Key information : • Net sales up 6.5% in H1 15. • EBITDA down by 3.1%. • EBITDA margin at 11.7% in H1 15 vs 12.9% in H1 14. • EBIT margin at 4.9% in H1 15 vs 6.3% in H1 14. • Net financial expenses fell by c.22% as a result of the debt reduction following the capital increase. • Net debt increased from c.€5bn in FY 14 to c.€5.8bn.
31 Jul 2015
Disappointing H1 results
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Disappointing H1 results
Fomento de Construcciones y Contratas, S.A. (FCC:FRA) | 0 0 0.9% | Mkt Cap: 3,516m
- Published:
31 Jul 2015 -
Author:
Felix Brunotte -
Pages:
2
Key information : • Net sales up 6.5% in H1 15. • EBITDA down by 3.1%. • EBITDA margin at 11.7% in H1 15 vs 12.9% in H1 14. • EBIT margin at 4.9% in H1 15 vs 6.3% in H1 14. • Net financial expenses fell by c.22% as a result of the debt reduction following the capital increase. • Net debt increased from c.€5bn in FY 14 to c.€5.8bn.