strategic Plan. We reached these numbers in an environment marked by inflationary tensions and uncertainty,” he says. Mikel BarandiaranCEO of the company.
Thus, the Sustainable Services segment reached sales of 597 million, 8% more than in the same period of 2022, and maintained its recurring margins, thanks to the growth of its environmental services area with new contracts for industrial clients.
During this year, Dominion announced the company integration such as ZH Ingenieros in Colombia and Gesthidro in Spain within this area. The latter has allowed it to expand its offer of sustainable services by incorporating the water treatment and recovery of industrial waste, in a circular economy process, with the aim of promoting and minimizing the environmental impact.
For its part, Proyectos 360 obtained sales of 243.3 million, 3% more than in 2022 and continues to register “very high margins, above the objectives set (20.2%)”. Currently, Dominion accumulates a project portfolio of 641 millionmainly with renewable energy projects and social infrastructure, such as hospitals.