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Despite the uncertainty of the investors and a change of regulatory political landscape, MASCEC has never been more positioned to take advantage of his portfolio of offers, he claimed the CEO José Mas during a winning call for a whole year of the company on February 28.
“I have never seen the impetus for demand and the number of opportunities for our collective business,” Mas told analysts. He added that a “rebirth of gas generation” was on the horizon.
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Mastec, based in Coral Gables, Florida, specializes in engineering, installation and maintenance of communications, energy and useful infrastructure. The company’s niches coincide with the executive orders of President Donald Trump a Trim sustainable energy projects and Rules of ease of oil and gas constructions in the USA
To that end, Mas said that Mastec’s business portfolio customers discuss projects and offers up to a decade on the road.
“The general issue is the level of demand unprecedented for our customers of communication, energy supply, generation, civil and infrastructure of pipes,” said Mas. “In all the segments we operate, our customers face the greatest demand of their services.”
Policy Jitters
At the same time, in the midst of enthusiasm, Mas said that last month, investors have also been frightened by the political landscape, which includes the freezing of Funds of the Law of Investment and Infrastructure and Reduction of Inflation to Inflationas well as a potential weaker demand for power due to Appearance of Deepseek In the artificial intelligence space.
“Obviously, there is a lot of noise. You had the executive order in the wind [power]. You talked a lot about what can happen with anger or not. Regardless of these conversations and what could come out of this, we are still incredibly bullies by 2026, “Mas said in response to an investor question.
The numbers
Mastec reported income of $ 3.4 billion for the fourth quarter, a 4% increase over one year. For the full year 2024, the company recorded revenue of $ 12.3 billion, 3% increase, according to February 27 of News Communications.
The company had a profit of $ 74.7 million during the fourth quarter, up to $ 753,000 a year earlier. It had $ 162.8 million in profits for the year, reversing the course of a loss of $ 49.9 million for all 2023.
In particular, Mas highlighted clean energy and infrastructure, communications and company delivery companies, which increased their revenue by 21% year -on -year.
Mas, on the other hand, said that the firm hoped that his pipe business would decrease compared to 2024, due to the end of the 7.85 billion dollars of Mountain Mountain Valley Project in June and a great activity slows down.
The company reported a decline of $ 14.3 billion, 15% more than $ 2023 of $ 12.4 billion, for the publication.
By 2025, the company expects the revenue of 2025 to be $ 13.45 million, according to launch.
“Although our financial metrics of 2024 were much improved, we also have the ability to significantly improve the margins,” said Mas. “This opportunity for improvement is actually what I’m most excited.”
