The price at the close of trading set the company’s market capitalization at EUR 3,300 billion.
Sacyr Vallehermoso is a diversified construction group with a significant presence in transport infrastructure concessions, rental property, housing development and services, with a sound balance between its different activities, and a well-defined strategy. Today, Sacyr Vallehermoso, S.A. starts its trading as the holding company of the group and develops its several activities with a subsidiarized structure which encompasses construction (Sacyr and Somague), housing development (Vallehermoso), rental property (Testa), infrastructure concessions management and development (Itinere) and services (Valoriza).
Roland Bellegarde, Deputy General Manager of Cash and Listing at Euronext, said: “We are very pleased that Sacyr Vallehermoso, based in Spain and one of the biggest European companies in its sector, chose Euronext to round out its existing listing.”
Luis del Rivero, CEO of Sacyr Vallehermoso, S.A., said: “Our Iberian business reality requires to be fully present in the Portuguese market. Sacyr Vallehermoso sales in Portugal (900 million €) accounts for 25% of our total turnover, mainly trough Somague, whose integration within Sacyr Vallehermoso group has been recently completed. Moreover, Portugal and the countries in its area of influence are very important in our future expansion plans. All this are the reasons why we believe it is important to be closer to investors and the financial community. One of the largest construction companies in Europe by market capitalization, and a leading driver in the world transport concessions business, must be in Euronext.”
Sacyr Vallehermoso
- Name of the company: Sacyr Vallehermoso, S.A.
- ISIN: ES0182870214
- Mnemonic: SYVA
- Group: P1
- Quantity of issued Shares: 266.153.343 shares
- Quantity of listed shares: 266.153.343 shares
- Indices: Will be included on the PSI Geral Indice and PSI General Industrials from 1st of October
