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ACS Actividades de Construccion y Servicios SA (ACS.MC)

ACS.MC on Madrid SE C.A.T.S.

29.20EUR
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

ACS to sell stake in Sintax for 55 million euros
Thursday, 17 Nov 2016 12:03pm EST 

ACS Actividades de Construccion y Servicios SA : Reaches agreement with France's Compagnie d'Affretement et de Transport (CAT) to sell the whole stake in Sintax for 55 million euros ($58.6 million) .Sees capital gain of 5.6 million euros from transaction.  Full Article

ACS 9-Month EBITDA down at 1.51 bln euros
Monday, 14 Nov 2016 11:58am EST 

ACS Actividades de Construccion y Servicios SA : 9-Month net profit 570 million euros ($611.3 million) versus 574 million euros year ago . 9-Month EBITDA 1.51 billion euros versus 1.62 billion euros year ago . 9-Month sales 23.37 billion euros versus 25.14 billion euros year ago .Portfolio at end of Sept. 62.14 billion euros, up 9.1 percent versus year ago.  Full Article

Hochtief Q3 operational net profit up 45 pct at EUR 89 mln
Thursday, 3 Nov 2016 02:06am EDT 

Hochtief : Says Q3 sales at 5.0 billion euros ($5.56 billion), down 5 percent yoy . Says order backlog as at Sept. end at 39.2 billion euros, +10 percent year on year . Says 2016 operational net profit guidance of 300-360 million euros confirmed (+15-35 pct yoy) . Says Q3 operational net profit at 89 million euros, +45 percent year on year . Says net cash flow from operating activities 444 million euros in Q3, +35 percent year on year .Says Q3 new orders at 5.7 billion euros, +19 percent year on year.  Full Article

ACS to build tunnel in Canada for 101.5 mln euros
Tuesday, 11 Oct 2016 02:14am EDT 

ACS Actividades de Construccion y Servicios : Says its unit, Dragados Canada, will build a combined sewage storage tunnel, 6.4 kilometer long, in Ottawa, Canada, for about 101.5 million euros ($113.69 million) Further company coverage: [ACS.MC] ($1 = 0.8928 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

ACS selected as preferred bidder for expansion of Aberdeen port
Monday, 12 Sep 2016 10:41am EDT 

ACS Actividades de Construccion y Servicios SA : Says, its unit Dragados has been selected as preferred bidder for expansion of the port of Aberdeen, Scotland . Says the port expansion contract is worth 400 million euros ($449 million) Further company coverage: [ACS.MC] ($1 = 0.8909 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Spain's ACS says on track to meet 2016 goals
Friday, 29 Jul 2016 08:20am EDT 

ACS Actividades De Construccion Y Servicios SA : Says on track to meet 2016 goals Further company coverage: [ACS.MC] (Reporting By Amanda Cooper; Editing by Sonya Dowsett) ((sonya.dowsett@thomsonreuters.com;)).  Full Article

ACS in consortium wins contract for $100 mln in Saudi Arabia
Monday, 11 Jul 2016 02:06am EDT 

ACS Actividades de Construccion y Servicios SA : Says in consortium with Saudi Kad and via ACS Industrial's unit, Masa Pipelines, wins a pipeline contract in Saudi Arabia for $100 million . The contract awarded by Aramco includes the construction of 250 kilometers of pipeline and it is a part of Saudi Aramco's Master Gas System Expansion project Further company coverage: [ACS.MC] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

ACS wins two new contracts in Japan
Monday, 4 Jul 2016 02:00am EDT 

ACS Actividades de Construccion y Servicios SA : Wins two new contracts in Japan increasing its project portfolio in the country to 170 million euros ($189 million) . Through its unit, MAETEL Construction Japan K.K.K, to develop and operate two new photovoltaic plants in the towns of Hayato and Hokota Further company coverage: [ACS.MC] ($1 = 0.8983 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

ACS to pay scrip dividend at 0.707 euro per right
Wednesday, 22 Jun 2016 12:34pm EDT 

ACS Actividades de Construccion y Servicios SA :Says to issue 8.3 million shares in scrip dividend, sets repurchase price to 0.707 euro ($0.7997) per right.  Full Article

ACS sells its stake in Yoigo to Masmovil
Tuesday, 21 Jun 2016 03:41am EDT 

ACS Actividades de Construccion y Servicios SA : Says sells its stake in Xfera Moviles (Yoigo) to Masmovil , issues convertible loan for up to 200 million euros ($226.9 million) in relation to the sale Further company coverage: [ACS.MC] ($1 = 0.8816 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article