![](\"https:\/\/www.lantania.com\/wp-content\/uploads\/2018\/08\/bullet.svg\")
The Infrastructure, Water and Energy Group improves its EBITDA by 34% to \u20ac10.3 million<\/li>\n\u00a0The company strengthens its development and professionalisation by establishing a Board of Directors<\/li>\n<\/ul>\nMadrid, 5th<\/sup> March 2020. <\/strong> Lantania closed last year with a 71% increase in turnover, reaching \u20ac100.4 million. The Infrastructure, Water and Energy Group exceeded its forecasts and recorded an EBITDA of \u20ac10.3 million in 2019, 34% more than the year before. For the president of Lantania, Federico \u00c1vila, “this data reaffirms the stability of the company and keep us well above the objectives set in our Strategic Plan 2022”. The company expects to grow this year by 20% and reach turnover of \u20ac120 million, 44% more than initially established in its business plan.<\/p>\n In 2019, the company reached a portfolio of work in progress worth \u20ac285 million, an increase of 40% of its initial portfolio. Over the past year, Lantania was allocated works worth \u20ac110 million, almost four times more than the figure obtained in 2018 and doubling the target set. 55% of new recruitment comes from the public sector, mainly the central government, and 45% from the private sector. Among the new projects, there is one that stands out: the conservation of the access area of the Adolfo Su\u00e1rez Madrid-Barajas airport for Aena, worth \u20ac13 million and lasting two years, which will be carried out in a joint venture with Saglas, Obras y Servicios.<\/p>\n In addition, the A-66 motorway in Asturias will be extended for \u20ac22.2 million, which will be carried out together with Asch Infraestructuras y Servicios, the remodelling of the train stations in M\u00e9rida and Badajoz and the electrification of the first section of the AVE to Extremadura. Projects which include the construction of an electrical substation in Taradell (Barcelona), the new suburban station in Albal (Valencia) and the renovation of the RACE headquarters (Madrid).<\/p>\n “If 2018 was the year Lantania was launched, we can already say that 2019 has been the year of its consolidation,” says \u00c1vila. Last year, the company closed the purchase of the public works branch of the Velasco Group and started a joint venture with the real estate developer, Gestilar. A development that was completed with its entry into the shipbuilding business and an international expansion plan from which they hope to move forward with this year. “In 2020, we will continue working towards closing new agreements and new acquisitions that will strengthen the growth path of the Group,” says the President of Lantania.<\/p>\n The integration of Velasco and the growth in profiles associated with the execution of projects has led to an increase in the Group’s workforce, which now comprises 250 workers, 81% more than in 2018. A progression that has led the company to execute the call option on its corporate headquarters. The building, previously owned by the developer Ebrosa and located in the Las Tablas district of Madrid, has an office area of 1,517 m2<\/sup> and houses the Group’s management team and main corporate departments.<\/p>\n As a result of the growth and within the professionalisation plans of the holding, the Lantania Group has constituted its Board of Directors. The new board consists of Felipe Guardiola, as independent and non-executive chairman; M\u00e1ximo Buch, as a member of the board representing the Stator Management fund; and Federico \u00c1vila, as managing director and chief executive. “The creation of this board is a natural step in the evolution of Lantania’s corporate governance structure and reaffirms the support of the partners in the development and future of the company,” says \u00c1vila.<\/p>\n The composition of the Board of Directors reflects the Group’s shareholder structure in which, in addition to the management team, Stator Management participates along with other minority investors. Guardiola is managing partner of Guardiola i Linde and president of the National Association of Financial Companies (Ansofi). Buch is managing partner of Stator, chairman of the board of directors of Noatum Maritime Holdings and non-executive director of Claro Sol Facility Services.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" The Infrastructure, Water and Energy Group improves its EBITDA by 34% to \u20ac10.3 million \u00a0The company strengthens its development and professionalisation by establishing a Board of Directors Madrid, 5th March 2020. Lantania closed last year with a 71% increase in turnover, reaching \u20ac100.4 million. The Infrastructure, Water and Energy Group exceeded its forecasts and […]<\/p>\nA year of consolidation<\/h5>\n
Constitution of the Board of Directors<\/h5>\n