Lower Net Income at Alpine

IndustrialsConstruction ♦ Published: April 30, 2012; 18:57 ♦ (Vindobona)

The Austrian construction company achieved profits of € 10m last year after € 17m in 2010. Revenues went up moderately.

Lower Net Income at Alpine / Picture: © Alpine Logo Press Photo

The Salzburg-based construction company Alpine Holding, which is wholly-owned by the Spanish FCC Construccion S.A., records a slump in net income.

Alpine´s profit after tax went down to € 10.35m from € 17.20m. Operating profits reached € 47.88m after € 47.91m. Building work rose by 13% from € 3.20bn to € 3.62bn. About € 1.55 of the building work was generated in…