- In 2023, revenues amounted to EUR 222 million and EBITDA to EUR 26.7 million.
- In the last two years alone, turnover has multiplied by 1.5x, EBITDA has doubled (2x) and net profit has tripled (3x).
- A sound strategy based on hyper-specialization, investment in dual disruptive technologies, technology partnerships with industry leaders and internationalization has driven the company’s excellent results.
Madrid, June 11, 2024 – Grupo Oesía, a multinational company dedicated to dual-use digital and industrial engineering, has presented its financial results for the 2023 fiscal year with record figures for the second consecutive year.
Thanks to a strategy based on hyper-specialization, investment in dual disruptive technologies, the signing of technology-based alliances with leading companies such as Indra, Navantia, Thales or Lockheed Martin, among others, and its internationalization process, the Group achieved excellent economic results in 2023, continuing with the growth path started a few years ago and positioning Grupo Oesía as a profitable and sustainable company in time.
Among the business figures presented, the following stand out:
- 300.5 million (+23% vs. 2022).
- Revenue: 221.7 million euros (+21% vs. 2022).
- EBITDA of 26.7 million euros (+38% vs. 2022).
- Pre-tax profit of €10 million (+85% vs. 2022).
- Investment: 15.3 million euros (+77 % vs. 2022).
- Shareholders’ equity: 59.4 million euros (+19% vs. 2022).
- Working capital: over 39.7 million euros.
- Financial debt/EBITDA ratio 2.0x (vs. 2.7x in 2022).
The results achieved in 2023 by Grupo Oesía confirm an excellent trend which, in the last two years alone, has practically multiplied by 1.5x its turnover, doubled its EBITDA (2x) and tripled its profit before tax (3x).
These results are the fruit of an expansive investment policy which, in fiscal year 2023 alone, exceeded 15 million euros, 77 % more than in the previous year. Likewise, the growth in results is supported by a solid balance sheet, where the increase in shareholders’ equity to 59 million euros (up 19 %) and working capital of 40 million euros stand out. The financial debt/EBITDA ratio improved significantly to 2.0x compared to 2.7x in 2022.
Grupo Oesía wanted to highlight the company’s Strategic Plan 2023-2025 as the cornerstone of these excellent results. Hyper-specialization, investment in key dual-use emerging technologies (such as quantum, photonics, Artificial Intelligence or cybersecurity solutions, among others), the signing of technology-based alliances and internationalization are the foundations of this Plan; to which must be added, in the financial area, a clear commitment to the diversification of sources of financing, reinvestment of 100% of profits and productive investments.
Luis Furnells, executive president of Grupo Oesía, emphasized: “The current moment is key for Grupo Oesía. Our businesses are developed in the two areas that will transform the world, Security & Defense and Digital Engineering. This, together with the success of our strategic plan, augurs well for our strong growth in the coming years. We expect to continue to break performance records in order to fulfill our purpose as a company: “to contribute to increasing national sovereignty in the service of European strategic autonomy, and to help create a better, more efficient, safer and more sustainable world..”
The technology company’s chief executive concluded by stating that “these excellent results endorse the soundness of our financial strategy, allow us to continue on the path of growth and anticipate a new year in which we will meet our business objectives. I can affirm that the growth of Grupo Oesía is healthy and sustainable”.
