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Fomento de Construcciones y Contratas ( (ES:FCC) ) has provided an announcement.
FCC reported an 8.9% increase in revenue for the first quarter of 2025, driven by significant growth in its Environmental and Water sectors. Despite the revenue boost, the company’s net result decreased by 43.8% due to the spin-off of its Real Estate and Cement businesses. The company’s expansion through acquisitions in the UK, USA, and France bolstered its Environmental business, while the Water area saw a 10.1% increase due to new contracts. The company’s revenue portfolio grew by 6.3%, supported by increased contracting in all business areas, particularly in Construction.
More about Fomento de Construcciones y Contratas
Fomento de Construcciones y Contratas (FCC) operates in the environmental services, water management, and construction industries. The company focuses on providing environmental services such as waste collection and street cleaning, water supply and management, and construction projects, including infrastructure and urban development.
YTD Price Performance: 20.52%
Average Trading Volume: 183
Technical Sentiment Signal: Strong Sell
Current Market Cap: €4.86B
See more data about FCC stock on TipRanks’ Stock Analysis page.