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Fomento de Construcciones y Contratas SA (FCC.MC)

FCC.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Spain's FCC says Aqualia sale revenue to be used to cut debt
Monday, 30 Jul 2018 

July 31 (Reuters) - Fomento de Construcciones y Contratas CEO Pablo Colio Abril::Says income from sale of 49 percent of water business Aqualia will mainly go to cutting debt.Says reduction of debt will give company chance to consider re-starting dividend payments when it thinks fit.  Full Article

FCC's Slim expects company to improve construction, real estate business margins
Monday, 30 Jul 2018 

July 31 (Reuters) - Fomento de Construcciones y Contratas SA main shareholder Carlos Slim::Says expects Spain's FCC to improve margins in construction and real estate business.  Full Article

Inversora Carso Buys Debt With Pledge On 15.43 Pct Of Share Capital Of FCC
Thursday, 17 May 2018 

May 18 (Reuters) - FOMENTO DE CONSTRUCCIONES Y CONTRATAS SA ::SAID ON THURSDAY ITS CONTROLLING SHAREHOLDER INVERSORA CARSO SA HAS ACQUIRED TOTAL DEBT OF DOMINIUM DIRECCION Y GESTION SL WITH A PLEDGE ON 15.43 PCT OF SHARE CAPITAL OF FCC.AMOUNT PAID FOR DEBT WAS 599.7 MLN EUROS, PRINCIPAL OUTSTANDING AMOUNT WAS 844.2 MILLION EUROS.ACQUISITION DOES NOT CHANGE VOTING RIGHTS ATTRIBUTABLE TO INVERSORA CARSO IN FCC.  Full Article

Spain's FCC to sell 49 pct of FCC Aqualia for 1.024 bln eur
Saturday, 17 Mar 2018 

March 17 (Reuters) - Fomento De Construcciones Y Contratas Sa ::SPAIN'S FCC SAYS HAS AGREED TO SELL 49 PERCENT OF FCC AQUALIA FOR 1.024 BILLION EUR TO IFM GLOBAL INFRASTRUCTURE FUND.  Full Article

FCC Extends Waste Collection Contract In Logrono, Spain
Friday, 16 Mar 2018 

March 16 (Reuters) - Fomento de Construcciones y Contratas SA ::EXTENDS FOR EIGHT MORE YEARS STREET CLEANING AND WASTE COLLECTION CONTRACT IN LOGRONO, SPAIN.  Full Article

FCC Renews Maintenance Deal In Canary Islands Worth 41.6 Million Euros
Thursday, 15 Mar 2018 

March 15 (Reuters) - Fomento de Construcciones y Contratas SA (FCC) ::RENEWS MAINTENANCE DEAL IN CANARY ISLANDS FOR 4 YEARS WITH 2 YEARS EXTENSION PERIOD WORTH 41.6 MILLION EUROS.IN CONSORTIUM WINS DEAL FOR MAINTENANCE OF PLAYGROUNDS UNTIL 2022, WITH PORTFOLIO AMOUNTING TO ABOVE 3.4 MILLION EUROS.  Full Article

FCC Wins Street Cleaning And Waste Collection Contract In Madrid For Over 8.5 Mln Euros
Wednesday, 7 Mar 2018 

March 7 (Reuters) - FOMENTO DE CONSTRUCCIONES Y CONTRATAS SA (FCC) ::WINS CONTRACT FOR STREET CLEANING AND SOLID WASTE COLLECTION IN MADRID FOR OVER 8.5 MILLION EUROS.THE CONTRACT TERM IS EIGHT YEARS WITH TWO EXTENSION OPTIONS OF TWO YEARS EACH.  Full Article

FCC FY Net Result Turns To Profit of 118 Mln Euros
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - FOMENTO DE CONSTRUCCIONES Y CONTRATAS SA (FCC) ::FY NET SALES 5.80 BILLION EUROS VERSUS 5.95 BILLION EUROS YEAR AGO.FY NET PROFIT 118.0 MILLION EUROS VERSUS LOSS 161.6 MILLION EUROS YEAR AGO.FY EBITDA 815.4 MILLION EUROS VERSUS 833.7 MILLION EUROS YEAR AGO.PORTFOLIO 29.38 BILLION EUROS AT END-DEC VERSUS 30.59 BILLION EUROS AT END-DEC 2016.  Full Article

FCC Wins Road Tunnel Contract In Barcelona
Monday, 26 Feb 2018 

Feb 26 (Reuters) - FCC ::SAYS FCC CONSTRUCCION WINS ROAD TUNNEL CONTRACT IN BARCELONA WITH PROJECT BUDGET OF 13.8 MILLION EUROS AND EXECUTION PERIOD OF 24 MONTHS.  Full Article

FCC In Advanced Talks With IFM to Sell 49 Pct Stake In Unit Aqualia‍​
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - FOMENTO DE CONSTRUCCIONES Y CONTRATAS SA (FCC) ::SAYS FCC IN ADVANCED NEGOTIATIONS WITH IFM FOR IFM TO BUY 49 PERCENT STAKE IN FCC AQUALIA.‍​.  Full Article

Carlos Slim says Mexico's AMLO will seek investment in country

MADRID, July 31 Mexican tycoon Carlos Slim said on Tuesday he expects Mexican president-elect Andres Manuel Lopez Obrador (AMLO) to seek investment, and does not see risks to his business empire in the country from the new left-wing administration.