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02/03/2006

FCC awarded the tender for the management of the water supply in Santander until the year 2031

The Board of Contracts at the Santander City Council has proposed that Aqualia, a filial of FCC, be awarded the tender for the management of the water supply in the city for the next 25 years. This means a business portfolio of 725 million euros.

This agreement with the Board of Contracts must be ratified by the Council...

02/03/2006

FCC Awarded Urban Sanitation Contract in Vitoria

The Contracting Committee of the Vitoria Town Council has proposed FCC to provide the city's sanitation services for the next eight years, with the possibility of a two-year extension. The contract is valued at a total of 200 million euros.

This decision by the Contracting Committee, which must be ratified tomorrow by t...

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...

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