Grupo ACS net debt has been reduced by 4,382 euro million, a 47%, down to 1.8 times EBITDA
• 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
Sales accounted for 28,468 euro million, a 56.3% more than in the same period of last year.
Very good operating results with an all-time record in sales, backlog and EBITDA in a semester
This agreement assures a stable financing of the investment that ACS holds in Iberdrola, eliminating the need to provide additional guarantees
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.
ACS has sold on the market a 3.69% of Iberdrola for a price of 3.62 €/share.
The new COO of the German construction company is joining the Executive Committee as the Group’s head of operations
Turnover grew up to EUR 28,472 million, a 98.7% increase.
- Turnover climbs to EUR 18.209 billion, a 61% increase over the same period in 2010.