Key information : • Revenue declined by 2.8%. • EBITDA increased by 12.7%. • The EBITDA margin climbed to 12.9% vs 11.1% in Q1 16. • EBIT amounted to €78.2m, a 48.1% increase with respect to the €52.8m registered in Q1 16. • Net financial expenses declined by 38.4%. • Net profit attributable to the group’s shareholders amounted to €21.4m, compared to the loss of €-6.7m booked in Q1 16. • Net debt decreased by 18% yoy.
11 May 2017
Good Q1, cement and construction in Spain rebounding
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Good Q1, cement and construction in Spain rebounding
Fomento de Construcciones y Contratas, S.A. (FCC:FRA) | 0 0 0.9% | Mkt Cap: 3,516m
- Published:
11 May 2017 -
Author:
Felix Brunotte -
Pages:
3
Key information : • Revenue declined by 2.8%. • EBITDA increased by 12.7%. • The EBITDA margin climbed to 12.9% vs 11.1% in Q1 16. • EBIT amounted to €78.2m, a 48.1% increase with respect to the €52.8m registered in Q1 16. • Net financial expenses declined by 38.4%. • Net profit attributable to the group’s shareholders amounted to €21.4m, compared to the loss of €-6.7m booked in Q1 16. • Net debt decreased by 18% yoy.