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ACS expects net profit to rise to up to 1 bln euros by 2026
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ACS expects net profit to rise to up to 1 bln euros by 2026
Apr 17, 2024 2:49 AM

MADRID, April 17 (Reuters) - Spanish builder ACS

expects its net profit to rise to between 850 million

and one billion euros ($905 million-$1.06 billion) by 2026, the

company told investors on Wednesday during its Capital Markets

Day.

It also expects revenues to increase to between 43-48

billion euros by then, it said as it updated its strategy for

2024-26.

ACS, whose key markets are in the United States and

Australia, had a net profit of 780 million euros in 2023, while

it booked revenues of 35.73 billion euros.

($1 = 0.9394 euros)

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