Spain's FCC returns to first half profit
MADRID, July 29 (Reuters) - Spanish services and building company FCC, majority-owned by Mexican magnate Carlos Slim, reported on Friday first half net profit of 54.8 million euros ($60.7 million), up from a loss in the year-ago period.
The company said earnings before interest, tax, depreciation and amortisation (EBITDA) was 374.6 million euros, up 1.3 percent on the year-ago period.
Net debt was 4.4 billion euros at end June, shrinking 19.5 percent from end December due to a capital hike in March and sale of assets. ($1 = 0.9024 euros) (Reporting By Sonya Dowsett; Editing by Paul Day)
© Thomson Reuters 2016 All rights reserved.