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Alpine Cuts Losses Substantially

Published: August 2, 2012; 16:22 · (Vindobona)

New ALPINE 2015 program for margin optimization is showing initial results. Increase in EBIT, EBT and revenue from construction services. The losses in Southeastern Europe should be compensated by the focus on Alpine´s core markets.

Alpine Cuts Losses Substantially / Picture: © Alpine Logo Press Photo

The Austrian Alpine Construction Company achieved satisfactory results during the first half of 2012 thanks to its new strategic focus on the core markets Austria, Germany and the Czech Republic in a difficult market environment. Revenue from construction services increased again, i.e. from 4.3% to 1.588bn euros (2011: 1.522bn). The earnings before tax (EBT) rose to a positive 0.6m…

This article includes a total of 255 words.

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