|Traded as||BMAD: SYV|
|Industry||Construction, Civil engineering|
|Manuel Manrique Cecilia (President and CEO)|
|Revenue||€3.614 billion (2012)|
|€506.1 million (2012)|
Number of employees
|21,380 (end 2010)|
Sacyr Vallehermoso, S.A. (Spanish pronunciation: [saˈθir βaʎerˈmoso]) is a leading Spanish construction company based in Madrid. It is publicly traded and is part of the IBEX 35 market value-weighted stock market index.
The company was founded in 1986 as Sociedad Anónima Caminos y Regadíos and was renamed Sacyr in 1991. In 2002 it acquired 24.5% of Vallehermoso, a leading Spanish housing business founded in 1921. In 2003 it merged with Vallehermoso to form Sacyr Vallehermoso.
The business has the following divisions:
- Sacyr (construction)
- Vallehermoso (housing)
- Itinere (concessions)
- Testa (property rental)
- Valoriza (services)
Sacyr Vallehermoso was the largest shareholder in the Spanish oil company Repsol YPF, holding an approximate 20% stake. On December 20, 2011 Repsol YPF bought half of Sacyr Vallehermoso's stake back in order to save the shares from being seized in a foreclosure.
- "Preliminary Results 2012" (in Spanish). Sacyr Vallehermoso. Retrieved 31 March 2013.
- "Annual Report 2010" (in Spanish). Sacyr Vallehermoso. Retrieved 25 April 2011.
- Construction details
- Ruano, Carlos; Gonzalez, Andres; Aguado, Jesus; Roberts, Martin; Rucinski, Tracy (15 January 2010). "Repsol to keep boss, long-term strategy". Reuters. Retrieved 18 July 2010.
- Repsol Rescues Top Holder, Buys EUR2.6Bn of Own Shares Wall Street Journal, 20 December 2011
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