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Last $3.17 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 05/14/15 All times are local (Market data is delayed by at least 15 minutes).

fomento de const-unspon adr (FMOCY) Key Developments

FCC And Saur Denies Merger Talks

Fomento de Construcciones y Contratas, S.A. (CATS:FCC) and Saur SAS have denied any merger talks. Le Monde, quoting three anonymous sources, said shareholders of Saur and FCC water unit aqualia gestión integral del agua, S.A. have been in talks for weeks and that a conclusion was imminent. "We formally deny any talks or approach with the FCC group," a Saur spokesperson said. According to Reuters, a spokesperson for FCC in Madrid denied any interest of the Spanish firm in Saur.

FCC Group Reports Earnings Results for the First Quarter of 2015

FCC Group reported earnings results for the first quarter of 2015. The business turnover grew 3.1% year-to-year, reaching EUR 1.482 billion, driven basically by international growth in the areas of water and environmental services. EBITDA increased to EUR 169 million, also supported in the -- by these areas, which entails a year-to-year growth of 4.5%, excluding the effect of lower sales of emission rights in the area of cement. The net attributable income recovered its growth path with EUR 6 million in the quarter compared to losses of EUR 31 million in the same period of 2014. The gross operating income was EUR 169 million, an increase of 0.6% compared to the same period last year because of a fall of 59.6% of the EBITDA in the area of cement because of nonrecurring factors, like the selling of emission rights.

Fomento de Construcciones y Contratas, S.A. to Report Q1, 2015 Results on May 13, 2015

Fomento de Construcciones y Contratas, S.A. announced that they will report Q1, 2015 results Pre-Market on May 13, 2015

Fomento de Construcciones y Contratas, S.A., Q1 2015 Earnings Call, May 13, 2015

Fomento de Construcciones y Contratas, S.A., Q1 2015 Earnings Call, May 13, 2015

Fomento de Construcciones y Contratas, S.A. Appoints Julio Pastor as Director of Communications and Corporate Social Responsibility

Fomento de Construcciones y Contratas, S.A., or FCC has appointed Julio Pastor as director of communications and corporate social responsibility, or CSR. Until now, Pastor was Director of News Relations for FCC and replaces Jose Manuel Velasco who left the Company at the end of last January. The new Director of Communications and CSR will directly report to the Vice-Chairman and CEO, Juan Bejar, and will be a member of all of the Business Committees of the Citizen Services Group.


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FMOCY Competitors

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Empresas ICA SAB de CV $13.02 MXN +0.09
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OHL Mexico SAB de CV $21.51 MXN +0.76
Sacyr SA €3.85 EUR -0.003
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Valuation FMOCY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 8.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

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