Euro Group Laminations SpA (MIL:EGLA) Construction In Progress : €76.1 Mil (As of Jun. 2023)

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What is Euro Group Laminations SpA Construction In Progress?

Euro Group Laminations SpA's quarterly construction in progress declined from Sep. 2022 (€76.3 Mil) to Dec. 2022 (€61.4 Mil) but then increased from Dec. 2022 (€61.4 Mil) to Jun. 2023 (€76.1 Mil).

Euro Group Laminations SpA's annual construction in progress increased from Dec. 2020 (€17.0 Mil) to Dec. 2021 (€25.5 Mil) and increased from Dec. 2021 (€25.5 Mil) to Dec. 2022 (€61.4 Mil).

Euro Group Laminations SpA Construction In Progress Historical Data

The historical data trend for Euro Group Laminations SpA's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Euro Group Laminations SpA Construction In Progress Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Construction In Progress

4.98

16.96

25.55

61.36

Euro Group Laminations SpA Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23
Construction In Progress	Get a 7-Day Free Trial			25.55	-	76.31	61.36	76.06

Euro Group Laminations SpA Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Euro Group Laminations SpA (MIL:EGLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

QK9:Germany QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors. The group is organized into two operating segments which are EV and Automotive which operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. The company earns the majority of its revenue from the Industrial segment.