FCC earns 358.3 million until September, 6.9% less, and improves its Ebitda by 15.4%

MADRID, 4 Nov.

FCC earns 358.3 million until September, 6.9% less, and improves its Ebitda by 15.4%

MADRID, 4 Nov. (EUROPA PRESS) -

FCC recorded an attributable profit of 358.3 million euros during the first nine months of this year, which represents a decrease of 6.9% compared to the end of the third quarter of 2021, mainly due to the sale of various concessions of Infrastructure and participated assets of Energy in the same period of the previous year and only partially compensated by the exchange rate and by the result corresponding to minority interests.

Between January and September, the gross operating profit (Ebitda) grew by 15.4%, to 940.2 million euros, due to the increased profitability achieved in the Water and Real Estate areas, with a margin on sales of 27.1% and 53.6%, respectively, as reported by the group.

To this was added the increase in revenues, which grew by 13.9% in the first nine months of the year, standing at 5,542.1 million euros, due to the increase in activity in all business areas, mostly in Environment and Real Estate.

The group has highlighted that the business portfolio also reflects a positive performance. The incorporation of new contracts places it at 39,849.2 million euros, which represents an increase of 32% compared to December 2021, due to the incorporation of new contracts in all business areas, highlighting the Construction activity.

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