ACS 9M 2026 slides: operational profit surges 36%, backlog hits record

ACS (ACSAY) announced its nine-month 2026 results on November 12, highlighting robust growth in its construction and infrastructure sectors. The company reported an operational net profit of €789 million, a 36% increase on a currency-adjusted basis, and a record order backlog of €111 billion. Despite the impressive results, ACS' shares remained steady at $20.66 following the presentation, indicating that investors had likely already anticipated the positive news.

The stock had fallen approximately 33% over the past six months, trading below its 52-week high of $32.67. ACS reiterated its raised 2026 operational profit guidance of €1,110-€1,155 million, indicating growth in the range of 30-35%.