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23/02/2006

FCC: Net Profits Grew by 16.2%

In the year 2005, Fomento de Construcciones y Contratas, S.A. (FCC) reported revenues of 7,089,800,000 euros, which represents an 11.7% increase over the year before.

All strategic areas posted solid growth rates. Construction, up by 7.2% after a 15% increase in the last quarter; Services, which rose by 19.3% and accoun...

22/02/2006

Cementos Portland Valderrivas signs the financing of the Lemona take-over bid.

Cementos Portland Valderrivas has closed an outside finance deal today for the take-over bid launched upon the total capital of Cementos Lemona and, which, yesterday, (according to confirmation by the CNMV - National Stock Market Commission) reached the amount of 96,06% of the Basque company's share capital. According ...

21/02/2006

Portland Valderrivas' EBITDA rose 15.8%

The consolidated income of Cementos Portland Valderrivas was nearly one billion euros. At 978.4 million, revenues were up by 10.3% over the year before. This growth is the consequence of the strength of the Spanish market, where the company earned 12.1% more, and the recovery of its business in the United States with a...

21/02/2006

FCC to manage more than three million square metres of land in Tres Cantos

FCC has won a contract put out to tender by the Town Council of Tres Cantos (Madrid) to manage more than three million square metres of land in the ''Nuevo Tres Cantos'' sector of the Partial Plan.

Aside from any construction work to be performed by FCC, the contract, which includes urbanisation and land management, is ...

09/02/2006

FCC Hires Raúl Vázquez to Helm Corporate Investments

FCC has hired Raúl Vázquez to step in as General Manager of its Corporate Area and strengthen its corporate investment policy.

Raúl Vázquez is an expert and a professional of acknowledged prestige, who was a partner in Arthur Andersen for more than 10 years. In 1990 he switched to Alpha Corporate, where he was a partner...

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