The FCC Group's construction area has increased its revenue by 1.2% to €2.1629 billion, explained by the greater progress made in the third quarter on some of the projects in its portfolio, notably those involving rail and road infrastructure.

By geographical area, turnover in Spain grew by 4.9% to €921.2 million, driven by progress on various refurbishment, road, rail and emergency works. In Europe, turnover increased by 5% to €645.4 million, due to the development of rail infrastructure in Romania. In the Americas, turnover increased to €477.2 million, 5.4% more than the previous year, largely driven by the growing contribution of railway works in Toronto (Canada) and road works in Pennsylvania (USA), which offset the completion of the Mayan Train in Mexico. In the Middle East and Australia, revenue fell to €119.1 million, largely due to the completion of various contracts in Saudi Arabia and despite the significant development of works secured in Australia (social housing complex in Cairns).

Gross operating profit remained stable compared to the same period last year, standing at €121.4 million, with an operating margin of 5.6%, similar to the previous year.

The revenue portfolio experienced a substantial increase of 46.8% compared to 2024, reaching €9,350.1 million. The international area experienced notable growth of 60.9%, reaching €6,363.6 million, driven mainly by the award of new railway works, notably the award of a new phase of the Scarborough project in Canada, the Second Avenue subway in New York, and the extension of the Yongue North Subway, also in Canada. In Spain, the portfolio rose by 23.8%, driven, among other significant projects, by the award of the second phase of the Nou Mestalla stadium and a new section of the Burgos-Vitoria high-speed rail line.

Operational milestones and contracting

• The Connect Plus Partners consortium, a joint venture between FCC Construcción and Halmar International, won the contract for the design and construction of phase 2 of the Second Avenue Subway in New York, worth more than €1.5 billion (€881 million corresponding to FCC Construcción), which began contracting in September.
• In Mexico, the consortium formed by FCC Construcción and CICSA was awarded the construction (50%) and design of 111 kilometres of the Tren del Norte, on the Saltillo to Santa Catarina section. The project has a budget of over €1.47 billion and a completion period of 31 months (this work had not yet been incorporated into the portfolio at the end of this period).
• Contract awarded for the first phase of construction of the Qiddya stadium in Saudi Arabia (with a 55% stake held by FCC Construcción and 45% by Nesma Holding Co.). With the early phase now complete, the first stage of the design and construction contract, worth more than €380 million, is beginning.
• The North End Connectors consortium, in which FCC Construcción has a 33.3% stake, has obtained financing from Infrastructure Ontario and Metrolinx for the Yonge North Subway Extension Advance Tunnel project in Ontario. The design, construction and financing contract is valued at $1.4 billion, of which €477 million corresponds to FCC Construcción and includes the design and construction of a 6.3-kilometre tunnel, as well as a section of the existing rail corridor. The scope of work also includes the supply of tunnel boring machines, the installation of tunnel linings and ancillary activities. Once the design development phase is complete, work is expected to begin in the fourth quarter of 2026 and be completed in 2030.