CLERHP Announces Three-Year Business Plan Projected to Generate $784 Million in Revenue
CLERHP, a Spanish engineering and real estate development company listed on BME Growth, has unveiled its three-year business plan for the period of 2026–2028. The plan projects revenue of $784 million, EBITDA of $252 million, and net income of $162 million over this timeframe. A key component is Larimar City & Resort in Punta Cana, Dominican Republic, which has already reached $400 million in sales—approximately half the projected revenue—and serves as a central driver for CLERHP's transformation into an integrated real estate business model. The company plans to begin paying dividends starting in 2027 by allocating 25% of its profits. To support this growth, CLERHP has secured $56 million in financing and holds $13 million in cash. The Business Plan outlines five strategic areas: engineering, structural construction, project management, real estate development, and integrated services. These will drive expansion through partnerships and diversification into operational services such as maintenance and rental management at Larimar City. CLERHP aims to strengthen its presence on capital markets following progress in Panama with Latinex and plans for future access to BME's main market.
