Fomento de Construcciones y Contratas (ES:FCC) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
FCC Group reported an 8.4% rise in revenue for the first nine months of 2024, reaching 6,550.1 million euros, driven by increased activity across all sectors, especially in Water and Concessions. The company’s net profit rose by 6.3% to 426.6 million euros, while net financial debt increased slightly due to significant investments. Additionally, FCC’s income portfolio expanded by 4.1%, underscoring growth in the Environment sector.
For further insights into ES:FCC stock, check out TipRanks’ Stock Analysis page.