Last €4.26 EUR
Change Today +0.067 / 1.60%
Volume 4.8M
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As of 11:38 AM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

sacyr sa (SCYR) Snapshot

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52 Week High
06/9/14 - €5.39
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01/2/14 - €3.06
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sacyr sa (SCYR) Details

Sacyr SA is engaged in the construction, real estate, concessions, property rental, and services businesses in Spain and internationally. The company provides various construction services comprising civil works, such as road infrastructure works, railway works, hydraulic works, and airport works and land development works; and non-residential building works, including hotels, company centers, museums, shopping and leisure centers, building restoration, offices, etc.; and residential construction services. It also manages concessions, such as motorways, hospitals, intermodal transfer facilities, underground railway lines, airports, and service areas. In addition, the company is engaged in the management and rental of various properties consisting of offices, industrial premises, hotels, shopping centers and commercial premises, housing properties, and residences for senior citizens. Further, it offers environmental services, such as municipal services, waste management, landscape restoration, and environmental projects; water services, including water cycle management, water treatment, desalination, purification, and reuse; multi-services consisting of integral building maintenance, industrial maintenance, servicing and maintenance of motorways and roads, dams and canals maintenance, service areas on motorways, health and social services, and integral hospital management services; and industrial services comprising engineering projects, power plants, oil and gas, electrical facilities, construction and management of thermal solar plants, biomass and cogeneration, and waste treatment services. The company was formerly known as Sacyr Vallehermoso S.A. and changed its name to Sacyr SA in August 2013. Sacyr SA is headquartered in Madrid, Spain.

23,465 Employees
Last Reported Date: 04/30/14

sacyr sa (SCYR) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: €2.5M
Compensation as of Fiscal Year 2013.

sacyr sa (SCYR) Key Developments

Sacyr SA Presents at Kepler Cheuvreux Autumn Conference 2014, Sep-17-2014

Sacyr SA Presents at Kepler Cheuvreux Autumn Conference 2014, Sep-17-2014 . Venue: Paris, France.

Sacyr SA Presents at ESN European Conference, Sep-11-2014

Sacyr SA Presents at ESN European Conference, Sep-11-2014 . Venue: InterContinental Hotel, Wilhelm-Leuschner-Str. 43, 60329 Frankfurt, Germany. Speakers: Fernando Lacadena Azpeitia, CFO.

Sacyr Group Reports Earnings Results for the Six Months Ended June 30, 2014

Sacyr Group reported earnings results for the six months ended June 30, 2014. The attributable net profit of the Sacyr Group in the first half amounted to €61.6 million, slightly higher than the €60.8 million of last year and despite booking €47 million in net profit in 2013 due to the sale of property assets. Sacyr applied the new IFRS 11 accounting standard, which entailed a reduced turnover, EBITDA, portfolio and debt, but had no impact on net profit. The gross operating profit (EBITDA) totaled €161 million; considering the divestments made, profitability remains stable with a gross margin of 13%. Therefore, the group achieved its objective of maintaining profitability despite the drop in business operations, above all in Spain. Turnover amounted to €1.247 billion (down 7.8%) due mainly to the ongoing deceleration of construction operations in Spain, Testa's smaller lettable area as a result of divestitures, the completion of two desalination plants and the impact of the recent regulations on renewable energies and on electricity prices. As a result of the group's continuing effort to strengthen the balance sheet, its net financial debt was €5.691 billion at June 30, 2014, 14.3% lower than in December 2013 (down €951 million, of which €659 million are as a result of applying IFRS 11).


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