Spain's FCC revenues drop


(MENAFN) FCC, Spain"s fifth-biggest builder, fell to a loss of USD 805 million in the first six months of this year, resulting from revenues drop on renewal energy assets, according to Gulf News. FCC revenues had a 13.7 percent drop in the first half of this year reaching USD4.1 billion. The company wrote down USD 274.6 million on the value drop of its renewal energy subsidy, in order to make energy reforms, and another USD 493.5million on Austrian construction unit Alpine.


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