Corporate
Outlook: Stable
Action date: 04/30/2021
Rating action: Affirmed

ORTIZ CONSTRUCCIONES Y PROYECTOS SA

Axesor Rating affirms Grupo Ortiz's rating maintaining at "BB+" with Stable outlook. The group operates through the following business lines: concessions (transport, hospital, energy infrastructures ...), energy (construction of photovoltaic, wind, solar thermal energy generation facilities ...), construction and services of infrastructure (civil works, railways, water, environment ...) and property. They focus its activity in Spain and in countries such as Mexico, Colombia, Panama, Peru and Japan. At the end of the 2020, revenues were € 450.2M and EBITDA of € 26.9M (EBITDA margin 4.5%) and NFD/ EBITDA ratio of 4.9x.

Rating

Solicited
Date last rating: 04/30/2021
Date first rating: 05/26/2014