Key information: • Revenue declined by 6.8%. • EBITDA decreased by 9.3%. • EBITDA margin at 11.1%. • EBIT decreased by 25.5%. • €17m net loss in Q1 16 versus a net profit of €6m in Q1 15. • Construction revenue declined by 19%. • Environmental activities accounted for c.90% of EBITDA. • Undersubscription of the capital increase.

09 May 2016
Poor performance due to the strong contraction in the Construction division

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Poor performance due to the strong contraction in the Construction division
Fomento de Construcciones y Contratas, S.A. (FCC:FRA) | 0 0 0.9% | Mkt Cap: 3,516m
- Published:
09 May 2016 -
Author:
Felix Brunotte -
Pages:
3 -
Key information: • Revenue declined by 6.8%. • EBITDA decreased by 9.3%. • EBITDA margin at 11.1%. • EBIT decreased by 25.5%. • €17m net loss in Q1 16 versus a net profit of €6m in Q1 15. • Construction revenue declined by 19%. • Environmental activities accounted for c.90% of EBITDA. • Undersubscription of the capital increase.