FCC Group Reports Strong Growth in 2024, Expands Global Reach

Story Highlights
  • FCC Group’s 2024 revenues rose by 10.4%, driven by growth in Concessions, Environment, and Water sectors.
  • Strategic acquisitions and new contracts expanded FCC’s global service reach, emphasizing sustainability.
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FCC Group Reports Strong Growth in 2024, Expands Global Reach

Fomento de Construcciones y Contratas ( (ES:FCC) ) has shared an update.

In 2024, FCC Group reported a 10.4% increase in revenues, reaching 9,071.4 million euros, driven by significant growth in its Concessions, Environment, and Water sectors. The company also saw an 11.7% rise in Ebitda to 1,435.3 million euros, despite spinning off its Cement and Real Estate businesses, which impacted net results. FCC’s strategic acquisitions in the USA and Europe, along with new contracts in Spain and the USA, expanded its service reach and reinforced its commitment to sustainability, serving nearly 71 million people globally in its Environment area.

More about Fomento de Construcciones y Contratas

Fomento de Construcciones y Contratas (FCC) Group is a company operating in various sectors, primarily focusing on environmental services, water management, and infrastructure concessions. The company has a significant presence in Europe and the USA, with a strong emphasis on sustainability and urban environment solutions.

YTD Price Performance: 20.32%

Average Trading Volume: 362

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €4.8B

Find detailed analytics on FCC stock on TipRanks’ Stock Analysis page.

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