Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Mota-Engil Says Order Book Will Exceed 3.5 Billion Euros in 2012

Nov. 22 (Bloomberg) -- Mota-Engil SGPS SA, Portugal’s biggest construction company, will end the year with an order book that exceeds 3.5 billion euros, Chief Financial Officer Goncalo Martins said.

The builder forecast in March that its order book would remain above 3.5 billion euros this year compared with 3.8 billion euros in 2011. Mota-Engil’s order book reached 3.3 billion euros in the nine months through September, it said in a regulatory filing yesterday.

Mota-Engil also plans to maintain its debt “under control” by seeking opportunities to sell non-strategic assets, Martins said in an e-mailed response to questions. The company is still “negotiating” a partnership with a Brazilian construction company, he said.

To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.