Business

Global Dominion Access S A : FY2024 Press Release

Global Dominion Access S A : FY2024 Press

articleGlobal Dominion Access SaFebruary 26, 20254/news/global-dominion-access-s-a-fy2024-press-release
Global Dominion Access S A : FY2024 Press Release

About this update from Global Dominion Access Sa

PRESS RELEASE The company generates €76 million in cash flow before investments and divestments, and will propose at the AGM a dividend payout of €15 million in 2025 DOMINION increases EBITDA by 4% to 151 million euros in 2024 Simplification strategy and creation of Global Dominion Environment (GDE).The company consolidates its operational transformation and prepares for a new phase of sustainable growth and long-termprofitability with a new corporate structure to accompany the positioning in activities with strong demand linked to the environmental sustainability objectives of its industrial clients, with GDE projecting a reference size of around €500M in revenues and over €50M in EBITDA in 2025. Different performance by business segment.The consolidated turnover decreases by 3% (although it grows organically by 2%) in comparison to 2023, with different dynamics between businesses. Growth in Sustainable Services (recurrent activities) Organic revenue growth of 7%, driven by business optimization and focus on higher value-addedactivities and profitability. In addition, the contribution margin grew by 18% compared to 2023.Transition year in 360º Projects. Slowdown of 12% due to delays in the execution of renewable infrastructures, mainly in Europe and the Dominican Republic. This situation has been influenced by geopolitical factors and governmental change processes. Despite this, a positive tendency is maintained in the acquisition of new projects, with a portfolio of €637M at the end of the year. Financial strength.The company achieves a significant improvement in operating cash flow generation, exceeding 76 million euros. Boost in profitability.The business simplification process has led to an improvement in profitability both in percentage and absolute value. Margins on sales continue to grow, accompanied by operating leverage (contribution margin +3% vs. EBITDA +4% vs. EBIT +7%). Shareholder focus.The company allocated €14.7M to the dividend in 2024 and will propose at the Annual General Meeting of Shareholders (AGM) a new dividend payout of €15M in 2025, offering a higher payout than the one established in its remuneration policy (38% of comparable profit instead of the 1/3 of attributable profit committed). This effort aims to provide stability to investors, offsetting the impact of cyclical factors such as interest rates and discontinued activities...

View stock analysis, news, and events for Global Dominion Access Sa