FCC there is net attributable profit of 96.9 million euro in the first quarter of the yearfigure 13.9% higher to the same period of 2022 as reported by the group on Monday.
FCC’s gross operating result (Ebitda) reached €332.1 million between January and MarchIt represents an increase of 19.3% compared to the first quarter of last year.
The company announced that quarterly EBITDA supported by good revenue growthespecially in the Cement and Construction fields, due to the high activity increase in the first quarter of the year.
The Group attributed the lower growth in net income compared to EBITDA to the lower contribution of the exchange rate change recorded in this period compared to the first quarter of 2022 and the high tax rate accrued between January and March of this year. .
FCC’s turnover reaches 2,026.7 million euros Due to the “good performance” of all businesses, especially the Construction area, which grew by 55.7% in the first quarter, which represents an increase of 21.2% compared to the same period of 2022.
At the end of the quarter, FCC’s net worth reached 5,066.2 million euros, 2.6% higher than recorded in the same period of 2022.
The Group’s revenue portfolio stood at €42,073.8 million at the end of the first quarter.With the contribution of the water area, 2012, which corresponds to an increase of 4.5% compared to the same date of the previous year, is followed by the contribution of the Environment area.