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08/05/2000

FCC: Ordinary profits increase by 13.3%.

Fomento de Construcciones y Contratas, S.A. (FCC) earned revenues of 161,300 million pesetas (969.43 million euros) during the first quarter of this year which represents a growth of 14.5% compared to the same period last year.

Of this amount, 142,817 million pesetas (858.34 million euros) pertain to domestic market rev...

27/04/2000

Water management contract in Argentina

The FCC Group, via their associate Proactiva Medio Ambiente, S.A., was awarded the 30 year contract of general water management for various departments in the province of Catamarca (Argentina), in the northwest part of the country. Billing is estimated to reach close to 60 billion pesetas

he contract encompasses the dep...

29/02/2000

FCC Group: Earnings before tax in 1999 were in excess of 64 billion pesetas

The net consolidated turnover of the Construcciones y Contratas, S.A. (FCC) Group in 1999 amounted to 637.024 million pesetas, a 15.9% increase with respect to the previous year.

The degree of production diversification has been increased, as activities in industries other than construction account for 52.3% of the cons...

15/02/2000

FCC Construccion, S.A.. ends its alliance with Geril over the portuguese construction group Engil

FCC Construcción and Geril have decided to end the agreement they had signed in connection with Engil and, taking advantage of the current takeover bid, to sell the shares they both hold in the company.

As has been announced on previous occasions, FCC Construcción S.A.'s international strategy is based on acquiring shar...

03/01/2000

The Portuguese Stock Exchange Commission (CMVM) states that it has no authority to decide upon the purchase of shares in Engil by FCC Construcción, S.A.

The CMVM has stated that it has no authority to issue a judgement upon the purchase of shares in the Portuguese construction company Engil by FCC Construcción, S.A. As a result, the initiatives aimed at ensuring this body's approval of the shares held by the Spanish company have failed.

Last summer, FCC Construcción, S....

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