The consortium formed by the Spanish company, Australian fund Macquarie and Ireland’s John Sisk&Son has successfully completed the alliance they forged in 2018 for the campus
FCC has closed a project in Dublin (Ireland), together with the Australian fund Macquarie Capital and the local company John Sisk&Son Limited, valued at 220 million euros. The infrastructure consists of two buildings at the TU Dublin University of Technology (TUD) on the Grangegorman campus in Dublin (Ireland).
The Central Quad building has a floor area of 35,552 square meters and will house the academic activities and facilities required for a total of ten schools in the Faculty of Health Sciences, the Faculty of Engineering and Environment, and the Faculty of Arts and Tourism. The East Quad building has an area of 16,940 square meters and houses most of the academic activities and facilities required for the Faculty of Arts and Tourism.
The buildings have been built under a public-private partnership system and will provide university services to 10,000 students and staff in the Irish capital. This is a new award for Carlos Slim’s company in this market. FCC also executed the widening of the M-50 urban freeway from two to four lanes in each direction, which forms the ring road around which Dublin’s accesses to the city, and in particular to the airport and port, are articulated.
FCC is currently working on the design and construction of the new North Runway at Dublin airport. In the United Kingdom, FCC Construcción has built infrastructures such as the International Broadcast Center, which became the headquarters for media broadcasts at the London Olympic Games in 2012. In addition, the Spanish construction company built the Enniskillen Hospital in Northern Ireland.
FCC to strengthen its position after covid
These projects are a step towards turning the record around in 2020. In the covidm year FCC recorded a net profit of 262.2 million euros at the end of 2020, down 1.7% compared to 2019, due to exchange differences booked throughout the year, -51.3 million euros in 2020 compared to 14.8 million in 2019.
the gross operating profit (Ebitda) recorded an increase of 2.1% to 1,047.5 million. This increase is explained by the higher contribution in the concessions area, together with the increase in the result from the sale of surplus emission rights in the cement area, which offset the drop in construction.
FCC reached 6,158 million in revenues, 1.9% lower than in 2019. Revenues were supported by the good performance of the utilities activities (environment and water), thanks to their nature of essential services, which softened the contraction in the construction and cement areas, more affected by government restrictions since last March to combat the health crisis, to which was added a higher revenue contribution in concessions due to the change in the consolidation method of the concession company Cedinsa.