Closing of the year and first data for 2021

As for many companies in this country, it has been the most difficult in our history. The COVID and its aftermath have dramatically conditioned the way we live, relate to each other, think and approach the market.

Fortunately, by overcoming these difficulties and with everyone's effort, we have achieved results that, although they were not what we expected when they were set - we did not expect to have to deal with this situation either - have been more than acceptable for the circumstances surrounding us.

And we can only thank our team for this.

In Spain, sales of companies in the industrial sector have declined by an average of 20%. Meanwhile, in the Group we have had a 4% decrease. This is mainly due to manufacturing delays caused by COVID or the impossibility of receiving deliveries from some customers.

AN OPPORTUNITY
TO THINK AHEAD AND TAKE ADVANTAGE OF NEW OPPORTUNITIES

Focusing on the future and the opportunities we have been adapting our structure, our processes and our work methodologies to this new reality in which we are immersed. We still have many other challenges ahead of us, ambitious challenges and dreams to fulfill, but our growth prospects are real.

We closed 2020 with an 11% increase in our order backlog, which encourages us to look forward to 2021.

That's why we start with enthusiasm, energy and a lot of motivation - we want to help transform the industry!

We have set ourselves a target of approximately 10% growth, both in orders and sales, and the results obtained in these first months of the year show that this is an achievable objective.