MCE - Delayed Quote EUR

Sacyr, S.A. (SCYR.MC)

3.2180

-0.0340

(-1.05%)

At close: January 24 at 5:35:05 PM GMT+1

Sacyr SA (FRA:VHM) Q3 2024 Earnings Call Highlights: Robust Cash Flow Growth and Strategic ...

Sacyr SA reports a 65% increase in operating cash flow and a significant concession backlog, despite rising net debt and challenges in the construction division.

GuruFocus.com 2 months ago

SCYR.MC
-1.05%
Sacyr hires Santander and Deutsche Bank as advisers to find partner

Spanish construction firm Sacyr hired Santander and Deutsche Bank as financial advisers to find a partner for new unit Voreantis as a way to raise cash and better compete with larger rivals for contracts in countries such as the United States, a company source told Reuters on Monday. The motorway concession company plans to sell 49% of Voreantis, in which it has placed all its current assets, aiming to raise 800 million euros ($872 million), Sacyr's Chief Financial Officer Carlos Mijangos told Reuters earlier this month. Sacyr's financial advisers will formally contact investors in September to begin the process and the company expects to close a deal by the end of 2025, the CFO said.

Reuters 5 months ago

SCYR.MC
-1.05%
SAN