ORTIZ CONSTRUCCIONES Y PROYECTOS SA


Type of ratings: Corporate

Rating value: BB+

Outlook: Stable

License: EthiFinance Ratings

Solicited

EthiFinance Ratings affirms Grupo Ortiz's BB+ rating, mantaining its 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 Colombia, USA, Mexico, Panama and Japan. At the end of the 2022, the company generated turnover of € 610.4 M with an EBITDA of € 50,5M (EBITDA margin 8.3%) and NFD/ EBITDA ratio of 2.5x.

Ratings

Rating action: Affirmed

Action date: 2023-04-24

Date last rating: 2023-04-24

Date first rating: 2014-05-26

Documents

Executive summary:
Executive summary:

Methodologies

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