Page 7 - FCC-N7_eng

Corporate

A message of confdence

Baldomero Falcones wrapped up his speech at the AGM with a message of confdence to sha-reholders, saying the following:

l In the three worse years of the economic cri-sis, the FCC Group was able to maintain net proft at more than 300 million Euros.

l We have been able to defend our market share, client portfolio, and margins by ma-king great management efforts.

l We are a strong group, unique, and capable of tackling even greater diffculties. Survival and self-improvement are our genetic inhe-ritance and part of our DNA. As I mentioned on previous occasions, do not harbor any doubts that we will be able to surmount this crisis from which we will come out stronger.

l We must press ahead with the revamping of our Group by improving effciency, develo-ping and implementing an advanced techno-logical platform, clearly focusing on results.

l Our sound fnancials allows us to calmly face a period in which Spanish companies have diffculties in obtaining fnancial resources due to the penalization, excessive in my opi-nion, to which our country is being subjec-ted.

l We made signifcant progress in our inter-national expansion plan, consolidating our positioning in Europe and opening new mar-kets, consistently but selectively.

In the opinion of Baldomero Falcones, one of the greatest strengths of FCC is its entire wor-kforce. We have a closely-knitted and compact team in the operating as well as in the corporate areas. And, most importantly, we can count on the frm support, efforts, and dedication of our core shareholder, Esther Koplowitz.

Esther Koplowitz, Vice-Chairman and the largest shareholder of the Group attended the AGM.