The engineering group presents its results for 2018, which show an increase in EBITDA of 22.5%, a profit before taxes of 29.2 million euros—27.7% higher than in 2017—and an investment in R&D that remains above 20 million euros.
Madrid (Spain), July 3, 2018 -. The engineering group SENER has published its Annual Report, which details the key facts regarding its projects, social action activities, and financial results obtained during the 2018 financial year. Under the catch line ‘Contigo vamos a más’ (With you we aim higher), the document is available on the SENER corporate website in Spanish and English.
An exercise in structural and management changes
One of the most noteworthy milestones of the previous year was the acquisition of 100% of the TRYO Aerospace & Electronics group (which includes the companies TRYO Aerospace Flight Segment and RYMSA RF) which specializes in the design and manufacture of radio frequency communications equipment for the aerospace sector, with great technological, commercial, and operational synergies with SENER. With this operation, SENER has strengthened its position as a leading international supplier of aerospace components and systems.
In parallel, the organizational structure of the SENER group changed, as it separated its aerospace activities from the subsidiary SENER Ingeniería y Sistemas to create two divisions, Engineering and Aerospace, in addition to the Energy and Environment division, with the consolidation due to be formally completed in 2019.
