ACS CIMIC to deliver Stage 2 of Goyder Battery
The battery will add 227 MW storage capacity using Tesla Megablock technology, supporting grid stability.
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Global infrastructure development company
grupoacs.comLast updated
In short: ACS achieved record financial performance with a 15% net profit increase to €950 million and a backlog reaching nearly €93 billion.
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.
Operational net profit up 35% to EUR 480m in H1 2026, with record order backlog of EUR 84.8B.
CPB Contractors and UGL will construct a 179 MW wind farm in WA and deliver enabling works for synchronous condensers in NSW.
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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