FCC published its H1 20 results with revenues down by 5.7%, largely due to the construction activities and through the regions like the UK and the Americas. EBITDA dropped by 6% but net profits were down by 41% due to lower EBITDA and an unfavourable FX effect.
04 Aug 2020
H1 20: disproportionate decline in profits
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H1 20: disproportionate decline in profits
Fomento de Construcciones y Contratas, S.A. (FCC:FRA) | 0 0 0.9% | Mkt Cap: 3,516m
- Published:
04 Aug 2020 -
Author:
Sejal Varshney -
Pages:
2
FCC published its H1 20 results with revenues down by 5.7%, largely due to the construction activities and through the regions like the UK and the Americas. EBITDA dropped by 6% but net profits were down by 41% due to lower EBITDA and an unfavourable FX effect.