Abengoa Sees Q1 Revenues Of EUR1.54 Bln - EUR1.57 Bln

(RTTNews) - Abengoa SA (ABGD), a Spain-based company engaged in the provision of technological solutions for the engineering sector, Tuesday said first-quarter revenues are expected to be in the range of 1.54 billion euros to 1.57 billion euros, up 1 percent from the same period last year considering the midpoint of the range.

At the same time, consolidated EBITDA is expected to reach between 265 million pounds and 285 million pounds, a growth of 0-7 percent.

According to the company, the engineering and construction backlog continues to reach new record levels. Strong order intake was seen during the first quarter, building on the high backlog levels reached at the end of 2014, taking total estimated backlog as at March 31, 2015 to around 8.60 billion euros.