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Actividades de Construccion y Servicios SA (ACSAY)
OTHER OTC:ACSAY
Earnings Data
Report Date
May 19, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.17Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive operational and financial performance: double-digit revenue growth, robust EBITDA expansion, record backlog and very strong cash generation supported a series of strategic investments and major data center, energy and defense awards. Key challenges are manageable and primarily execution/timing and balance-sheet composition risks — notably Abertis' high net debt, some assets held for sale, cash timing at CIMIC and conservative FX assumptions in guidance. Overall, the positives (broad-based growth, exceptional data center momentum, Turner outperformance and strong cash conversion) materially outweigh the lowlights.Company Guidance
Strong Revenue and Profit Growth
Sales rose 19.7% to EUR 49.8 billion and reported ordinary net profit increased 25.3% to EUR 857 million (32.4% FX-adjusted); reported net profit was EUR 950 million. EBITDA grew 25% to EUR 3.1 billion with margin expansion across segments.
Exceptional Cash Generation and Improved Net Cash
Net operating cash flow reached EUR 2.2 billion in the last 12 months (up EUR 320 million adjusted for factoring), enabling a group net cash position of EUR 17 million at end-2025 (improvement of EUR 719 million year-over-year) after EUR 2.1 billion in strategic investments and shareholder remuneration.
Record Backlog and Accelerating New Orders
Order backlog hit an all-time high of EUR 92.9 billion (up 14.6% FX-adjusted). New orders totaled EUR 62.5 billion, up ~26.6-27% FX-adjusted, delivering a book-to-bill ratio of 1.3x.
Digital Infrastructure Surge (Data Centers)
Digital infrastructure represented ~28% of new orders (~EUR 17.6 billion), up around 130% year-on-year FX-adjusted. Global data center intake more than doubled in 2025 to EUR 17 billion, and the group secured multiple large awards (902 MW Wisconsin, 1 GW Meta India, 160 MW Netherlands, 58 MW Malaysia).
Turner Outperformance
Turner posted sales of EUR 25.8 billion, up 33.9%, with profit before tax of EUR 921 million (up >61%) and margin expansion of ~80 bps to 3.6%. Turner net operating cash flow rose by EUR 523 million to EUR 1.2 billion and net cash reached EUR 3.3 billion. Turner new orders were EUR 33.6 billion (up 44.2% FX-adjusted) and backlog a record EUR 37.7 billion.
Broad Segment Momentum and Margin Expansion
Engineering & Construction sales rose ~15.1% to >EUR 10.6 billion with EBITDA margin up 53 bps to 5.9% and PBT +45.2% FX-adjusted to EUR 275 million. CIMIC sales grew 11.2% with ordinary PBT +12.3% FX-adjusted; Iridium sales increased 45% and Abertis recurring business grew >6%.
Strategic Wins in Energy, Defense and Critical Minerals
Selected for Amentum/Rolls-Royce SMR delivery team and secured up to EUR 685 million nuclear/civil framework contract; defense backlog stood at EUR 3.5 billion including a EUR 1 billion German contract; critical minerals progress with Vulcan investment and EPCM appointment.
Capital Allocation and Platform Progress
Deployed EUR 1.7 billion in financial investments (EUR 564 million data centers, EUR 436 million Dornan acquisition, EUR 200 million Abertis contribution), completed strategic JV with BlackRock GIP targeting >1.7 GW, with 100 platform sites grid-connected and ~80% power secured; commercialization and lease negotiations under way (target first lease H1).
Actividades de Construccion y Servicios SA (ACSAY) Earnings, Revenues Date & History
ACSAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ACSAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 25, 2026 | $25.38 | $25.66 | +1.08% |
Nov 13, 2025 | $18.02 | $18.00 | -0.10% |
Jul 30, 2025 | $14.24 | $13.96 | -1.97% |
May 13, 2025 | $12.06 | $12.36 | +2.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Actividades de Construccion y Servicios SA (ACSAY) report earnings?
Actividades de Construccion y Servicios SA (ACSAY) is schdueled to report earning on May 19, 2026, After Close (Confirmed).
What is Actividades de Construccion y Servicios SA (ACSAY) earnings time?
Actividades de Construccion y Servicios SA (ACSAY) earnings time is at May 19, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACSAY EPS forecast?
Currently, no data Available