|Bid||35.76 x 0|
|Ask||35.78 x 0|
|Day's Range||35.65 - 36.06|
|52 Week Range||31.32 - 40.97|
|Beta (3Y Monthly)||1.00|
|PE Ratio (TTM)||11.17|
|Earnings Date||Nov 7, 2019|
|Forward Dividend & Yield||1.90 (5.29%)|
|1y Target Est||38.24|
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Spanish building firm ACS has hired banks to help it decide whether to list its renewable energy unit, to take advantage of competitive prices in the sector, it said on Friday. Global demand for renewable power is expected to soar over coming decades as governments and companies move to tackle climate change by curbing greenhouse gas emissions, helped by falling technology costs. ACS said in a market filing that its renewable business, managed by its Cobra unit, grouped together its solar photovoltaic, wind power and solar thermal assets, including some already operating and some still in development.
Full Year 2018 ACS Actividades de Construccion y Servicios SA Earnings Presentation
After taking over Spain's Abertis, Italian infrastructure group Atlantia is ready to sell assets to reduce debt and fund growth should the right opportunity come along, its top executives said on Thursday. The group reported a bigger than expected fall in its net profit last year due to charges linked to the collapse of a bridge operated by its motorway unit and higher costs. It cut its dividend and said net debt after the acquisition had jumped to nearly 38 billion euros (32.5 billion pounds), or 5.2 times its earnings before interest, tax, depreciation and amortisation (EBITDA) from 2.6 times at end-2017.
MILAN (Reuters) - Italian infrastructure group Atlantia said on Tuesday Spanish toll road operator Abertis had agreed to sell its 89.7 percent stake in Hispasat to Red Electrica for 949 million euros (833 ...
ROME/GENOA (Reuters) - Giovanni Castellucci is considering resigning as chief executive of Italian motorway firm Autostrade per l'Italia, a source familiar with the matter said on Wednesday, months after a company-operated motorway bridge collapsed, killing 43 people. Castellucci would stay on however as head of infrastructure group Atlantia, Autostrade's parent company.
Italy's Atlantia (ATL.MI) and Spain's ACS (ACS.MC) said on Monday they had completed a 16.5 billion euro (15 billion pounds) acquisition of Abertis, in the last step of a long-running effort to build the world's largest toll-road group. The announcement comes few days after the death of Gilberto Benetton, a prominent member of the Italian family that controls Atlantia and a strong supporter of the acquisition. It also follows the collapse in August of a motorway bridge operated by Atlantia's unit Autostrade per l'Italia, a disaster that exposed Atlantia to harsh criticism by the Italian government and risked jeopardising the deal.
Gilberto Benetton, a co-founder of Italian clothing retailer United Colors of Benetton who masterminded the family empire's diversification into construction, transport and catering, has died at the age of 77. The former head of family holding company Edizione which controls Italy's biggest infrastructure group Atlantia (ATL.MI), died after a short illness, the family said on Monday. With his brothers Luciano and Carlo and sister Giuliana, Gilberto founded United Colors of Benetton in a small town in northeast Italy in 1965.