ACS Group Reports 6.1% Increase in Net Profit for 2024

Actividades de Construccion y Servicios SA ( (ES:ACS) ) just unveiled an update.

The ACS Group reported a net profit of 828 million euros in 2024, marking a 6.1% increase from the previous year, driven by strong operational performance across its segments, particularly Turner in North America. Sales rose by 16.5% to 41,633 million euros, and EBITDA increased by 28.7% to 2,456 million euros, reflecting the company’s robust growth and strategic investments, including the consolidation of the Australian mining services company Thiess.

More about Actividades de Construccion y Servicios SA

Actividades de Construccion y Servicios SA (ACS Group) operates in the construction and infrastructure industry, providing integrated solutions, engineering, and construction services. The company has a significant market presence in North America through its subsidiary Turner and in Australia through CIMIC.

YTD Price Performance: 7.40%

Average Trading Volume: 39,939

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €13.42B

For detailed information about ACS stock, go to TipRanks’ Stock Analysis page.