Users
MRG’s main goal is to provide outstanding service to its over 800,000 consumers.
Expansion
Madrileña Red de Gas has expanded its business from the original 38 to the current 59 municipalities in the Madrid region.
Network
Madrileña Red de Gas continues to pursue a policy of network growth, and built more than 233 km of new pipelines in the past financial period.
MPRS
This year we set in motion an insourcing plan for monitoring and controlling our metering and pressure regulating stations, which has led to enhanced quality and reliability.
Employees
MRG employs 166 people in-house and outsources auxiliary activities to over 300 contractors.
Revenue
Total revenue in 2014 came to €180.8 million, €4.7 million more than in 2013. 85% of this figure was accounted for by regulated remuneration for the distribution business, while the remaining 15% related to other services linked to natural gas distribution.
EBIT
EBIT rose 3.3% year-on-year on the back of increased EBITDA.
Cash flow
In 2014 operating cash flow totaled €97.6 million, 17% down year-on-year.
