Earnings release
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DOMINION Press Release DOMINION is about to close its best year with a 20 % growth above pre - pandemic levels • • • DOMINION consolidates 2021 as a record year with a net profit of € 30M these first nine months . The company achieves a turnover of € 752M , 23 % more than in the previous year . All of its business segments grow at double digit , above their historical average , with a strong impulse of its B2B segment . [ Bilbao , October 27th 2021 ] DOMINION , the multi - technology services and projects company , has presented the results of these first nine months of the year , reaching a net profit of € 30 million and consolidating 2021 as a record year for the company . The business recovery , that already began in the last quarter of 2020 , is taking place at a higher rate than the one set on the Strategic Plan . Sales grew organically 23 % compared to 2020 and almost 20 % compared to the months prior to the health crisis . It is the highest level of growth recorded by the company in its entire history , achieving a turnover of € 752M in this period . Other indicators confirm the strength of business profitability and the recovery of the operating leverage with EBITDA of € 81M , up 12 % , and EBIT ( or net operating income ) of € 45M , 21 % more than in 2019 . All its business segments grow above the historical average The recovery and growth of its B2B Services segment , one of the most affected by the global lockdown measures , was particularly noteworthy , with a 30 % increase in sales compared to the first nine months last year . Sales spurred especially by new contracts in the Energy and Industry areas . The continued growth of the B2B Projects segment , which exceeds a turnover of € 200M in this period , is also remarkable and it is driven , among others , by the executions of its renewable energy area . The company will soon complete the commissioning of a wind farm in Mexico , continues the execution of a photovoltaic park in the Dominican Republic and has already closed projects in Latin America and Europe that will begin in the coming months . DOMINION will redeem 5 % of its capital , acquired in its first share buy - back program Recently , the company has completed its first share buy - back program and will amortize the 8.5 million shares acquired , which are equivalent to 5 % of its capital .