Formento de Construcciones y Contratas (FCC) Corporate Presentation 2023 summary

Key figures and business overview

• Generated €9,026 million in revenue and €1,530 million EBITDA in 2023, with a backlog of €41,621 million as of December 31, 2023.

• Operates in over 30 countries, with 47% of revenue from international markets and more than 67,000 employees.

• Business areas include Environment, Water, Construction, Cement, and Real Estate, each contributing significantly to revenue and EBITDA.

• Maintains a diversified business model with stable revenue streams and comprehensive service offerings.

• Holds leadership positions: #1 in Spain for Environment, Water, and Cement; top 15 globally in Environment and Construction.

Business segments

• Environment: €3,853 million revenue (43%), €647 million EBITDA (42%), serving over 67 million citizens in 5,400+ municipalities.

• Water: €1,487 million revenue (16%), €384 million EBITDA (25%), present in 18 countries, serving 45 million people.

• Construction: €1,967 million revenue (22%), €169 million EBITDA (11%), active in 24+ countries, with major infrastructure projects worldwide.

• Cement: €614 million revenue (7%), €140 million EBITDA (9%), market leader in Spain and significant presence in Tunisia.

• Real Estate: €254 million revenue (3%), €105 million EBITDA (7%), over €2.9 billion in assets and 30+ years of experience.

International presence and growth

• International revenue reached €4,289 million in 2023, with the UK, Europe, America, and MENA as key markets.

• International backlog stands at €23,848 million, representing 57.3% of the total.

• Environment and Water divisions have strong international operations, with major contracts in the UK, USA, Central Europe, Latin America, and MENA.