ACS and HOCHTIEF report strong results and upgraded guidance
The group highlights Coravel as a new growth platform, digital infrastructure's strategic prominence, and the Gordie Howe International Bridge opening in North America.
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Global infrastructure development and construction group
grupoacs.comLast updated
In short: ACS reported a 13.3% net profit increase to €510 million in H1 2026 and opened the $6.4 billion Gordie Howe bridge.
The group highlights Coravel as a new growth platform, digital infrastructure's strategic prominence, and the Gordie Howe International Bridge opening in North America.
The $6.4 billion project by Bridging North America is North America’s longest cable-stayed bridge, opened July 27, and will be operated for 30 years.
The battery will add 227 MW storage capacity using Tesla Megablock technology, supporting grid stability.
Sales reached €26.17 billion, EBITDA up 13%, and backlog grew 18.5% to €105.9 billion. S&P upgraded credit rating to BBB.
ACS has strengthened analysts' confidence after raising its forecast for ordinary profit growth for 2026 to 30%-35%, from 20%-25...
The construction company chaired by Florentino Pérez obtained a net profit of 510 million between January and June, driven by the evolution of Turner and of...
ACS Group shares have plummeted 5.06% on the stock market, to 108.90 euros, after its German subsidiary Hochtief reported the...
The accumulated experience of ACS in this market, where it has participated in the development and construction of more than 5.5 GW of capacity, has led the...
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