ACS Looks to Connect with North American Investors as it Vies for U.S. Highway Contracts -- Market Talk

Dow Jones03-25 20:57

1257 GMT - Spanish construction group ACS is increasingly looking to engage with North American investors as it looks to the U.S. as a driver of earnings growth, Bank of America analysts write. ACS is competing for two highway projects in the U.S., the analysts note. Meanwhile, the group's subsidiary, Turner Construction, is set to benefit from U.S. data-center expansion, the analysts say. The hyperscalers that fund the expansion are taking an increasingly collaborative approach to construction, potentially benefiting ACS as companies look to work with well-established contractors, the analysts add. ACS shares climb 1.3% as European construction stocks gain more broadly. (josephmichael.stonor@wsj.com)

 

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March 25, 2026 08:57 ET (12:57 GMT)

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