Fomento de Construcciones y Contratas SA (LTS:0HAA)
€ 9.35 0.02 (0.21%) Market Cap: 4.24 Bil Enterprise Value: 7.04 Bil PE Ratio: 6.82 PB Ratio: 0.89 GF Score: 76/100

Full Year 2022 Fomento de Construcciones y Contratas SA Earnings Call Transcript

Feb 24, 2023 / 11:45AM GMT
Release Date Price: €6.19 (-1.30%)
Operator

This meeting is being recorded.

Miguel Coronel Granado
Fomento de Construcciones y Contratas, S.A.

(technical difficulty) I want to apologize to you because we had a little delay this morning. We know that we need to send the invitations through a new system, and we had a few problems, but I believe that all the reports have been made available to you all. For the first time, we are using a new platform through Zoom. And therefore, for asking questions, you should use the questions and answers tab on the platform. And then at the end of the session, we will read the questions and then answer them. So -- and please remember to shut off your microphones. You can also make use of the interpretation service.

In terms of the earnings, as I was saying, the results have already been published. And the most important figures, well, I want to mention a few elements. In terms of revenues, we increased by 15.7%, more than double-digit growth across all our business areas. As in previous quarters, this also includes the contribution of acquisitions that we have

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