Numbers

Cycons consolidates his strategic plan from the financial year 2005-2007 and maintained during the 2008 its turnover level, despite the major setback suffered by the sector throughout the year.

At the beginning of 2008, Cycons amending its strategic plan setting up until 2010 a significant number of measures adapted to the changing cycle in the Spanish construction market.

The market situation leads to a reduction in the portfolio of works.

Cycons decreases significantly the volume of work in the residential buildings sector in recent years; it is true that the public works and industrial projects rise and held with regard to the last two years.

The changes adopted in the 2008 makes us believe that the exercises 2009 – 2010 are forcing Spanish companies in the sector to modify considerably the business model. Cycons bet by maintaining a corporate structure of maximum value added with a forecast of billing around the 20 million euros yearly.

 

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