As a group committed to sustainable and responsible growth, Sorigué is encouraged by its financial management in 2020, with 611 million euros in consolidated sales. This figure represents a 7% increase compared to 2019, when the company registered 571 million euros in turnover and grew by 7% as well compared to 2018.

Another highlight from the 2020 balance sheet is a drop in net financial debt compared to last year, which is in large part due to the positive performance of receivables and the repayment of loans. Having its accounts in order is a testimony to the company’s financial health and shows it is in line with the forecasts of its Strategic Plan.

In a year marked by the pandemic, productivity was mostly affected due to it cutting back some of its production for a number of months. This is reflected in its 28.5 million euro EBITDA, a 15% drop compared to last year when it registered an EBITDA of 33.5 million euros. However, an increase in sales and accumulated equity over the past two years, representing 38.65% of the balance sheet total, show that the group is extremely financially sound.

About Sorigué

Sorigué is a business group that was founded in 1954. The year 2011 witnessed the first generational handover in the group, as Ana Vallés assumed the role of managing director.

Today the company is a leader in the construction, services, water cycle, energy and materials industries, with a firm commitment to innovation, the circular economy and giving back to society.

With its 2018-2020 Strategic Plans, the company has approached growth with a sustainable perspective, and it has fostered a responsible business model based on the generation of knowledge through innovation and digitalisation; people and their talent; communication; and environmental and social responsibility as the foundations of its work.

The group had an average workforce of around 4,000 employees in 2020, and operates throughout virtually all of Spain, with main offices in Lleida, Barcelona and Madrid, as well as branches and production centres spread across a variety of cities such as Badalona, L'Hospitalet de Llobregat, Tarragona, Palma de Mallorca, Zaragoza, Huesca, Valencia, Granada and Seville.