Business · Companies · 9 hrs ago
Sacyr’s profit rose 87% to €116 million through September
Spanish infrastructure group Sacyr reported results for the first nine months of 2026.
Its net profit reached €116 million, up 87% from the same period a year earlier.
Revenue rose 11% to nearly €3.78 billion, while earnings before interest, taxes, depreciation and amortisation increased 9% to €1.11 billion.
Concessions brought in €1.54 billion, with revenue up 21%, and the company said the growing weight of this business model helped keep its operating margin high.
Sacyr’s water business grew fastest, with revenue up 53% to €323 million.
Cash from operations covered the July cash dividend, while net debt with recourse stood at €322 million at the end of September.
Sacyr reported attributed net profit of €116 million for the first nine months of 2026, up 87% from the same period a year earlier.
Revenue rose 11% to nearly €3.777 billion.
Ebitda increased 9% to €1.111 billion, while its margin was 29.4%, down from 29.8% a year earlier.
All three business areas recorded revenue growth, led by Sacyr Agua, whose revenue rose 53% to €323 million.
The company said the results reflected positive operational performance and the growing weight of its concessions model.
- Who
- Sacyr, the infrastructure group.
- What
- It reported attributed net profit of €116 million for the first nine months of 2026, an 87% increase year on year.
- When
- The results cover the first nine months of 2026 and were reported on November 3, 2026.
- Where
- Sacyr reported the results to Spain’s National Securities Market Commission (CNMV).
- Why
- The company cited positive operational performance across its businesses and the growing contribution of its concessions model.
This story does not have two clearly opposing sides.
Sacyr paid a cash dividend of €0.10 per share, up 122% from its July 2025 dividend.
Sacyr’s net debt with recourse stood at €322 million at the end of the month.
Sacyr reported its results for the first nine months of the year to the CNMV.
- Net profit
- €116 million, up 87%
- Revenue
- Nearly €3.777 billion, up 11%
- Ebitda
- €1.111 billion, up 9%
- Concessions revenue
- €1.536 billion, up 21%
- Water revenue
- €323 million, up 53%