ACS increases profits with concessions and grows in construction

Grupo ACS closed the first six months of the year with good growth. The company, headed by Florentino Pérez, 15,415 million euro salesnet profit of 15.6% and 330 million compared to the same period of last year.

segment concessions were what would improve the mostincreased its profit by 91% to 79 million. The main construction sector contributed 170 million profits, 8% more than in the first half of 2021. Services provided by ACS translated into 16 million profits, 2 million more than last year.

As confirmed by the statement sent to the media by ACS, The area where the best recovery is seen is traffic on the highways. Abertis is above pre-pandemic levels. Abertis increased the Group’s net profit by 27 million euros. In addition, the construction company has agreed to sell 25% of the photovoltaic plants to Galp. In construction, they benefited from the revival of activity in Dragados and Hochtief and the revaluation of the dollar.

DHW Closed 61% of its sales in North America, 22% in Asia-Pacific, 10% in Spain and 6% in Europe. Its portfolio stands at €69,397 million, up 15.7% from last year, or 6.5% adjusted for exchange rates.

Spanish construction companies around the world

ACS, Acciona, Ferrovial, FCC, Sacyr, OHLA and San José once again entered the ranking of construction companies with the highest turnover., in 2021; According to a report by big four Deloitte. The best position went to the company led by Florentino Pérez, which closed with a turnover of 32,932 million euros and ranked 12th, led by Chinese, French and Japanese companies.

Eight Chinese companies dominate the top 10, to which only two French companies resisted. Acciona climbs from 39 to 36, while Ferrovial ranks 42 to 40, FCC 42 (43rd in 2020), Sacyr 59th (55th in 2020). Finally, OHLA remains at number 74 in the standings and Grupo San José moves up to 96th place (99th in 2020).

The seven companies mentioned above together Additional revenue of $68,332 million, 3.8% of total industry sales worldwide. “The industry is facing challenges posed by disruptions in the supply chain and shortages of raw materials and labor that are putting upward pressure on construction costs,” says Javier Parada, Deloitte’s global engineering and construction partner.

Source: Informacion

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