Manuel Manrique underlines the strength of the Sacyr Concession model11/06/2020
- The Chairman and CEO of Sacyr highlighted the fact that the multinational company has been able to continue working on projects relatively normally over the past few months thanks to the company's strategic focus and the work undertaken by its almost 40,000 professionals.
- Manuel Manrique, Chairman and CEO of Sacyr, informed shareholders that the objectives of the 2015–2020 Strategic Plan have been met successfully, and that the multinational is starting to design a new strategic cycle.
- The GSM (General Shareholders' Meeting) approved including the concept of sustainability into its Articles of Association, aimed at creating long-term value for all stakeholders. The company has enhanced its governing bodies with the creation of a Sustainability and Corporate Governance Committee, attached to the Board of Directors, and a Sustainability Committee.
- The GSM approved the authorization to make capital injections for payment of the annual dividend in the form of SCRIP dividends. The Chairman and CEO informed shareholders that the Board of Directors will assess how it is executed over the next few months.
The General Shareholders' Meeting (GSM) of Sacyr, held remotely from the company's headquarters, today approved, with a vast majority, all items on the Agenda suggested by the Board of Directors.In his address to shareholders, the Chairman and CEO of Sacyr, Manuel Manrique, expressed his "deepest condolences to the families and loved ones of those who have died due to the coronavirus" over the last few months.
"At Sacyr, we are doing everything we can to protect and care for the people we serve in 30 countries, and also our workers, taking all preventive and safety measures within our reach," he explained.
The Chairman and CEO detailed some of the measures and initiatives taken by the company in order to help fight the pandemic in the countries in which it is present. He stressed that the savings generated by holding the GSM virtually will be donated to a soup kitchen program. This donation will be added to those already made during the crisis for the purchase of healthcare material in Spain, Portugal, Peru, etc., together with the donation of food to various NGOs in Spain.