Key information: • Revenue down by 2.8%. • EBITDA declined by 2.6% • At 14%, the EBITDA margin was similar to the same period in 2016. • EBIT amounted to €318.3m, in sharp contrast to the €44.4m loss recognised in the same period in 2016. • Financial expenses fell by 23.9% to €156.8m for the first nine months. • Net attributable profit amounted to €153.5m, contrasting with a loss of €179.4m in the same period in 2016, which included an ad
31 Oct 2017
FCC Q3: lack of transparency on the cash generation side
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FCC Q3: lack of transparency on the cash generation side
Fomento de Construcciones y Contratas, S.A. (FCC:FRA) | 0 0 0.9% | Mkt Cap: 3,516m
- Published:
31 Oct 2017 -
Author:
Felix Brunotte -
Pages:
3
Key information: • Revenue down by 2.8%. • EBITDA declined by 2.6% • At 14%, the EBITDA margin was similar to the same period in 2016. • EBIT amounted to €318.3m, in sharp contrast to the €44.4m loss recognised in the same period in 2016. • Financial expenses fell by 23.9% to €156.8m for the first nine months. • Net attributable profit amounted to €153.5m, contrasting with a loss of €179.4m in the same period in 2016, which included an ad