30 Oct 2020
Q3 20: Last year’s boon this year’s bummer
ACS registered a drop of 5.5% in sales over 9m but its EBITDA and net income were materially lower, by 17.1% and 37.9% respectively. Ex Abertis the net income was down by only 12.3%. As for the deal with Vinci, ACS plans to use the proceeds to strengthen its core greenfield infrastructure construction business in its core markets.
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Q3 20: Last year’s boon this year’s bummer
- Published:
30 Oct 2020 -
Author:
Sejal Varshney -
Pages:
3
ACS registered a drop of 5.5% in sales over 9m but its EBITDA and net income were materially lower, by 17.1% and 37.9% respectively. Ex Abertis the net income was down by only 12.3%. As for the deal with Vinci, ACS plans to use the proceeds to strengthen its core greenfield infrastructure construction business in its core markets.