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| Net profits of ACS increased 38% during the first half of 2006 During the first half of 2006, the ACS Group obtained net profits of €376 million, 38% more than during the same period in 2005. Revenues reached €6,798 million, representing an 18.8% increase with all activities growing by more than two digits. International sales represent 16% of total sales, reaching €1,090 million during the first half. Operating income displayed a solid evolution. Hence, gross operating profits (EBITDA) increased 19.2% to €598 million, which represents a margin on sales of 8.8%. Furthermore, net operating profits (EBIT) totalled €450 million, also growing 19.2%, which represents a margin on sales of 6.6%. Sales in the construction activity totalled €3,185 million, 20.5% more than in the last period. This considerable growth is due to the strong activity of the domestic market, especially in the civil engineering and non-residential construction areas. Net profits also grew 20.5% totalling €134 million. write your comments about the article :: © 2006 Construction News :: home page |