Mota-Engil targets €9 billion in revenue in 2030 and will pay 30% to 50% of profits to shareholders

Mota-Engil intends to increase the net margin of the business from 3% to 4% by 2030 and deliver 30% to 50% of profits to shareholders. The ‘FOCUS 2030’ strategic plan also aims to increase turnover from €5.3 billion to €9 billion.

The company aims to grow turnover at an average annual rate of 11% over the next four years, from €5.3 billion in 2025 to €9 billion in 2030. The target for EBITDA is to reach more than €1.6 billion, with an average annual growth of 10%. For the EBITDA margin, the ambition is to exceed 18%.

“The future begins in our order book”, said CEO Carlos Mota Santos. “We have a portfolio of €16 billion. And that portfolio was built with a policy of larger contracts, better margins and the cash flow profile we want”, he added.

The manager highlighted some projects such as the Querétaro railway line in Mexico; the Lobito Corridor and the Corimbra seafront road project in Angola; the Kurmuk mine in Ethiopia; the Oriental Hospital in Lisbon; the Kano Maradi railway line in Nigeria; and the contract with Gaslub in oil & gas in Brazil.

“We have to reach 2030 with a stronger and more robust balance sheet”, the CEO also stressed. The construction company is aiming for a solvency ratio of over 18% and a net debt to EBITDA ratio of 2% or less.

The investment planned for the next four years totals €500 million, financed mainly through capital recycling.

Mota-Engil also intends to have a free cash flow equivalent to 25% or more of EBITDA over the next five years. For shareholders, it plans to deliver 30% to 50% of profits. “A clear and sustainable shareholder remuneration framework” is one of the priorities identified.

Strategy based on three strategic priorities

“It is imperative that we deliver on the objectives of the 2030 plan. They are fundamental to us being a strong group when we reach 100 years. That is why we have to be focused”, said Carlos Mota Santos, adding that the priorities will be “growth, diversification and financial discipline”.

The company intends to consolidate its leadership in the core Engineering and Construction markets where it already operates, through selective participation in tenders and deepening local partnerships, while maintaining a high level of profitability. Concessions, natural resources and circularity are the other areas where Mota-Engil will sustain its growth.

“We achieved the objectives set out in the previous strategic plan a year or two ahead of schedule”, said Pedro Arrais, investor relations at Mota-Engil, who opened the presentation attended by around 200 participants, testimony to “growing interest in Mota-Engil”.

The previous strategic plan aimed to achieve a turnover of 6 billion this year, an EBITDA margin of 16% (it was 18% in 2025), a net profit margin of 3% (already achieved last year), lower net debt to less than twice EBITDA (1.98 times in 2025) and achieve a solvency ratio of 15% (it was 12% last year).

On 3 March, Mota-Engil reported a 9% increase in net profit to €133 million and a rise in the dividend payable this year to 17.3 pence. Turnover fell 11% to €5.3 billion, but the order book grew 4% to €16.2 billion.