Weigh: Latam's role in the results of the Spain 'Big 6' Infra company

Spain's six main infrastructure groups reported on mostly positive finance results for 2024, with Latin America doing a contribution to some, although others also wanted to expand to North America.

Sacyr, Ferrovial, FCC, ACS, Acciona and Ohla reported the combined turnover for 87 billion euros (91 billion US dollar) for the year, during the overall company according to the financial reports of the companies.

ACS

ACS had the largest portfolio under Spain's 'Big 6', 19.9% ​​higher than at the end of 2023, mainly thanks to an increase in contracts that were added last year, which were added to EUR 51.5 billion.

Sales rose by 16.5% to EUR 41.6 billion. The net income rose by 14% to 684 million euros.

ACS did not announce how much weight Latin America had in its results, although he emphasized that North America was 61% of the turnover.

Some of the active projects of ACS in Latin America include:

Santiago Metro Line No. 7 (Chile, 2.5 billion USD Civil work on two tunnel sections)
Lima Metro Line No. 2 (Peru, $ 5.35 billion under construction and part of a consortium with FCC)

Sacyr

Sacyr's portfolio rose by 41% in 2024 to EUR 10.6 billion, except for contracts worth 2.6 billion euros, which were not signed on December 31.

71% of the deficit made concessions.

Sales fell by 0.8% to EUR 4.57 billion. Latin America accounted for 47% of this number.

The net income now increased by 7% to 113 million euros.

Some of the largest active projects from Sacy in Latin America are:

Buin-Paine Hospital (Chile, $ 120 million under construction)
Lima Peripheral Ring Road (Peru, $ 3,28 billion part of the consortium alongside Acciona and Ferrovial.
Route 78 Highway (Chile, $ 892 million upgrade construction)
Buga-Buenaventura Highway (Colombia, $ 512 million under construction)

Acciona

Acciona's infrastructure deficit reached 28.6 billion euros last year, which rose by 16.5% compared to the end of 2023. The company stated that it also had contracts worth 5.58 billion euros that were not signed by December 31, but were not signed.

The net profit fell by 22% to EUR 422 million, while sales rose by 12.7% to 19.2 billion euros.

Exchange active projects in Latin America:

Sao Paulo Metro Line No. 6 (Brazil, $ 2.3 billion under construction)
La Serena Hospital (Chile, $ 234 million under construction)
El Niño Hospital (Panama, $ 444 million under construction)

Ferrovial

The Ferrovial portfolio reached an all -time high of EUR 16.8 billion until the end of last year, which was 7.5%. Orders that were out of the question were EUR 2.67 billion separately.

The net profit rose from EUR 460 million to EUR 3.24 billion, while sales rose by 6.7% to EUR 9.15 billion. Ferrovially attributed the positive results to a higher contribution of toll roads that rose by 19.5%.

The company did not deliver geographical breakdown of its results, although his CEO Ignacio Madridejos during the company's presentation of the results that Ferrovial plans should continue to expand in North America.

The company is involved in the following projects for South America:

Rutas del Loa (Chile, $ 300 million in operation)
Lima peripheral Ring Road (Peru, $ 3.28 billion part of the consortium next to Sacyr and Acciona. Waiting for the construction of the structure)

FCC

The deficit of the FCC reached EUR 43.0 billion until the end of 2024, an increase of 3.8% compared to the previous year.

The net profit fell by 27% to EUR 430 million, while sales rose by 10.4% to EUR 9.07 billion.

FCC attributed this to the growth of his concession department, which achieved new contracts in Europe and the United States. America accounted for 13.9% of the income.

Latin America is involved in the following projects:

La Guajira water system (Colombia, $ 318 million operating and building contracts)
Lima Metro Line No. 2 (Peru, $ 5.35 billion under construction and part of a consortium with ACS)

Ohla

Ohla was the only one under Spain's 'Big 6', which in 2024 reported a net loss of EUR 49.9 million compared to a profit of 5.5 million in the previous year.

The company attributed the result to losses in connection with a residential complex in Madrid, in which Ohla is now trying to sell its 50% share.

Latin America accounted for 16.2% of the company's construction competition and 23.7% of sales, which rose 16.6% to EUR 3.65 billion.

Olha's projects in Latin America include:

National Cancer Institute (Chile, $ 184 million under construction)
Biobío Hospital Network (Chile, $ 293 million under construction contains the Lota, Santa Bárbara, Coronel and Nacimiento Hospital))
Bogotá North Access Highway. Phase 2 (Colombia, $ 143 million that is waiting for environmental authorization)