Lantania strengthens its growth with €457 million in revenue and a record backlog

• They company grew by 16% in 2025, driven by the diversification os its business activities and its international expansion
• The Group increased its EBITDA by 4.5% to €13.7 million in a context of cost pressure

Madrid, 14 May 2026. Lantania consolidates a strong growth trajectory, reporting record results for 2025. The infrastructure, water and energy Group achieved consolidated revenues of €457 million, representing a 16% increase compared to the previous year. This performance reflects the company’s diversification and international expansion strategy, with turnover by 7.6-fold between 2018 and 2025.

Performance was positive across all business areas, with particularly strong momentum in projects related to the integrated water cycle, renewable energy and sustainable transport.

EBITDA reached €13.7 million, up 4.5% compared to 2024, reflecting the company’s ability to maintain operational stability while progressing in a highly competitive environment marked by cost pressure.

Contracting amounted to €804 million in 2025; a 51% increase compared to the €532 million recorded the previous year. The Group maintains a balanced financial position, with a solid balance sheet structure supporting business growth and the execution of increasingly complex projects.

By business line, the Water division led new contracting, accounting for 52% of the total, driven by significant projects such as the Ras Mohaisen desalination plant in Saudi Arabia. Infrastructure, Building and Services accounted for 30% of new contracts, including major projects such as Line 3 of the Seville Metro, the construction of the new Sierra Norte Hospital in Madrid, and various public infrastructure modernization, maintenance and efficiency contracts in the Community of Madrid.

Energy contributed 18% of new contracting, with key projects including the development of three solar parks in Italy, two 50 MW photovoltaic plants in the Levante region, and the construction of a traction electrical substation (TES) for the new southern rail access to the Port of Castellón.

At the end of 2025, Lantania’s backlog stood at €1.1 billion, up 7% year-on-year, strengthening visibility and recurring activity for the coming years. The project backlog provides strong visibility over future activity, with coverage exceeding two years of sales.

International activity increased significantly, accounting for 50% of the Group’s backlog compared to 31% in the previous year. Saudi Arabia and Poland remain key strategic markets, joined in 2025 by new countries including North Macedonia, Turkey and Italy. As a result, the company is now present in 16 markets.

In Poland, the strong performance of its subsidiary Balzola stands out, with revenues of €76.5 million in the past year, a 31% increase year-on-year. As a result, activity in the Central European country now represents 17% of the Group’s total revenue.

Lantania Chairman Federico Ávila stated that “the 2025 financial year confirms the strength of the company’s growth model, based on business diversification, technical specialisation and international expansion.” He also noted that “the increase in contracting and backlog growth enhance the Group’s visibility for the coming years and consolidate its position in high-potential strategic markets.”

Ávila added that “the company continues to advance in more complex and higher value-added projects, strengthening our ability to compete internationally within a strategy focused on profitable growth, financial discipline and long-term sustainable value creation.”

In 2025, Lantania reinforced its commitment to climate action with the certification of its Carbon Footprint (ISO 14064). It also obtained ISO 37301 certification, an international standard that recognises the implementation of an effective compliance management system aligned with continuous improvement.

Lantania’s outlook for the coming years remains positive, supported by a solid project backlog, geographic diversification and the Group’s positioning in strategic sectors such as water, energy and sustainable mobility.