Key information (9m figures): Sales decreased by 5.3% on a lfl basis. EBITDA down by 2.2% on a lfl basis. EBITDA margin improved by 20bp to 6.5%. EBIT increased by 6.6% on a lfl basis. EBIT margin improved by 50bp. Net financial expenses down by 38%. Net profit up 2.4% on a lfl basis and decreased by 0.7% on a reported basis to €570m. Backlog up 9.1%. Net debt decreased by 29%.
16 Nov 2016
Trumped ACS: US infrastructure, CIMIC’s and Hochtief’s improvements make a buying opportunity
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Trumped ACS: US infrastructure, CIMIC’s and Hochtief’s improvements make a buying opportunity
ACS Actividades de Construccion y Servicios SA (ACS:WBO) | 0 0 1.2% | Mkt Cap: 9,103m
- Published:
16 Nov 2016 -
Author:
Felix Brunotte -
Pages:
4
Key information (9m figures): Sales decreased by 5.3% on a lfl basis. EBITDA down by 2.2% on a lfl basis. EBITDA margin improved by 20bp to 6.5%. EBIT increased by 6.6% on a lfl basis. EBIT margin improved by 50bp. Net financial expenses down by 38%. Net profit up 2.4% on a lfl basis and decreased by 0.7% on a reported basis to €570m. Backlog up 9.1%. Net debt decreased by 29%.