ACS Actividades de Construccion y Servicios SA (XMAD:ACS)
€ 42.8 -0.18 (-0.42%) Market Cap: 10.55 Bil Enterprise Value: 12.05 Bil PE Ratio: 14.38 PB Ratio: 2.32 GF Score: 83/100

Q1 2024 ACS Actividades de Construccion y Servicios SA Earnings Call Transcript

May 14, 2024 / 12:00PM GMT
Release Date Price: €39.44 (+0.20%)
Operator

Good morning and thank you for joining us in this 2024 First Quarter Results Call of ACS Group. This is Javier Crespo, Head of Investor Relations. The call will be led by our CEO, Juan Santamaría, who is accompanied by our Corporate General Manager; Ãngel García Altozano, the group's Chief Financial Officer; Emilio Grande and the rest of the management team. As usual, after the presentation, we will open up for a Q&A session. And now let me pass it on to Juan.

Juan Santamaria Cases
ACS, Actividades de Construcción y Servicios, S.A. - CEO & Director

Thank you, Javier, and thank you, everyone, for joining us. Good afternoon, and thank you for being with us today. First of all, I will start by highlighting the strong performance of the group in the first 3 months of the year with sales, net profit and backlog growing significantly on a comparable basis.

The evolution of our order book confirms our strategic commitment to new generation infrastructure projects as a driver of growth, which accounted for circa 50% of our new quarterly record,

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