Norbolsa | ACS will expand its presence in the airport sector by participating, alongside Australia’s BMD, in the construction of a new runway at Perth Airport (Australia), a five billion Australian dollar (€2.8 billion) project aimed at increasing the infrastructure’s capacity to 30 million passengers by 2046. The investment, which was approved last year, includes the new parallel runway, new terminals, two multi-storey car parks with associated road works, the…

Intermoney | The construction company (Buy, PO €69) has agreed to sell 50% of its subsidiary UGL to Japanese company Sojitz for around €282 million. UGL, which focuses on the operation and maintenance of transport equipment such as locomotives and wagons, belongs to Cimic, which in turn is controlled by the Group through Hochtief, and its main market is Australia. ACS will retain the remaining 50% of the capital and…

Renta 4 | Sales figures, which exceeded our forecast, show significant growth in all areas, led by Turner and Infrastructure. EBITDA, also better than our expectations, shows higher growth than sales, thereby significantly improving margins. This improvement is reflected in ordinary net profit which, excluding the currency effect, accelerates growth to 23.8%. This strong improvement has led the company to raise its guidance for the end of the year, expecting…

Link Securities | ACS (ACS), through its subsidiary Turner, has joined one of the largest digital infrastructure projects in the United States, according to Expansión newspaper. This is the data centre complex promoted by Oracle (ORA-US), OpenAI and Vantage in Port Washington, Wisconsin (United States), with an investment budget of $15 billion (around €13 billion) spread over several phases. The US hyperscalers have commissioned a group of contractors to develop…