ACSAY - ACS Actividades de Construcción y Servicios S.A. (ACSAF) on Q2 2021 Results - Earnings Call Transcript

ACS Actividades de Construcción y Servicios, S.A. (ACSAF) Q2 2021 Earnings Conference Call July 28, 2021, 05:00 ET Company Participants Conference Call Participants Alejandro Vigil - Bestinver Securities Luis Prieto - Kepler Cheuvreux Marcin Wojtal - Bank of America Merrill Lynch Joao Safara Silva - Banco Santander Presentation Unidentified Company Representative Good morning, and thank you for joining this first half results presentation. As always, we'll briefly analyze the key aspects of our results, which were released yesterday, followed by Q&A sessions. As we did in the first quarter, we are referring growth rates to the 2020 pro forma figures. That is, with Industrial Services reclassified as discontinued operation after selling to Vinci and accounting for a 50% stake in fees as an equity method in both years. At the operating level, in this first half of the year, sales decreased 3.5% to €13.3 billion, affected by the currency headwinds,

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ACS Actividades de Construcción y Servicios, S.A. (ACSAF) on Q2 2021 Results - Earnings Call Transcript