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Mota-Engil with a profit of 8 million. Order book reaches 7.4 billion – Construction

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Mota-Engil with a profit of 8 million.  Order book reaches 7.4 billion - Construction

Mota-Engil posted a profit of € 8 million in the first half of this year, which is in line with the same period in 2019, compared to a € 5 million loss in June 2020.

The group, led by Gonçalo Moura Martins, said in a statement that the order book broke records again, ending the first half of this year at € 7.394 billion, up 22% from December.

The construction company’s turnover prior to June was € 1,138 million, just 2% less than in the same period last year, while EBITDA reached € 181 million, up 25% over the same period last year. The margin was 16%. In turnover, Europe contributed 455 million euros at last year’s level, Africa fell 16% to 325 million, and Latin America rose 10% to 336 million euros.

By region, the group sees 8% growth in turnover in Portugal in the first half of the year, which was “the largest design and construction market in the group after many years, surpassing Mexico and Angola,” he says.

In a presentation of the semi-annual results, Mota-Engil notes that “during a period when there was a gradual recovery, albeit at different rates between markets, production levels and depending on the quality of the portfolio recently created. During the semesters, the group focused on developing operations with greater profitability and generating cash. “

As such, he says it was possible to continue growing the order book this semester, “which will support growth in the coming years, and largely in Africa, a market that has historically had the highest operating profitability.

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The statement also highlights the global resilience of trade: “Latin America is showing signs of recovery after being the region most affected by the pandemic in 2020.”
He also highlights the 25% EBITDA growth on a 16% margin, “which more than doubles operating result (EBIT) over the same period” to EUR 68 million.

Operating cash flow increased 31% to 165 million, which the group said is “the highest in 4 years in the first half.”

Net debt stood at 1,141 million at the end of July (102 million less than in December), while the net debt / EBITDA ratio improved to 2.7x.

On the investment side, the cost remained in line with the forecast at the beginning of this year, with capital expenditures of € 98 million, of which 70% is in medium to long term contracts, with a focus on mining in Africa, railways to Mexico and the environment in Portugal. … By the end of the year, the group expects to achieve an investment of over 200 million euros.

In this document, Mota-Engil, which will unveil its new strategic plan for 2022–2026 in the fourth quarter of this year, also highlights a milestone in its history with the entry of China Communications Construction Company (CCCC) into its capital.

With regard to the year-end outlook, the group says it is expected to see strong growth in turnover in 2021, EBITDA margins in line with historical levels and “is considered one of the ‘best in class’ in the industry.” and the portfolio exceeds 7 billion euros.

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

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high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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