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

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

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Latest Key Developments (Source: Significant Developments)

ACS EBITDA down 5.5 percent in FY 2016
Tuesday, 28 Feb 2017 12:23pm EST 

Actividades de Construccion y Servicios (ACS) : Portfolio at end-Dec. 66.5 billion euros ($70.5 billion), up 12.9 percent versus year ago . FY net profit 751.0 million euros versus 725.3 million euros year ago . FY net sales 31.98 billion euros versus 33.29 billion euros year ago . FY EBITDA 2.02 billion euros versus 2.14 billion euros year ago .Net debt down 53.7 percent at 1.21 billion euros versus year ago.  Full Article

Hochtief eyes opportunities in North America - CEO
Tuesday, 28 Feb 2017 04:25am EST 

Hochtief CEO at news conference : Says, when asked about whether ACS aims for a domination agreement at hochtief, that question should be directed at ACS . Says wants to benefit from new opportunities in North America . Says doesn't yet know whether Trump will really build the wall, but are open to all contracts in the U.S. Further company coverage: [HOTG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Spain's ACS signs renovation of a 2.35 billion euros credit
Tuesday, 20 Dec 2016 02:44pm EST 

Spain's ACS : Says signs renovation of a 2.35 billion euros ($2.44 billion) credit line with a group of 46 foreign and Spanish banks and maturity in December of 2021 . Says financing contract has two tranches, a so-called 'A tranche' of 1.4 billion euros and a so-called 'B liquidity tranche' of 950 million euros. Further company coverage: [ACS.MC] ($1 = 0.9626 euros) (Reporting By Madrid Newsroom) ((jesus.aguado@thomsonreuters.com;)).  Full Article

ACS sees capital gain of between 325 and 560 mln euros from Urbaser sale
Wednesday, 7 Dec 2016 12:31pm EST 

ACS Actividades de Construccion y Servicios SA : Sees capital gain of between 325 million euros ($349.4 million) and 560 million euros from the sale of Urbaser [nFWN1E20VK] Further company coverage: [ACS.MC] ($1 = 0.9302 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

ACS sells its stake in Urbaser to Firion Investments
Wednesday, 7 Dec 2016 11:13am EST 

ACS Actividades de Construccion y Servicios SA :Says it has executed sale of its whole stake in Urbaser SA to Firion Investments SLU.  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

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