We combine the business competitiveness with the cooperation and the social justice. The company is a tool to satisfy the needs of the workers and the society in general. To achieve its function, it must be competitive and profitable.
We are a profitable and solid Group
This are the economic and financial results of the Group Fagor:
|
2022 |
2023 |
2024 |
|
| Sales | 1.819 M€ | 1.756 M€ | 1.781 M€ |
| Consolidated profits | 46,19 M€ | 75,36 M€ | 76,15 M€ |
| Profits in the Basque Country | 39,93 M€ | 54,80 M€ | 57,53 M€ |
| % profits in the Basque Country | %86 | %73 | %76 |
| Net financial Debt/EBITDA Ratio | 1,88 | 1,26 | 1,1 |
| Independence ratio | 0,67 | 0,74 | 0,77 |
In comparison with the 2023 year’s data:
1,4%
sales
1%
consolidated profits
Net financial debt
Independence ratio
Most of our profits have been distributed in the Basque Country
76,1 M€
Worldwide profit among Fagor Group cooperatives.
18,6 M€
What remains in the subsidiaries.
57,5 M€
Distributed in the Basque Country.
The solidarity is the base of the distribution of our results
57,5 M€ distributed in the Basque Country.
6 M€
Solidarity mechanisms of Mondragon.
2,4 M€
Solidarity Remuneration Fund for the Fagor Group.
49 M€
To be distributed.
4,4 M€
redistribution of profits of the Fagor Group.
The majority of our profits are for Fagor members
49 M€ what remains to share out.
Workers-members
Reserve funds
Society
