Acciona, ES0125220311

Acciona stock reports higher revenue as EBITDA falls

Published on 10/06/2026 at 16:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Acciona stock was trading at EUR 210.80 on October 6, 2026, while H1 infrastructure EBITDA increased 12 percent. The group reaffirmed EUR 1.2 billion EBITDA guidance.

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Acciona stock was trading at EUR 210.80 on BME on October 6, 2026 at 4:33 p.m. CEST, up 0.67 percent from the prior close of EUR 209.40. The latest operating picture combines 10 percent revenue growth in the first half of 2026 with a 26 percent decline in EBITDA, keeping asset sales and infrastructure execution at the center of the investment case.

Revenue rises as EBITDA falls

According to the Yahoo Finance transcript of the H1 2026 results presentation on July 31, 2026, consolidated revenue reached EUR 10.142 billion, up 10 percent year over year. EBITDA stood at EUR 1.153 billion, down 26 percent, reflecting the timing of asset rotation gains rather than a broad deterioration across the group.

The division mix explains the contrast. Infrastructure EBITDA increased 12 percent to EUR 384 million, while Acciona Energias EBITDA fell 57 percent to EUR 388 million because the first half did not include comparable asset rotation gains from the prior year.

Infrastructure backlog supports execution

The same Yahoo Finance transcript reported a EUR 22.4 billion construction and operations backlog at June 30, 2026. Infrastructure revenue increased 12 percent to EUR 4.5 billion, with an EBITDA margin of 8.6 percent, giving the group a more resilient counterweight to weaker renewable-energy profitability.

Management also reiterated full-year 2026 guidance in the presentation: total EBITDA of EUR 1.2 billion, capital expenditure of EUR 900 million and year-end net debt below EUR 3 billion. The financial outcome therefore depends heavily on second-half asset disposals and power-price conditions, while the infrastructure backlog provides a separately quantified source of operating visibility.

Consensus sits below the market price

MarketScreener listed a Hold consensus from 11 analysts, with an average target of EUR 209.37, in its Acciona overview. Against the BME price of EUR 210.80 on October 6, 2026, that average target is 0.68 percent below the market price, a narrow gap that places greater emphasis on execution of the guidance and the asset-rotation plan.

MarketScreener also listed November 11, 2026 as the earnings release date for the third quarter of 2026. For the share itself, the October 6 range was EUR 208.60 to EUR 212.60, while the 52-week range was EUR 165 to EUR 285, leaving the stock 26.04 percent below its yearly high.

Acciona stock trades below yearly high

Acciona stock was last trading at EUR 210.80 on BME on October 6, 2026 at 4:33 p.m. CEST. Its market capitalization was EUR 11.4 billion, and the combination of a positive intraday move, lower EBITDA and double-digit infrastructure growth gives investors three separate figures to track before the next results update.