ACS Group acquires 25.1% of the German construction and concessions group Hochtief

Five U.S. stadiums built or modernized by Turner are scheduled to host 2026 World Cup matches. These venues and other infrastructure delivered by Turner will welcome millions of fans, athletes, media professionals, and visitors throughout the tournament. The tournament begins on June 11, and…

HOCHTIEF will be included in the DAX, following the latest index review by Deutsche Börse, announced last night. The inclusion in Germany’s leading stock market index takes effect on June 22, 2026.   The inclusion marks an important moment in the Group’s more than 150-year history and reflects the…

HOCHTIEF has been awarded a contract by SachsenEnergie to design and build a modern river water treatment plant supporting the semiconductor industry in Dresden, Germany. From 2030, the facility will supply industrial water from the Elbe River to companies located in Europe’s largest semiconductor…

New orders totaled $12.1 billion, up 48% year-over-year, particularly driven by growth in data centers, commercial, and healthcare projects Work-in-place revenue increased 25% to $7.7 billion. Backlog grew 34% year-over-year to $48.9 billion. Turner Construction Company accelerated its growth in…

A joint venture of Turner Construction Company and Consigli Construction Co., Inc. was selected to provide construction services for The Kenneth C. Griffin Pavilion at Memorial Sloan Kettering Cancer Center (MSK), a state-of-the-art cancer care facility to be built on MSK’s main campus in…

ACS companies Turner and FlatironDragados have been recognized among the industry’s leading firms in the latest Engineering News‑Record rankings Turner was again ranked number one overall in the ENR Top 400 Contractors list, marking its sixth consecutive year at the top.  Turner also…

FlatironDragados is moving into the construction phase of the $518 million Windsor Woods, Princess Anne Plaza and The Lakes Stormwater Improvements project, following successful completion of a two-year collaborative preconstruction phase with the City of Virginia Beach and design partner Arcadis.…

Sales reached €12.34 billion, up 12.5% FX-adjusted. EBITDA increased by 10.5% to €772 million. Operational net profit grew by 25% to €239 million. Backlog reached €99.82 billion, up 13.5% FX-adjusted. The Group invested €1.28 billion over the past 12 months, including the…

Q1 2026 operational net profit up 30% year on year New orders up 27% fx-adjusted driving EUR 79.3 billion record backlog Net operating cash flow LTM up EUR 0.7 billion year on year to EUR 1.8 billion 2026 operational net profit guidance EUR 950-1,025 million (up 20-30%) reiterated HOCHTIEF has made…

The ACS Group has once again held its Annual General Meeting at a particularly significant moment for the company, marked by record results and a share price at all-time highs. These milestones reflect the strength of the Group’s business model, market confidence, and its leadership in the…