Independent journal on economy and transport policy
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In 2021 the net turnover of the Spanish navalmeccanico group Navantia grew by +20%
Contraction of -10% of the order book
June 27, 2022
Navantia highlighted that in 2021, for the fourth year consecutively, the company has continued on its path of improvement of results through the application of measures provided for in its strategic plan and despite the effects of the Covid-19 pandemic, while continuing last year to operate in a difficult market and in the presence of a sharp contraction of the question given that the economic consequences caused by the crisis health have given rise to delays and cancellations of some planned programs.
In addition, Navantia stressed that he had invested last year. year 71.8 million euros in the field of research, development and of innovation, with an increase of +24.4% compared to 2020.
At 31 December last, the value of the order book of the Iberian shipbuilding group amounted to 7.05 billion euros, with a decrease of -10.2% on 31 December 2020.
The 2021 income statement of the group including the contribution of its subsidiaries (Navantia Australia and SAES Capital) and its subsidiaries show a net turnover of 1.33 billion euros (+18.0%) and a negative net economic result of -82.5 million of euro compared to a net loss of -137.7 million in 2020.
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Navantia highlighted that in 2021, for the fourth year consecutively, the company has continued on its path of improvement of results through the application of measures provided for in its strategic plan and despite the effects of the Covid-19 pandemic, while continuing last year to operate in a difficult market and in the presence of a sharp contraction of the question given that the economic consequences caused by the crisis health have given rise to delays and cancellations of some planned programs.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
