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Last €8.25 EUR
Change Today +0.71 / 9.34%
Volume 1.8M
As of 11:38 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

fomento de construc y contra (FCC) Snapshot

Previous Close
Day High
Day Low
52 Week High
12/8/14 - €13.48
52 Week Low
08/24/15 - €7.21
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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fomento de construc y contra (FCC) Details

Fomento de Construcciones y Contratas, S.A., together with its subsidiaries, engages in the environmental services, water, and infrastructure businesses in Spain and internationally. The company’s Environmental Services segment offers environmental services, such as waste collection, treatment and disposal of municipal solid waste, street cleaning, maintenance of sewer systems, and conservation of green areas. This segment also specializes in integrated industrial waste management activities, including hazardous, non-hazardous, recyclable, ground, environmental, and other kinds of waste; and waste recovery operations. Its Integral Water Management segment collects, treats, and distributes water for human consumption; collects, filters, and treats wastewater; and designs, constructs, operates, and maintains water infrastructure for municipal, industrial, agricultural, and other services. The company’s Construction segment is involved in infrastructure construction projects, building construction, and related activities, including motorways, dual carriageways and other roads, tunnels, bridges, hydraulic works, ports, airports, residential property developments, housing units, non-residential building construction, lighting, industrial air conditioning and heating systems, environmental restoration, etc. Its Cement segment operates quarries and mineral deposits; manufactures cement, lime, plaster, and related pre-manufactured products; and produces concrete. Fomento de Construcciones y Contratas, S.A. was founded in 1900 and is based in Madrid, Spain.

63,422 Employees
Last Reported Date: 02/27/15
Founded in 1900

fomento de construc y contra (FCC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

fomento de construc y contra (FCC) Key Developments

Fomento de Construcciones y Contratas, S.A. Reports Earnings Results for the First Half of 2015

Fomento de Construcciones y Contratas, S.A. reported earnings results for the first half of 2015. For the period, turnover has grown 6.5%, reaching EUR 3.16 billion, promoted by a strong international growth, especially in Water Management and Environmental Services. EBITDA though came down by 3.1%, down to EUR 370 million, due to nonrecurring factors in Construction and Cement. Excluding these 2 areas, the remaining EBITDA has improved by 7.7%. The net attributable results shows a negative balance of EUR 12 million due to the impairment of the accounting value of Cemusa, which will be sold before year end. So if company exclude the results of interrupted activities, annual attributable profit goes up to EUR 59 million. Lastly, net financial debt has increased by 15.8% as a result of the seasonal increase in operating capital and the negative impact of exchange rate, together with a long-term transfer of financial assets in Construction. Net financial debt increased by EUR 794 million compared to the end of 2014 due to the seasonal increase of circulating capital, EUR 406 million.

Fomento de Construcciones y Contratas, S.A. to Report First Half, 2015 Results on Jul 31, 2015

Fomento de Construcciones y Contratas, S.A. announced that they will report first half, 2015 results on Jul 31, 2015

Michael Carracela Files Lawsuit against Shimmick Construction Co., FCC Construction, Parsons Brinckheroffer, Genie Industries Inc. and Southern California Edison

A former amateur boxer sued contractors involved with the Gerald Desmond Bridge replacement project on which he worked, saying he suffered severe injuries when he came in contact with an arc from a high-voltage overhead power line. Michael Carracela, who says he was once a sparring partner for boxer Floyd Mayweather, filed the negligence lawsuit in Los Angeles Superior Court, seeking unspecified damages. The defendants include Shimmick Construction Co., FCC Construction and Parsons Brinckheroffer, as well as Genie Industries Inc. and Southern California Edison. A Shimmick representative could not be immediately reached. According to the lawsuit, in July 2013 Carracela was assigned to work on demolition and cleanup work at the project site and was tasked with clearing concrete pieces from a roadway that was scheduled to be re-opened for weekend traffic. While in a Genie boom lift that was 30 feet off the ground, Carracela was hit by the electrical arc while the lift was being maneuvered by the device's operator, according to his lawsuit.


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