OverviewSuggest Edit

Elecnor is an engineering, procurement, and construction company. It distributes electricity, operates power transport lines and transformation substations, generates power from wind farms, solar plants, combined-cycle plants, and hydroelectric plants, provides gas related services covering gas pipeline transportation and distribution. In addition, the company is involved in civil and industrial works, telecommunication and construction activities, hydrological planning activities, the treatment and reuse of waste and sewerage, and water purification activities.
TypePublic
Founded1958
HQMadrid, ES
Websiteelecnor.com

Latest Updates

Employees (est.) (Dec 2020)18,203(+23%)
Revenue (FY, 2020)€2.5 B
Share Price (Nov 2021)€10.3
Cybersecurity ratingCMore
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Key People/Management at Elecnor

Rafael Martín de Bustamante Vega

Rafael Martín de Bustamante Vega

Board Member and CEO
Jaime Real de Asúa Arteche

Jaime Real de Asúa Arteche

Chairman
Ignacio Prado Rey-Baltar

Ignacio Prado Rey-Baltar

Vice-Chair
Rafael Prado Aranguren

Rafael Prado Aranguren

Board Member
Miguel Morenés Giles

Miguel Morenés Giles

Board Member
Emilio Ybarra Aznar

Emilio Ybarra Aznar

Board Member
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Elecnor Office Locations

Elecnor has offices in Madrid, Bilbo, Los Angeles, Luanda and in 13 other locations
Madrid, ES (HQ)
Paseo de la Castellana, 81
Bilbo, ES
Rodríguez Arias Kalea, 28
Madrid, ES
Calle del Marqués de Mondéjar, 29, 31
Madrid, ES
Calle del Marqués de Mondéjar, 33
Madrid, ES
Calle de Orense, 4, 6ª
Luanda, AO
Av. Deolinda Rodrigues
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Elecnor Financials and Metrics

Elecnor Revenue

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Elecnor's revenue was reported to be €2.46 b in FY, 2020 which is a 0.1% increase from the previous period.
EUR

Revenue (FY, 2020)

2.5b

Revenue growth (FY, 2019 - FY, 2020), %

0.1%

Gross profit (FY, 2020)

1.2b

Gross profit margin (FY, 2020), %

49.6%

Net income (FY, 2020)

82.8m

EBIT (FY, 2020)

146.6m

Market capitalization (10-Nov-2021)

872.2m

Closing stock price (10-Nov-2021)

10.3

Cash (31-Dec-2020)

391.6m

EV

1.5b
Elecnor's current market capitalization is €872.2 m.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

2.3b2.5b2.5b

Revenue growth, %

(2%)8%0%

Cost of goods sold

1.1b1.2b1.2b

Gross profit

1.2b1.3b1.2b
Half Year
EURH1, 2018H1, 2019H1, 2020

Revenue

1.1b1.1b1.0b

Cost of goods sold

515.3m535.0m478.9m

Gross profit

543.9m535.3m534.5m

Gross profit Margin, %

51%50%53%
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

426.8m325.1m391.6m

Accounts Receivable

940.2m1.0b1.1b

Inventories

8.2m5.8m5.9m

Current Assets

1.5b1.5b1.6b
Half Year
EURH1, 2018H1, 2019H1, 2020

Cash

375.5m383.3m381.1m

Accounts Receivable

829.6m944.9m909.8m

Inventories

7.7m7.1m7.9m

Current Assets

1.3b1.5b1.4b
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

112.0m130.7k82.8m

Depreciation and Amortization

68.9m86.7k72.1m

Inventories

462.0k2.5k(133.0k)

Accounts Payable

31.6m90.1k94.8m
Half Year
EURH1, 2018H1, 2019H1, 2020

Net Income

49.8m55.2m35.9m

Depreciation and Amortization

32.7m26.9m33.1m

Cash From Operating Activities

131.0m56.1m83.9m

Purchases of PP&E

(30.8m)(92.8m)(80.3m)
EURH1, 2018

Debt/Equity

2.1 x

Debt/Assets

0.5 x

Financial Leverage

4.6 x
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Elecnor Operating Metrics

Elecnor's Backlog was reported to be €2.3b in FY, 2020.
Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Backlog

€2.41 b€2.36 b€2.32 b€2.16 b€2.25 b€2.33 b€2.23 b€2.23 b€2.32 b€2.24 b€2.24 b€2.22 b€2.71 b€2.27 b€2.32 b€2.27 b

Countries Covered

5353505555

Suppliers

3.66 k3.5 k

Technology Partners

27
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Elecnor Acquisitions / Subsidiaries

Company NameDateDeal Size
Acciona Infraestructuras- Elecnor Hospital David,S.A
Alto Jahuel Transmisora de Energía, S.A.
Andes Solares, SAS
Aplicaciones Técnicas de la Energía, S.L.U.(ATERSA)
Área 3 Equipamiento y Diseño Interiorismo, S.L.U.
Audeca, S.L.U.
Betonor, S.L.
Celeo Concesiones E Inversiones,S.L.U.
Centro Logistico Huerta el Peñon
Charrua Transmisora De Energía, S.A.
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Elecnor Revenue Breakdown

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Elecnor revenue breakdown by business segment: 94.2% from Infrastructure and 5.8% from Concessions

Elecnor revenue breakdown by geographic segment: 49.6% from International and 50.4% from Domestic

Human Capital Metrics

Elecnor's employees are reported to be approximately 12% female and 88% male.
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Elecnor Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Elecnor Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Elecnor Online and Social Media Presence

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Elecnor News and Updates

Fusion Fuel Green and Elecnor Group Establish Partnership to Develop Green Hydrogen Generation Projects in Spain

DUBLIN, Ireland, April 29, 2021 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (NASDAQ: HTOO), ("Fusion Fuel", or "the Company"), a green hydrogen technology company, is pleased to announce that it has reached a collaboration agreement with the Elecnor Group (BME: ENO) for the development of green hydr…

Elecnor has signed a partnership agreement to promote the employment of vulnerable people in Spain

The Spanish infrastructure, energy, services and telecommunications group Elecnor has announced today that it has signed an agreement with Fundación Adecco to promote the employment of people at risk of social exclusion.

Elecnor leads in climate action

For the third consecutive year, the Spanish infrastructure, energy, services and telecommunications group Elecnor has participated in the initiative led by the CDP (Carbon Disclosure Project) by presenting its voluntary report on climate change, thereby reinforcing its commitment to sustainability. …

Elecnor develops 5 wind farms in La Coruña and Lugo that will provide electricity to power 45,000 households

The Spanish group for infrastructures, energy, services and telecommunications Elecnor is building 5 wind farms in Galicia for 64.3 million euros. Elecnor will also be in charge of maintaining, operating and controlling the wind farms for the first 24 months.

Elecnor constitutes a securitisation fund to develop sustainable energy projects

The Spanish Group for infrastructures, energy, services and telecommunications Elecnor has established a Securitisation Fund named “ELECNOR EFICIENCIA ENERGÉTICA 2020, Fondo de Titulización” [ELECNOR ENERGY EFFICIENCY 2020, Securitisation Fund], to which the credit claims derived from the contracts …

Fundación Elecnor y Deusto Business School firman un acuerdo de colaboración para impulsar el emprendimiento y la innovación

Fundación Elecnor ha firmado un convenio de colaboración con Deusto Business School con el objetivo de impulsar y fomentar el emprendimiento como vehículo de la innovación, uno de los paradigmas de la nueva economía, a través del Programa de Liderazgo Corporativo en Emprendimiento e Innovación (PLCE…
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Elecnor Frequently Asked Questions

  • When was Elecnor founded?

    Elecnor was founded in 1958.

  • Who are Elecnor key executives?

    Elecnor's key executives are Rafael Martín de Bustamante Vega, Jaime Real de Asúa Arteche and Ignacio Prado Rey-Baltar.

  • How many employees does Elecnor have?

    Elecnor has 18,203 employees.

  • What is Elecnor revenue?

    Latest Elecnor annual revenue is €2.5 b.

  • What is Elecnor revenue per employee?

    Latest Elecnor revenue per employee is €134.9 k.

  • Who are Elecnor competitors?

    Competitors of Elecnor include Mytilineos, Drax Group and Anel Group.

  • Where is Elecnor headquarters?

    Elecnor headquarters is located at Paseo de la Castellana, 81, Madrid.

  • Where are Elecnor offices?

    Elecnor has offices in Madrid, Bilbo, Los Angeles, Luanda and in 13 other locations.

  • How many offices does Elecnor have?

    Elecnor has 20 offices.