acciona sa (ACXIF:OTC US)
acciona sa (ACXIF) Snapshot
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Open
$62.40
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Previous Close
$62.40
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Day High
$62.40
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Day Low
$62.40
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52 Week High
01/15/13 - $84.45
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52 Week Low
07/24/12 - $36.50
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Market Cap
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Average Volume 10 Days
64.1
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EPS TTM
--
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Shares Outstanding
0.0
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EX-Date
07/1/13
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P/E TM
--
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Dividend
$2.68
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Dividend Yield
5.86%
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Related News
acciona sa (ACXIF) Related Businessweek News
No Related Businessweek News Foundacciona sa (ACXIF) Details
Acciona S.A. engages in the construction, real estate, services, and energy businesses in Spain and internationally. Its Infrastructure segment engages in the construction and engineering activities; and transport and hospital concessions. The company’s Real Estate segment is involved in the real estate portfolio, property development, and car park operation activities. It develops and manages a range of buildings, such as rental homes, office space, hotels, shopping centers, and university halls of residence. Its Energy segment engages in the construction of wind farms; generation, distribution, and retail of various energy sources. This segment produces wind power; designs and manufactures wind turbine generators; provides renewables-based energy generation technologies, including hydro, solar thermal, photovoltaic, and biomass, as well as produces biofuels, including biodiesel and bioethanol; owns cogeneration assets, as well as produces hydrogen through wind power; and provides charging infrastructure for electric vehicles, as well as associated information and management services. The company’s Logistics and Transport Services segment provides land, sea, and air passenger and cargo transportation services; airport and handling management services; distribution and storage services; and rail transportation of goods. Its Water and Environmental Services segment engages in the design and construction of desalination plants and waste water treatment plants; operation and maintenance; the supply of drinking water; and sanitation of cities. This segment also offers a range of services related to urban cleaning, security, maintenance of installations, and parks and gardens for the private and public sectors. Acciona’s Other Businesses segment is involved in the fund management and stock market brokerage, wine production, and other investment activities. The company is headquartered in Alcobendas, Spain.
acciona sa (ACXIF) Key Developments
Acciona SA reported consolidated earnings and production results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of €1,621 million, EBITDA of €327 million, EBIT of €142 million, EBT of €41 million, profit from continuing activities of €30 million and attributable net profit of €34 million compared to the revenues of €1,591 million, EBITDA of €328 million, EBIT of €153 million, EBT of €40 million, profit from continuing activities of €29 million and attributable net profit of €29 million for the same quarter year ago. Net ordinary capital expenditure was €99 million compared to the €132 million for the same quarter year ago. Net debt was €7,549 million as on March 31, 2013. Consolidated revenues increased by 1.9% to €1,621 million, mainly due to the positive performance of ACCIONA Energy due to higher wind and hydro load factors in Spain and the contribution during the period of the 263MW installed in the last twelve months; the revenue growth of the Water division, boosted by the good performance in designing and construction activities as well as in operation and maintenance and the revenue reduction of the Infrastructure division due to the decrease of the construction business in Spain and the disposal of one concession in 2012. For the quarter, the company reported total production of 6,172 GWh against 5,364 GWh a year ago. On February 28, 2013 the Board of Directors of the company resolved the distribution of €2.65 gross per share against results of 2012 fiscal year. The total payment of this dividend amounts to €151.74 million. Out of such amount, €0.9 per share were paid last January 21, 2013 as interim dividend, being pending the payment of a complementary dividend of €1.75 per share, which must be approved in the forthcoming AGM of the company to be celebrated on June 6, 2013.
Acciona Water reported earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of €133 million against €89 million a year ago. EBITDA was €9 million against €7 million a year ago. EBT was €3 million against €1 million a year ago. Capex was €4 million against €2 million a year ago.
The Annual General Meeting of Acciona SA will be held on 5 June 2013. At the meeting the shareholders proposes amendment of the Articles of Association.
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Industry Analysis
ACXIF
Industry Average
| Valuation | ACXIF | Industry Range |
| Price/Earnings | 14.4x |
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| Price/Sales | 0.4x |
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| Price/Book | 0.5x |
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| Price/Cash Flow | 3.0x |
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| TEV/Sales | NM | Not Meaningful |
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To contact ACCIONA SA, please visit www.acciona.es. Company data is provided by Capital IQ. Please use this form to report any data issues.
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