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    GFINBUR O   MXP370641013

GRUPO FINANCIERO INBURSA, S.A.B. DE C.V.

(GFINBUR O)
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Grupo Financiero Inbursa B de C : FCC Environment Austria expands its activities to the West Tyrol region

07/16/2021 | 09:01am EDT

FCC Austria Abfall Service AG has been awarded the contract for the transport and treatment of municipal waste from the West Tyrol Waste Treatment Association (ABV Abfallbeseitigungsverband Westtirol). The contract, which will start from 1 January 2022, has a term of 5 years extendable up to 5 more years and involves a portfolio of up to 33 million euros.

FCC Austria will be responsible for transporting the waste collected at the Roppen transfer station, managed by the contracting authority, to the waste energy recovery plant of FCC Zistersdorf Abfall Service GmbH (a 100% subsidiary of FCC Austria Abfall Service AG), where it will be thermally recycled in accordance with legal conditions and official requirements.

Environmentally friendly treatment and transport processes

The material transported and subsequently treated consists mainly of municipal and bulky household waste, commercial waste, screening of wastewater treatment plants and screening overflows from the mechanical pretreatment of bio-waste.

The transfer of the nearly 20,000 tons of waste per year will be carried out through a MOBILER intermodal system of containers of 53 m3. Although in a first phase of 7km, to the Austrian Railways station (OBB) of Otztal, it will be done by road with tractor head - semi-trailer sets, most of the route (634 km) will be carried out by rail. This solution proposed by FCC Environment is extremely respectful of the environment and involves avoiding the emission of more than 1,400 tons of CO every year.2.

Contact:

Headquarters

Madrid

Avda. Camino de Santiago

40 28050, Madrid

Tel: +34 913 595 400

Fax: +34 917224193

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 38 387 M 1 902 M 1 902 M
Net income 2021 15 021 M 744 M 744 M
Net Debt 2021 - - -
P/E ratio 2021 8,29x
Yield 2021 3,50%
Capitalization 121 B 6 016 M 5 975 M
Capi. / Sales 2021 3,14x
Capi. / Sales 2022 2,83x
Nbr of Employees 10 901
Free-Float 40,9%
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Number of Analysts 11
Last Close Price 18,85 MXN
Average target price 23,13 MXN
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Managers and Directors
Javier Foncerrada Izquierdo Chief Executive Officer & Non-Independent Director
Ra˙l Reynal Pe˝a Director-Administration & Finance
HÚctor Slim Seade Chairman
Laura Diez Barroso Azcßrraga Independent Director
David Antonio Ibarra Mu˝oz Independent Director