Sacyr generated a net profit of €116 million in the first nine months of 2026, an 87% increase compared to the same period in 2025. Operating cash flow reached €930 million, up 21% from the same period last year (excluding the cash contribution from assets sold in 2025), according to the company chaired by Manuel Manrique. Revenues reached €3,777 million (+11%) and EBITDA stood at €1,111 million (+9%). Concession assets…
Spain is an undisputed global powerhouse in managing transport infrastructure and networks through public-private partnerships, and these three companies have progressively shifted away from low-margin pure construction to focus on long-term concession management, which provides recurring and stable revenues. The framework of the US plan would allow these companies to contribute private capital, manage the infrastructure, and structure the projects through Project Finance, benefiting from tolls or availability payments for…
S&P Global Ratings has assigned Sacyr a long-term corporate credit rating of ‘BBB-‘ with a ‘stable’ outlook, placing the company within the ‘Investment Grade’ category. According to a company press release, this is the first time Sacyr has received a rating from S&P. The company emphasized that this milestone “recognizes the transformation of its business model, its financial strength, and its evolution toward an increasingly concession-focused and international profile.” S&P…
Renta 4 | Revenue, in line with expectations, has increased as a result of the contribution from new concession assets, which more than offset the divestment in Colombia and the launch of water projects and progress on works in the portfolio. Furthermore, the accounting effect of increased activity in concession construction is evident, affecting the holding and adjustments item. EBITDA, which exceeds forecasts, rises due to the contribution of new…
Intermoney | Sacyr (Buy, Target Price €4.80 from €4.60) will announce its results for the year to 26 March next Wednesday, 29 April, holding a conference call the following day at 12 noon. We expect the Group to have continued its trend of stabilising accounting EBITDA, whereby the lower contribution from the Pedemontana Veneta (PV) motorway and the sale of Colombian assets would be offset by a higher contribution from…
Link Securities | The Central Metropolitan Health Service of the Chilean Ministry of Health has awarded Sacyr the contract to rebuild the facilities of the Diagnosis and Treatment Centre (CDT) and the San Borja Arriarán Hospital in Santiago, Chile, for €95.2 million. This was announced by the company in a statement, which highlights that the scope of the contract includes the reconstruction of the hospital affected by a fire in…
Norbolsa | Sacyr and ACS have been selected by the British government to participate in the New Hospitals Programme, valued at £37 billion (around €42 billion). They are the only foreign companies among the ten chosen to build and renovate hospitals in England between 2025 and 2039, as part of the National Health Service plan. Each of the companies will be awarded a healthcare centre, yet to be determined, in…
Alphavalue / Divacons | A consortium led by Sacyr and local construction company Built has been selected as the preferred bidder for the construction of the new Peel Health Campus hospital in Mandurah, Western Australia. Although the initial budget was AUD 152 million, internal documents revealed by ABC News indicate that the cost has skyrocketed to AUD 558 million (approximately €334 million), more than triple the original estimate. The Sacyr…
Link Securities | In relation to the execution of the agreement to increase share capital from reserves agreed upon in the agenda of the Ordinary General Shareholders’ Meeting of Sacyr (SCYR) held, on second call, on 12 June 2025, for a total amount of €8,922,344.00 through the issue and circulation of 8,922,344 new shares of the same class and series as the existing ones, each with a nominal value of…
Intermoney | Sacyr (SCYR) (Buy, Target Price €4.6/share) has been provisionally awarded (preferred bidder) the construction of a hospital complex near Perth (Australia) with an estimated budget of over €500 million, according to Expansión newspaper. This project is part of an investment programme by the province of Western Australia valued at €2.6 billion. Sacyr shares this award with local partner Built. Work is scheduled to begin in the middle of…