ACS, Actividades de Construcción y Servicios S.A. Announces Group Earnings Results for the Nine Months Ended September 30, 2018
November 13, 2018
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ACS, Actividades de Construcción y Servicios S.A. Announced group earnings results for the nine months ended September 30, 2018. For the period, the company reported net sales of EUR 27,091 million against EUR 25,758 million a year ago. Operating Cash Flow (EBITDA) was EUR 1,806 million against EUR 1,712 million a year ago. Ordinary Operating Profit (EBIT) was EUR 1,350 million against EUR 1,235 million a year ago. Operating Profit was EUR 1,285 million against 1,122 million a year ago. Net profit attributable to the parent company was EUR 691 million against EUR 603 million a year ago. EPS was EUR 2.22 against EUR 1.93 a year ago.
ACS, Actividades de Construcción y Servicios, S.A. is one of Spain's leading construction groups. Net sales break down by activity as follows:
- construction of infrastructures and buildings (93.3%): civil engineering infrastructures (primarily highways, hydraulic constructions and railroads), non-residential and residential buildings;
- services (5.4%): cleaning, waste collection and treatment. Moreover, the group offers maintenance services of urban and industrial infrastructures, port and logistical services, and also social services and personal assistance services.
- industrial services (0.5%): development, construction, installation and maintenance of distribution networks of electricity, gas and water, industrial production systems, telecommunication networks, road traffic control systems, etc.;
- other (0.8%).
Net sales are distributed geographically as follows: Spain (9.4%), the United States (56.3%), Australia (20.2%), Canada (5.3%), Germany (2.4%) and others (6.4%).
ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A. 
