The company reports growth in fiscal 2021 results
MasTec Inc. (MasTec) reported strong growth in the Fiscal 2021 year. The company relayed that its revenue grew by 25.4% from the previous year. Specifically, the company’s oil and gas division reported 39.0% growth, while its power delivery division posted 100.0% growth to reach $1.0 billion (primarily because of acquisitions made in the past year). The company’s clean energy and infrastructure segment posted 22.0% growth, driven by acquisition activity.
New Activity|ESGIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
Lorem Ipsum text header Report Title
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Aliquam scelerisque facilisis nisl ac varius. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Ut vitae vulputate est, vel lacinia nisi. Curabitur eget nulla vitae mi faucibus imperdiet. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.
Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Morbi eget turpis ut diam commodo congue id eu lacus.