Selected financial information of the Budimex Group for the first half of 2024
In connection with providing the financial information to the holding entity of Budimex S.A., i.e. Ferrovial SE, the Management Board of Budimex SA hereby discloses to the general public some selected financial information from the condensed consolidated financial statements of the Budimex Group, prepared in accordance with the International Financial Reporting Standards (IFRS) for the first half of 2024 and the comparable figures for the corresponding period of 2023.
Net revenue from sales of products, services, goods and materials: PLN 4,040,180 thousand as compared to PLN 4,317,944 thousand in the first half of 2023.
Gross profit on sales: PLN 478,933 thousand as compared to PLN 401,393 thousand in the first half of 2023.
Operating profit: PLN 295,837 thousand as compared to PLN 272,635 thousand in the first half of 2023.
Profit before tax: PLN 365,792 thousand as compared to PLN 356,674 thousand in the first half of 2023.
Net profit: PLN 280,752 thousand as compared to PLN 280,781 thousand in the first half of 2023.
Net profit attributable to shareholders of the parent company: PLN 276,778 thousand as compared to PLN 274,671 thousand in the first half of 2023.
Net profit of Budimex SA: PLN 342,093 thousand as compared to PLN 308,211 thousand in the first half of 2023.
The Budimex Group’s order book after the first six months of 2024 was PLN 15.34 billion compared to PLN 12.22 billion at the end of the first half of 2023.
The value of contracts signed by the Budimex Group in the first half of 2024 was PLN 5.66 billion as compared to PLN 2.54 billion in the first half of 2023.
The net cash position of the Budimex Group, including own cash and short-term securities less external financing sources, stood at PLN 2,578 million as at 30 June 2024. As at 30 June 2023, the net cash position of the Budimex Group was PLN 2,731 million.
The attached table presents the results of reporting segments of the Budimex Group for the first half of 2024 and comparable data for the corresponding period of 2023.
