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Investor Presentaiton

26 MOTA-ENGIL Delivering our commitments Guidance and strategic targets Top line growth Resilient EBITDA margin Achievements 1H 2019 Turnover up 7% YoY EBITDA margin at 14.4% ✓ Backlog > €5 bn Operating Cash Flow improvement Record backlog of €5.2 bn CFFO of €127 mn: +26% ✓ ✓ Capital structure optimisation Net debt/EBITDA of 2.5 x 16
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