Actividades de Construccion y Servicios SA ( (ACSAY) ) has released its Q4 earnings. Here is a breakdown of the information Actividades de Construccion y Servicios SA presented to its investors.
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Actividades de Construccion y Servicios SA (ACS) is a leading global infrastructure and construction company, specializing in the development of digital infrastructure, energy, sustainable mobility, and defense projects. The company operates primarily in North America, Asia Pacific, and Europe.
In its fiscal year 2024 earnings report, ACS reported a robust financial performance with significant growth in sales, backlog, and net profit. Sales increased by 16.5% to €41,633 million, while the backlog rose by 19.9% to €88,209 million. The company’s EBITDA also saw a substantial increase of 28.7%, reaching €2,456 million.
Key highlights from the report include a net profit of €828 million, a 6.1% increase from the previous year, and earnings per share rising by 7.8% to €3.23. The company also made notable strategic investments, including a share capital increase in Abertis and the acquisition of an additional stake in Thiess. The integration of Thiess contributed significantly to the company’s performance, particularly in the Asia Pacific region.
ACS’s financial position remains strong, with a high net operating cash flow of €2,094 million, enabling substantial investments and shareholder remuneration. Despite an increase in net debt to €702 million, the company’s strategic positioning in high-growth markets and its diversified portfolio support its continued growth trajectory.
Looking ahead, ACS management remains optimistic about the company’s prospects, focusing on expanding its presence in advanced technology and new generation infrastructure sectors. The company’s strategic investments and strong market positioning are expected to drive further growth and value creation for shareholders.