ACS Group AGM

Our Chairman, Florentino Pérez, highlighted ACS’s trajectory, focused on creating value and profitability for shareholders and for society as a whole. A story of evolution, adaptation, and long-term vision, shared with century-old companies recognized for their experience and commitment to excellence.

Juan Santamaría, CEO of ACS Group, focused his speech on the present and future of our company. In a context where infrastructure is once again taking a central role on the global agenda, ACS is advancing in strategic sectors such as digital infrastructure, energy, critical minerals, defense, and sustainable mobility, which represent the Group’s main growth drivers.

Juan Santamaría, CEO of the ACS Group, during the AGMg

During the first quarter of 2026, sales reached €12.34 billion, up 12.5% FX-adjusted. EBITDA increased by 10.5% to €772M and operational net profit grew by 25% to €239M. Meanwhile, the backlog reached €99.82 billion, up 13.5% FX adjusted. 

HOCHTIEF increased its net profit by 18% to €355M, while Turner accelerated its growth as new orders increase by nearly 50%.

The Intuit Dome, built by Turner in Los Angeles, is an example of sustainable construction

ACS Group and HOCHTIEF have been included in the Dow Jones Best in Class World Index and the Dow Jones Best in Class Europe Index, following the latest Corporate Sustainability Assessment conducted by S&P Global.

The Dow Jones Best in Class Indices recognise companies that demonstrate leading sustainability performance across environmental, social and governance criteria. Inclusion is based on the results of S&P Global’s annual Corporate Sustainability Assessment, which evaluates companies on long term economic, environmental and social factors.

The continued inclusion of both ACS and HOCHTIEF in the Dow Jones Best in Class Index reflects the Group’s consistent focus on responsible business practices, strong governance and measurable progress in key sustainability areas. These include climate strategy, occupational safety, human rights and the responsible delivery of complex infrastructure projects across global markets.

Groundbreaking ceremony in Herne, Germany

HOCHTIEF PPP Solutions has broken ground on the YEXIO data center in Herne, Germany, a new edge facility designed to bring computing capacity closer to users—enhancing efficiency, reducing latency and supporting digital sovereignty for local economies.

The project marks another step in the expansion of ACS Group’s digital infrastructure footprint, with a growing network of edge and large-scale data centers across Europe, the United States and Asia-Pacific, alongside HOCHTIEF, Turner, CIMIC and Dragados

As demand for AI and cloud continues to accelerate, ACS Group is delivering the physical backbone of the digital economy—developing high-performance, resilient and increasingly sustainable infrastructure at scale.

Render, data center

Leighton Asia has secured a contract to deliver works for a new data centre project in Hong Kong, further strengthening its digital infrastructure portfolio across Asia.

The project includes the construction of a high rise facility with a two-storey basement, delivering shell and core works designed to meet stringent safety and performance requirements.

The Kenneth C. Griffin Pavilion at Memorial Sloan Kettering Cancer Center

A joint venture of Turner 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 Manhattan. 

The Kenneth C. Griffin Pavilion at MSK is designed to meet the evolving challenges of cancer care, as treatments become increasingly complex and demand for advanced technologies continues to grow. The facility will enable the institution to expand its capacity while maintaining uninterrupted patient care throughout construction. 

Huntington Bank Field, the future home of the Cleveland Browns 

The Haslam Sports Group (HSG) alongside a joint venture of AECOM Hunt and Turner Construction Company and HKS announced the groundbreaking of the new Huntington Bank Field, the future home of the Cleveland Browns starting in the 2029 season. The groundbreaking ceremony held at the new site in Brook Park today marks the official start of construction on Northeast Ohio’s largest economic development project to date, the new Huntington Bank Field enclosed stadium and surrounding district.

As construction managers for the visionary project, AECOM Hunt and Turner Construction Company are overseeing construction of the state-of-the-art venue, which will serve as Ohio’s first enclosed stadium capable of hosting world-class events throughout the year, including Browns games, NCAA Final Fours, international soccer matches and concerts for crowds of up to 75,000. With a revolutionary seating bowl design, one-of-a-kind roofing system and flexible capacity, the project will set new standards in stadium construction and fan engagement, bringing fans closer than ever to action on the football field.

Gordie Howe bridge, a project by FlatironDragados

Turner has once again secured the top position in the ENR Top 400 Contractors list, marking its sixth consecutive year leading the industry. The company also ranked first in domestic building and manufacturing revenue, while continuing to strengthen its international presence as it expands into new global markets.

FlatironDragados was ranked first in transportation and domestic heavy contracting revenue and is now among the top 25 contractors overall. This milestone marks its first ENR ranking as a fully integrated company, reflecting the strength of combining complementary expertise, capabilities and geographic reach across North America.

Comprehensive flood protection infrastructure program in Virginia Beach

This $518 million program aligns with the strategy of FlatironDragados and the ACS Group to build resilient infrastructure that protects communities, critical facilities, and essential supply chains against increasing climate threats and natural disasters.

Especially significant project elements include storm water storage and drainage improvements through the use of large pump stations, tide gates to minimize tidal impacts and maximize storage, and flood barriers along with upgrades to drainage channels.

A moment from the conference organized by Dragados

The event was held in Madrid and brought together internal and external experts who shared their perspectives and experience on strategic topics for the DRAGADOS Group.

Created as a forum for collaboration and knowledge exchange, the Summit provided an opportunity to showcase best practices and strengthen connections between companies and teams across the Group.

Throughout the two-day event, participants explored topics related to innovation, health and safety, quality, environment, operational excellence, digitalisation and artificial intelligence, while gaining insight into initiatives being developed across the organisation.

The Summit concluded with the presentation of the DRAGADOS Group Awards 2026. More than 260 entries were submitted by professionals from different companies and countries. The awards ceremony was attended by the Chairman, Mr Pedro López Jiménez, and the CEO, Mr Santiago García Salvador.

FARAC I concession

Abertis has reached a framework agreement with Mexico’s Ministry of Infrastructure, Communications and Transport (SICT) to develop an investment and road infrastructure improvement plan in the country through its subsidiary Red de Carreteras de Occidente (RCO), one of Mexico’s leading motorway operators.

The project will contribute to improve key infrastructure, improving mobility and road safety, and consolidating long-term collaboration with the Government of Mexico.

As part of this agreement, the FARAC I concession is expected to be extended by approximately 19 years, effectively doubling RCO’s concession life from 22 to 41 years. The agreement also includes an additional tariff increase to be implemented over the next four years, and to remain in effect for the entire term of the concession.

This 799-kilometre concession runs along the backbone of the road network in the central-western region, connecting the country’s main industrial corridor, El Bajío, with its two largest cities, Mexico City and Guadalajara. FARAC I generated revenues of €638 million in 2025 and has been in operation since 2007.

“Clece Emplea” initiative in Zaragoza, Spain

Clece has organized the "Clece Emplea" initiative for the fifth consecutive year. It is an innovative recruitment process focused on the labor integration of disadvantaged groups, including people facing long-term unemployment, those at risk of social exclusion, people with disabilities, and women who have experienced gender-based violence, among others. In total, the company is offering more than 2,500 job opportunities throughout Spain. 

Turner participated in the construction of Bangkok’s iconic King Power MahaNakhon, the second tallest building in Thailand. 

HOCHTIEF built in Hamburg the tunnel system housing the European XFEL, the world’s most powerful X-ray microscope. 

CIMIC transformed Sydney’s M12 West corridor into a lasting cultural landmark by integrating Aboriginal art and tradition into its infrastructure, crowned by the monumental sculpture Great Emu in the Sky.