h2. Key information • Revenue increased by 2.2%. • EBITDA increased by 1.3%. • Net loss of €46m vs net loss of €742m in 2014. • Adjusted EPS of €0.16 vs consensus of €0.13. • Backlog decreased by 1.5%. • No improvement in operating cash flow which remains roughly stable compared to 2014. • Increase in net debt by 9% to €5.5bn. • FCC is committed to taking the necessary steps to increase its capital by €710m at an issue pric

29 Feb 2016
Still in debt-overhang, FCC posted results roughly in line with consensus

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Still in debt-overhang, FCC posted results roughly in line with consensus
Fomento de Construcciones y Contratas, S.A. (FCC:FRA) | 0 0 0.9% | Mkt Cap: 3,516m
- Published:
29 Feb 2016 -
Author:
Felix Brunotte -
Pages:
4 -
h2. Key information • Revenue increased by 2.2%. • EBITDA increased by 1.3%. • Net loss of €46m vs net loss of €742m in 2014. • Adjusted EPS of €0.16 vs consensus of €0.13. • Backlog decreased by 1.5%. • No improvement in operating cash flow which remains roughly stable compared to 2014. • Increase in net debt by 9% to €5.5bn. • FCC is committed to taking the necessary steps to increase its capital by €710m at an issue pric