Dominion achieves a “record” profit of 12 million until March, 9% more

by time news

2023-04-28 02:00:00

Friday, April 28, 2023, 02:00

Global Dominion registered a “record” net profit of 12 million in the first quarter of this year, which represents an increase of 9% compared to the same period in 2022, while reaching sales of 281 million, 7% more, and a 27% growth in its operating result (Ebit). The sustainable services and projects company 360 has explained that net profit has grown despite the “significant increase in financial expenses”.

From Dominion, “the good behavior of the margins and the operating leverage” stand out, with an Ebitda of 34 million, 25% higher, and the Ebit (net operating result) of 19 million, which has meant 27% more. The CEO of the company, Mikel Barandiaran, assured that this profit of 12 million has meant “record growth” in the operating result for a first quarter that, as he remarked, was due to “a resilient model, capable of generating value in a complex context thanks to the control of margins and the geographical and sectoral diversification of the business”.

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