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Soares Da Costa
0,18 0,00 0,18 0,18
PSI-20
4.759,94 -2,66 4.894,90 4.759,94

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Identity

Company Name: Soares da Costa, SGPS, S.A.
Turnover in 2010: 893.5 million Euros

Corporate Description and Strategy
Soares da Costa, SGPS is a corporation of equity capital, the majority of which is Portuguese, which manages a portfolio of companies in the sector of construction and public works.  The intent is to develop as an economical group of construction and services/concessions of international proportions, with levels of profitability and generation of stockholder wealth in line with the best global references worldwide.

The corporate structure is separated in three sub-holdings, corresponding to the following areas of business: Construction, Concessions and Real Estate.  With its permanent objective for profitability transaction by transaction, its success is based on sustainable growth, supported by a highly qualified professional team focused on diversification and innovation in every project. The corporation is proud to be the generator of economic, social, and intellectual value exploring for this synergies found within the Group in order to improve the operational efficiency and minimize operating costs.

The company currently develops the largest part of its activities internationally, with a permanent presence in the markets of Angola, Romenia and the United States of America (in the state of Florida). However, the search for new business opportunities in other locations is a constant, in civil construction or concessions where the values and engineering capabilities of Soares da Costa can constitute a comparative advantage.


Corporate Profile
Soares da Costa, SGPS Group is one of the first three largest groups from the field of constructions and public works in Portugal.

The Group has a strong internacional component (more than 50% of turnover is originated in non-domestic market), maintaing a permanent presence in the US (Florida) and Angola. In European terms, Soares da Costa is among the first 100 largest groups of construction, classifying itself in 2011 on the 47st place, according to the Europeans Power of Construction Publication.  

Business Portfolio

- Soares da Costa Construção, SGPS, S.A. – Construction and Civil Engineering.
- Soares da Costa Indústria, SGPS, S.A. – Subsidiary industries of construction or highly specialized industries.
- Soares da Costa Concessões SGPS, S.A. – Exploration of infrastructure of public works concessions.
- Soares da Costa Imobiliária, SGPS, S.A. – Real estate management and promotion.

Strategy

- Sales of one thousand million Euros by 2012.
- Focus activities in two strategic areas of business to share distinctive competencies: construction and concessions/services (railways and roadways infrastructure, parking lots, airports, etc.).
- Align processes and management systems in order to maximize efficiency and optimize costs.
- Explore opportunities of inorganic growth in construction and concessions that reinforce the positioning in these areas and the capacity of leverage.
- Selection of a third international core market, to add to the United States and Angola
- Prepare the bases for diversification /strengthening of concessions starting in 2010, focusing on infrastructure management services, renewable energy, prisons, etc.

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