Press releases

Showing 161-170 of 264 items.
ACS reduces its debt by half and the clean-up for Iberdrola impacts in the results of the year

Grupo ACS net debt has been reduced by 4,382 euro million, a 47%, down to 1.8 times EBITDA

HOCHTIEF appoints Marcelino Fernández Verdes as chief executive officer

• He was elected unanimously as CEO by the Supervisory Board of the German company. He has the full backing of all the main shareholders and the company's committee

ACS focuses on Hochtief profitability growth

Sales accounted for 28,468 euro million, a 56.3% more than in the same period of last year.

The cleaning up process in Iberdrola impacts

Very good operating results with an all-time record in sales, backlog and EBITDA in a semester

ACS refinances its Iberdrola debt for an amount of 1,600 million Euros

This agreement assures a stable financing of the investment that ACS holds in Iberdrola, eliminating the need to provide additional guarantees

Grupo ACS net profit in the first quarter of 2012 totals 207 million Euros,

After the incorporation of Hochtief, turnover amounted to 9,035 million Euros, 144.8% more than the same period last year.• International sales now account for 78.6% of total.

Grupo ACS reduces its stake in Iberdrola to 14.85%

ACS has sold on the market a 3.69% of Iberdrola for a price of 3.62 €/share.

Marcelino Fernández Verdes, appointed as a new member of the Executive Committee and Chief Operating Officer of Hochtief

The new COO of the German construction company is joining the Executive Committee as the Group’s head of operations

Grupo ACS net profit in 2011 totals EUR 962 million

Turnover grew up to EUR 28,472 million, a 98.7% increase.

ACS Group’s net profit totals EUR 739 million

- Turnover climbs to EUR 18.209 billion, a 61% increase over the same period in 2010.