Q3 2022 ACS Actividades de Construccion y Servicios SA Earnings Call Transcript
Hi, good morning, everyone. Thanks for joining us for this presentation related to third quarter results of Grupo ACS. Here with me are Management representative; our CEO, Juan Santamaria; and our Corporate General Manager and CFO; Ãngel GarcÃa Altozano who will briefly analyze the key effects of our results, which were released yesterday.
As always, we will follow by a Q&A session. Juan, all yours?
Thank you so much, Luis, and thank you, everyone, for joining us today. I will proceed with the results presentation, and I look forward to your questions at the end of it.
Starting with Slide 2 and the key 3Q 22k figures. Our sales increased by 20.4% to EUR 24.5 billion. FX adjusted sales grew by 10.6% reinforced by an outperformance of our core regions, particularly the U.S. market.
On a quarterly basis, sales grew by 29.5% in Q3, plus 15% FX adjusted. Backlog stood solid, reaching maximum highs at EUR 70.4 billion, thanks to the strong
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