Business · Companies · 3 hrs ago
Clerhp targets €700 million in revenue by 2028
Spanish developer Clerhp has set financial targets for 2026–2028 of €700 million in revenue and €145 million in net profit.
Its main project is Larimar City & Resort in Punta Cana, where sales have reached about €357 million.
Clerhp expects the project to drive much of its revenue, with its property development business forecast to bring in €640 million over the three years.
The company plans to begin paying dividends in 2027, allocating 25% of its profit to shareholders.
To fund its projects, Clerhp has raised €50 million through bonds and private debt, and it has €12 million in cash.
It also expects its Marelago project in Cap Cana to generate at least $60 million in sales and $20 million in gross margin in 2027 and 2028.
Clerhp says it will combine its own developments with investment partnerships on new projects.
Spanish company Clerhp Estructuras aims to generate €700 million in revenue from 2026 to 2028 under its new strategic plan.
The company also targets €225 million in EBITDA and €145 million in net profit over the period.
Its main growth driver is Larimar City & Resort, a real estate project in Punta Cana, Dominican Republic.
Clerhp plans to begin paying dividends in 2027, allocating 25% of profit to shareholders.
The company says Larimar has already reached about €357 million in sales.
- Who
- Clerhp Estructuras, a Spanish company based in Murcia.
- What
- It aims to generate €700 million in revenue from 2026 to 2028, alongside €225 million in EBITDA and €145 million in net profit.
- When
- The plan covers 2026 to 2028. Clerhp plans to begin paying dividends in 2027.
- Where
- Its flagship project, Larimar City & Resort, is in Punta Cana, Dominican Republic.
- Why
- The company says growth will be driven by its real estate promotion business, especially Larimar City & Resort.
This story does not have two clearly opposing sides.
Clerhp's strategic plan targets €700 million in revenue, €225 million in EBITDA and €145 million in net profit.
Clerhp plans to begin distributing dividends, allocating 25% of profit to shareholders.
Marelago is expected to deliver homes and contribute at least $60 million in sales and $20 million in gross margin at group level.
- Revenue target
- €700 million from 2026 to 2028
- EBITDA target
- €225 million
- Net profit target
- €145 million
- Larimar sales
- About €357 million
- Planned dividend allocation
- 25% of profit starting in 2027
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Con el desarrollo de proyectos de gran escala, la compañía entrará en el sector servicios y además, gracias a las capacidades adquiridas, puede mirar al futuro pensando en nuevos proyectos