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Home » ACS earns 163 million through March and grows its net income by 20%

ACS earns 163 million through March and grows its net income by 20%

ACS’ attributable net profit for the first quarter of 2023 is €163 million, up 20% year-on-year, highlighting Abertis’ contribution of €41 million. Earnings per share (EPS) increased by 30.2% to EUR 0.63.

The income of the company he heads Florentino Pérez reaches 8.111 million euroswhich corresponds to an increase of 17.1% from 6,926 million euros.

All activities showed a good operational development and grew by 51.3% to 159 million eurossupported by build performance and greater contribution from Abertis.

The gross operating profit (Ebitda) of the activities increased by 19.6% compared to the comparable period. Including the results of the group and the energy businesses, which make a smaller contribution after last year’s divestitures, the group’s ebitda is 462 million euros, up 15.6% on the previous year.

The net operating profit (ebit) is 328 million euros, 15.9% more than in the previous year.

Net debt is 1,948 million euros, having made strategic investments worth 2,464 million in the last twelve months. The company has increased its debt by 2,613 million.

The backlog (as of March 2023) amounts to €71,270 million and has increased by 3.3% since December 2022, thanks to the allocation volume registered in the quarter, which reached €12,365 million.

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