Elecnor Group's shareholders approved a total dividend of 805 million euros for 2024 during the recent AGM, indicating strong financial performance and strategic operational shifts.

Target Information

The Elecnor Group, a prominent player in the energy and infrastructure sector, has successfully concluded its 2024 Annual General Meeting (AGM), where shareholders voted overwhelmingly to approve the company’s financial results for the fiscal year. During the meeting held on May 28, 2025, a complementary dividend of 265 million euros was sanctioned, culminating in a total distribution of 805 million euros. This dividend is a reflection of the significant operations undertaken by the company, including the landmark sale of Enerfín, which has significantly strengthened Elecnor's financial footing.

Rafael Martín de Bustamante, the long-serving CEO, has transitioned to an external board member role after 14 years at the helm, receiving accolades for his 42-year career with Elecnor. Santiago León Domecq has been re-elected as a board member, ensuring continuity in the company’s leadership amid this organizational shift. The AGM also highlighted the financial performance of the company in 2024, noting the strategic importance of the Enerfín transaction and its implications for future growth.

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Grupo Elecnor

invested in

Enerfín

in 2024

in a Other deal

Disclosed details

Transaction Size: $1,560M

Revenue: $897M

EBITDA: $203M

Net Income: $705M

Enterprise Value: $1,560M

Equity Value: $805M


Multiples

EV/EBITDA: 7.7x

EV/Revenue: 1.7x

P/E: 1.1x

P/Revenue: 0.9x

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