* Net profit down 52.6 percent to 95.6 million euros
* Keeps FY guidance
* Shares down 1.11 percent
(Adds detail, comments, share price)
MADRID, July 28 (Reuters) - Spanish building and services group FCC said on Tuesday first-half net profit slumped 52.6 percent, reflecting a collapse in Spain's construction industry and property business, and missing analysts' forecasts.
Net profit came in at 95.6 million euros in the first half, just under the average of eight analyst forecasts for 100.6 million euros.
By 0914 GMT, FCC's shares had fallen 1.08 percent to 28.51 euros, underperforming gains on Spain's leading Ibex-35 shares index.
"Results were dragged down by domestic construction, cement and real estate activities due to the crisis the Spanish economy is experiencing, even though there are slight signs of a recovery, particularly in services," Banesto Bolsa analysts said in a note.
In a conference call with analysts following results, FCC said it was maintaining its full-year targets, in spite of a weak set of first-half numbers.
"The company is not revising. It maintains its targets for the year," Financial Director Victor Pastor said told analysts.
In June, FCC Chairman Baldomero Falcones reiterated guidance for earnings before interest, tax, depreciation and amortisation (EBITDA) growth of 4 percent and sales growth of 3 percent in 2009, but said the target would be difficult to meet.
The constructor's sales fell 8.9 percent to 6.011 billion euros in the first half, while EBITDA dropped 14.9 percent to 672.5 million. ($1=.7004 Euro) (Reporting by Andres Gonzalez and Tracy Rucinski; Editing by Simon Jessop)