Revenue decreased by 4.7% on a lfl basis but 1% positive surprise on consensus. EBITDA decreased by 3.4% on a lfl basis. EBITDA margin improved by 10bp to 7.5%. EBIT increased by 3.2% on a lfl basis. EBIT margin improved by 40bp to 5.4%. Net income rise by 6.3% but 21% positive surprise on the EPS. Backlog increase by 6.6% on a lfl basis. Net debt remains stable.
13 May 2016
Satisfactory Q1, ACS deserves a rerating
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Satisfactory Q1, ACS deserves a rerating
ACS Actividades de Construccion y Servicios SA (ACS:WBO) | 0 0 1.2% | Mkt Cap: 9,103m
- Published:
13 May 2016 -
Author:
Felix Brunotte -
Pages:
4
Revenue decreased by 4.7% on a lfl basis but 1% positive surprise on consensus. EBITDA decreased by 3.4% on a lfl basis. EBITDA margin improved by 10bp to 7.5%. EBIT increased by 3.2% on a lfl basis. EBIT margin improved by 40bp to 5.4%. Net income rise by 6.3% but 21% positive surprise on the EPS. Backlog increase by 6.6% on a lfl basis. Net debt remains stable.