Fomento de Construcciones y Contratas SA (OTCPK:FMOCF)
$ 10.60647 0.71 (4.95%) Market Cap: 4.47 Bil Enterprise Value: 7.42 Bil PE Ratio: 6.77 PB Ratio: 0.89 GF Score: 81/100

Half Year 2019 Fomento de Construcciones y Contratas SA Earnings Call Transcript

Jul 31, 2019 / 07:00AM GMT
Release Date Price: $10.21
Miguel Coronel Granado
Fomento de Construcciones y Contratas, S.A. - Director of Management Control & Capital Markets

Good morning, everyone here in this results presentation for the first 6 months. I am Miguel Coronel, the Capital Markets and Management Control Director at FCC Group. I would like to thank you very much for connecting this morning.

With regard to the results, first of all, I'd like to say the performance of the net attributable income at EUR 128.9 million, which is due to the good performance that we will look at later by area, but it was slightly lower than last year's figure of EUR 151.7 million, which is due -- as you've seen in the information that we've sent to the CNMV, due to the increase of the minority shareholder which was EUR 27.8 million, which was mainly in the Water business.

If we're going to look at the most relevant headings on the income statement of the consolidated group, starting with the top part, which is the revenue, the income was EUR 2,993.8 million. They grew 5.5% compared to the year 2018. This increase, as I've said, it was in all the

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