UPDATE 1-ACS posts 17% rise in 2023 profit stoked by construction overseas [Yahoo! Finance]
ACS ACTIVIDADS CNS UN/ADR (ACSAY)
NASDAQ:AMEX Investor Relations:
grupoacs.com/shareholders-investors/contact-us
Company Research
Source: Yahoo! Finance
MADRID, Feb 29 (Reuters) - Spanish builder ACS on Thursday posted a higher-than-expected 17% rise in 2023 net profit as it continues to benefit from its construction portfolio in the United States and Australia, and from toll-road businesses. It said it netted 780 million euros ($842 million), while revenues rose 6.3% from a year earlier to 35.73 billion euros. Analysts polled by LSEG had expected, on average, a 5.6% rise in revenues and 2.3% increase in profit. The road concession business generated 206 million euros in profit, 5.7% higher than a year ago, as motorway traffic exceeded pre-pandemic levels. Abertis, the toll road concession company in which ACS holds a 50% stake, increased its contribution to the group net income by 25% to 179 million euros. On the back of strong results from construction activities also in its home country, the company said in late 2023 it had begun to evaluate possible sale of its services unit Clece, which operates mainly in Spain. ACS
Show less
Read more
Impact Snapshot
Event Time:
ACSAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACSAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACSAY alerts
High impacting ACS ACTIVIDADS CNS UN/ADR news events
Weekly update
A roundup of the hottest topics
ACSAY
News
- CIMIC increases ownership of Thiess to 60%PR Web
- HOCHTIEF Aktiengesellschaft (ETR:HOT) Is About To Go Ex-Dividend, And It Pays A 4.2% Yield [Yahoo! Finance]Yahoo! Finance
- Southeast Asia Elevators & Escalators Market by New Installations to Reach 40.3 Thousand Units by 2029 - Australian Market to Reach 6.7 Thousand Units by 2029 - Arizton [Yahoo! Finance]Yahoo! Finance
- Thiess secures six-year contract extension at Mount Arthur SouthPR Web
- CIMIC's CPB Contractors wins Royal Prince Alfred Hospital redevelopment projectPR Web