The financial report published in the Comissão de Mercado de Valores Mobiliários (CMVM) reveals a negative deviation of 7.1 million euros from the budget last year.
The 2024 Consolidated Report and Accounts detail the activities of Metropolitano de Lisboa (ML) and its subsidiaries: Ferconsult, Metrocom, TREM, A.C.E., and TREM II, A.C.E.
“The financial result showed a positive development, with a change of 151,000 euros, although the deviation is negative by 85,000 euros. The operational result improved by 4.0 million euros, from -22.9 million euros in 2023 to -18.9 million euros in 2024,” it is stated.
The business volume recorded a slight decrease of 0.7% compared to 2023, remaining 2.3% below the budgeted figure, settling at 132.3 million euros.
The 2024 Activity Plan and Budget estimated the company would generate around 135.4 million euros.
The EBITDA (earnings before interest, taxes, depreciation, and amortization) recorded a positive variation of 3.5 million euros and a negative deviation of 6.1 million euros.
Considering EBITDA, adjusted for ‘non-cash’ values, the variation is positive by 58,000 euros, and the positive deviation is 3.5 million euros, according to the report.
