Sacyr, S.A. Earnings Recaps
Q2 2026
Aug 1, 2026
Sacyr’s stock rose modestly by 2.8% as the company delivered steady H1 2026 results marked by solid top-line growth and improved EBITDA margins, while investors digested continued asset valuation gains and enhanced shareholder distributions.
Key takeaways
- Revenue increased 9% to EUR 2.437 billion, driven by operational progress and new projects.
- EBITDA grew 9% to EUR 708 million, lifting the margin to 29.1%, reflecting operational efficiencies.
- Operating cash flow rose 18% to EUR 631 million on a comparable basis, underscoring strong cash generation.
- Net profit attributable to shareholders surged 157% to EUR 78 million, influenced by accounting effects from prior divestments.
- Concession portfolio valuation reached EUR 4.601 billion, up 16% year-on-year, supported by asset roll-forward effects and new project additions.
Q3 2025
Nov 10, 2025
Sacyr's Q3 2025 results reflect robust growth and operational efficiency, with revenue increasing by 5% to EUR 3.412 billion and net profit soaring 81% (excluding divestments) to EUR 134 million.
Key takeaways
- EBITDA rose by 7% to EUR 1.018 billion, enhancing the EBITDA margin and showcasing improved operational efficiency.
- Operating cash flow surged by 11% to EUR 890 million, indicating strong cash generation ability.
- Sacyr secured four new concession awards across Italy, Chile, and Paraguay, reinforcing its strategic position and backlog.
- The company received an investment-grade rating from Morningstar DBRS, expected to lower financing costs and broaden funding sources.
- Cash dividends maintained at EUR 0.045 per share, aligned with the strategic plan’s commitment to returning at least EUR 225 million to shareholders.