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duro felguera sa (MDF) Snapshot

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05/12/14 - €5.09
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12/17/14 - €3.35
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duro felguera sa (MDF) Details

Duro Felguera, S.A., together with its subsidiaries, designs and constructs turnkey projects for the energy, industrial, and oil and gas sectors in Spain and internationally. The company is involved in the management, engineering, supplies, construction, assembly, start-up and operation, and maintenance of power generation facilities and other industrial installations. It is also engaged in mineral processing activities, including grinding, milling, classification, separation by magnets, gravity, flotation, heap/tank leaching, and sedimentation of residues; and handling turnkey projects, such as port terminals, homogenisation yards, and mine yards. In addition, the company undertakes EPC contracts for engineering, supply of equipment and materials, construction, supervision, commissioning, start-up, and operation of oil and gas plants; designs and constructs liquefied natural gas tanks, vertical and spherical storage tanks, and hydrocarbon fuel storage plants; operates and maintains refineries and storage plants; and designs and manufactures pressure vessels. Further, it operates as a turnkey contractor for biomass and cogeneration plants, pellet plants, and smart warehouses, as well as is engaged in the construction, assembly, operation, and maintenance of wind farms. Additionally, the company is involved in the engineering and integration of intelligent systems for power generation, environmental protection, transport, homeland security, and defense sectors, as well as for airports and ports; and provision of automated material handling and storage systems. It also offers equipment for the petrochemical industry; rail equipment and crossings; and equipment for the mining and infrastructure sector. The company was formerly known as Grupo Duro Felguera, S.A. and changed its name to Duro Felguera, S.A. in April 2001. Duro Felguera, S.A. was founded in 1858 and is headquartered in Gijón, Spain.

Founded in 1858

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duro felguera sa (MDF) Key Developments

Duro Felguera Reports Earnings Results for the Third Quarter Ended September 30, 2014

Duro Felguera reported earnings results for the third quarter ended September 30, 2014. Sales as of 30 September were at EUR 608.4 million, an increase of 10.7%. Despite the growth in sales, consolidated net profits EUR 29 million were notably lower than in the previous year a consequence of the progressive fall in margins recorded in the turnkey industrial and energy projects the company is executing. The EBITDA as of 30 September amounted to EUR 41.8 million, 6.9% on sales, in comparison to 14.2% for the same period the previous year. Current order intake for DF was EUR 287 million. The company reported a net cash flow of EUR 181 million.

Duro Felguera, S.A. Presents at 10th Foro MedCap, May-27-2014

Duro Felguera, S.A. Presents at 10th Foro MedCap, May-27-2014 . Venue: Palacio de la Bolsa, Plaza de la Lealtad, 1, 28014 Madrid, Spain.

Duro Felguera Reports Earnings Results for the First Quarter of 2014

Duro Felguera reported earnings results for the first quarter of 2014. The company booked a net profit of EUR 8 million (USD 11 million) in the first quarter of 2014, down 53.5% year-on-year. Despite the profit fall, sales rose 7.1% in annual terms to EUR 177.1 million. The earnings before interest, tax, depreciation and amortisation (EBITDA) came in at EUR 18.5 million, down from EUR 21 million a year earlier. Earnings before interest and tax (EBIT) declined by 10.8% to EUR 16.7 million.


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