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Formento de Construcciones y Contratas (FCC) investor relations material
Formento de Construcciones y Contratas Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue increased by 10% year-over-year to €2,398.8m in Q1 2026, driven by organic growth in Construction and acquisitions in the Environment sector in the UK and US.
EBITDA rose 6.5% to €345.5m, with a margin of 14.4%, slightly lower due to a higher Construction contribution.
Net profit attributable to shareholders grew 11.9% to €65.8m, supported by positive operating performance and favorable euro exchange rate movements.
Net financial debt increased 11.5% to €2,565.8m, reflecting investments in contract renewals and a seasonal working capital rise.
Backlog expanded 5% to €54,176.7m, led by strong growth in the Water division.
Financial highlights
Equity rose 2.7% to €4,871.5m compared to December 2025.
EBITDA margin declined by 0.5 percentage points year-over-year to 14.4%.
Net financial debt increased by €264m since December 2025.
Outlook and guidance
Growth in backlog, especially in Water and Construction, positions the group for continued expansion.
Recent contract wins and renewals in key markets support a positive operational outlook.
- Revenue up 6.9% to EUR 9.7bn, net profit down 62%, net debt down 23%, backlog up 11.4%.FCC
Q4 20256 Mar 2026 - Revenue and EBITDA rose on strong Water and Environment growth and major acquisitions.FCC
Q3 202418 Jan 2026 - EBITDA up 14.6% and backlog up 6.3%, but net profit fell sharply on spin-off and FX losses.FCC
Q1 202524 Dec 2025 - Revenue up 10.4% and EBITDA up 11.7%, but net profit down 27% after carve-out.FCC
Q4 202421 Dec 2025 - Revenue and EBITDA grew, but net profit fell sharply on currency and one-off impacts.FCC
Q3 202521 Nov 2025 - Revenue and EBITDA grew strongly, but net profit fell sharply on divestments and one-offs.FCC
Q2 20253 Nov 2025 - FCC Group achieved €9,026M revenue in 2023, with 47% from international markets and sector leadership.FCC
Corporate Presentation 202413 Jun 2025 - FCC Group achieved €9B revenue in 2023, excelling across global infrastructure and services.FCC
Corporate Presentation 202313 Jun 2025 - Revenue up 8.7% and net income up 9.2%, with strong growth in Construction and Water.FCC
Q2 202413 Jun 2025
Next Formento de Construcciones y Contratas earnings date
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