FCC Group posted a net attributable result of EUR 226.6 million for the first half of the year, a 2.5% decrease from the same period last year. Management noted that the drop was driven by higher results attributed to minority shareholders, a factor that narrowed overall earnings for the period.
Across the portfolio, the company saw resilience in its core activities. Revenue rose to EUR 3,584 million, up 13.1% from the prior year, while gross operating profit, or EBITDA, climbed by 14% to EUR 603 million, underscoring solid operating momentum amid market headwinds.
On a net basis, EBIT reached EUR 382 million, reflecting EBITDA strength and the favorable mix within the group. Higher EBITDA contributed to a notable 18.2% year-over-year improvement in EBIT, signaling improved profitability within the existing asset base and ongoing efficiency initiatives.
CaixaBank earns 1.573 million, or 17% more, thanks to business activity and cost reduction
According to the company accounts, revenue now stands at EUR 38,001 million, marking a 25.8% increase versus the end of 2021. The construction segment posted a robust gain of 29.8%, while the water segment recorded a similar expansion of 29%, supported by new contracts and international operations that broaden the group’s geographic footprint.
The group’s net worth rose to EUR 4,841 million, up 9% from the value noted in 2021, reflecting stronger capitalization and improved equity position as the business expanded its earnings base.
BBVA gains 57% more in the first half to reach €3,001 million
By the close of the first half, net financial debt stood at EUR 3,595 million, a 10% increase driven by strategic acquisitions. The company completed the purchase of a firm that owns and operates the integrated water cycle infrastructure in the Georgian capital and broadened its investment through the acquisition of a minority stake in a real estate venture last June. These moves supported portfolio diversification and enhanced capital deployment for growth opportunities.