LUSA 11/19/2025

Lusa - Business News - Portugal: Mota-Engil shareholders approve new bons loan of €750M

Porto, Nov. 18, 2025 (Lusa) - Mota-Engil's shareholders, who met today at the General Meeting (GM), approved a proposal to issue bond loans of up to €750 million, the construction company said on Tuesday in a statement.

According to the group, all the items on the agenda for today were approved, and "representatives of 79.36% of the company's share capital were present, with all the items having been approved by favourable votes of over 99% of the votes cast at the Meeting".

The group highlighted “the approval of the items relating to the issue of one or more bond loans up to a total amount of €750 million”.

Several changes to the articles of association were also approved.

Among the group's main shareholders are the Mota family holding company (MGP), with 40.19% of the capital, and Epoch Capital Investments B.V., with 32.41%.

In the first nine months of the year, Mota-Engil recorded profits attributable to the group of €92 million, a 20% increase year-on-year, according to a statement released by the company today.

According to the company's trading update, turnover in this period totalled €4.09 billion, down 1.4% on the same period last year.

EBITDA (earnings before taxes, interest, depreciation and amortisation) increased by 15% to €699 million.

Mota-Engil fell 3.75% today on the Lisbon stock market, to €5.52.

ALN/ADB // ADB.

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