We are FCC Nº22

FCC holds its 2022 General Shareholders Meeting FCC held its General Shareholders’ Meeting on the 14th of June in Ma- drid. All items on the agenda were approved, including the annual ac- counts for 2021. Chaired by Esther Alcocer Koplowitz, chairwoman of the FCC Group, and Pablo Colio Abril, CEO of the com- pany, both took advantage of this important event to thank the Board of Directors, the management team, and all FCC employees for their hard work during 2021, noting that their dedication contributed to FCC’s sound earnings, and to the growth and development of the FCC Group. A demanding and challenging year In her speech to the shareholders, Esther Alcocer Koplowitz stressed: “2021 was a demanding year for FCC, and an extraordinary one in terms of results. A year in which we have once again demonstrated our great ability to turn every challenge into an opportunity”. In addition, the chairwoman of the FCC Group highlighted how “the FCC Group, currently present in 25 countries, closed the 2021 business year with profits of 580 million euros. A figure double that of the previous business year”. FCC in figures At this annual meeting, the CEO pre- sented a breakdown of the financial results to the shareholders and re- ported on the most important events. In his presentation, he pointed out that “one of the keys to our success is the strong shareholder backing of the FCC Group, whose benchmark is the Carso Group. The various ope- rational, structural and financial mea - sures implemented, driven by FCC’s shareholder reinforcement since 2015, have made us undoubtedly re- silient. This is demonstrated by the higher returns and profit achieved in 2021”. The FCC Group ended the 2021 bu- siness year with an attributable net profit of 580.1 million euros, more than double that recorded in the pre- vious business year. The Group improved its gross opera- ting profit (EBITDA) by 7.6% to reach 1,126.6 million euros in 2021. It is also worth mentioning the good per- formance of the net operating result (EBIT), which has recorded a figure of 802.2 million euros, 40.1% more than the previous year. This increase reflects the positive development of EBITDA, as well as the accounting impact of the full consolidation of Realia and the adjustment made to the value of property, plant and equi- pment and the commercial fund in the Cement area. The Group’s consolidated revenues amounted to 6,659.3 million euros, 8.1% higher than in 2020, due to the positive performance of most of its business activities during the year, especially the Environment area, which increased by 12.4%. As for the business portfolio, at the end of last year it stood at 30,196.9 million euros, with an increase of 2.7% compared to 2020. Of particu - lar note in this section is the contribu- tion of the Environment area, with an increase of 17%. Equity rose considerably, with a fi - gure of 4,440.7 million euros, 52.7% 5