ACS/€ACS

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About ACS

ACS Actividades de Construcción y Servicios SA (ticker: ACS) is a Spanish conglomerate primarily involved in civil and engineering construction, services, and infrastructure project development. Operating globally, ACS is especially prominent in the sectors of construction, industrial services, and environmental services. Founded in 1997 through the merger of OCP Construcciones, S.A. and Ginés Navarro Construcciones, S.A., ACS is involved in development of critical infrastructure worldwide.
Ticker
€ACS
Primary listing
BME
Employees
152,300
Headquarters
Madrid, Spain

ACS Metrics

BasicAdvanced
€29B
26.79
€3.88
0.61
€1.88
1.81%

What the Analysts think about ACS

Analyst ratings (Buy, Hold, Sell) for ACS stock.
Analyst projections of the future price of ACS stock.

Bulls say / Bears say

ACS raised its 2026 ordinary net-profit target to €1.11–1.155 billion, implying 30%–35% growth over 2025, after reporting €510 million of first-half net profit, up 13.3% year over year. (Cinco Días)
The order book reached a record €105.856 billion, up 18.5%, while data-center projects rose 88% to €21.9 billion and represented 22% of the backlog; this provides strong revenue visibility and exposure to high-growth digital infrastructure. (Cinco Días)
Hochtief’s acquisition of German power-transmission specialist Autmatec expands ACS’s capabilities in high-voltage grid construction and supports its strategic focus on energy-transition and critical-infrastructure markets. (Cinco Días)
The May 2026 accelerated placement involved approximately 16.5 million shares, or about 6% of ACS’s capital, including a 2% primary issuance; the deal priced at a 5.1% discount, creating dilution and demonstrating the company’s need to raise equity for investment commitments. (Cinco Días)
ACS is committing substantial capital to growth initiatives, including a previously announced €5.5–6.0 billion investment framework, €746 million in data-center investments and €200 million for Abertis; execution risk and returns on these investments could pressure shareholder returns if projects underperform. (Cinco Días)
Abertis, a major infrastructure asset in which ACS owns 50%, contributed €86 million in the first half of 2026, down 3.8% year over year despite higher revenue and EBITDA; this indicates that not every core business is translating operational growth into higher earnings for ACS. (Cinco Días)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.

ACS Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

ACS Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.