MADRID, July 30 (Reuters) - Spanish builder ACS
on Tuesday posted a smaller-than-expected 8% rise in first-half
net profit as it continues to expand its construction services
into energy, digital, hi-tech projects and toll roads in North
America and Europe.
The company booked a net income of 416 million euros ($450
million) for the first six months of 2024, slightly missing the
average of analysts' expectations of 429 million euros,
according to an LSEG poll, even as revenues beat expectations.
Some 62% of the group's 18.7 billion euros in total sales in
the period, up 10% from a year ago, came from the North American
operations. Revenues beat analysts' forecasts of 16.6 billion
euros.
($1 = 0.9237 euros)