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Porr Group: Slight Decline in Sales, Cautious Positive Outlook
The Porr Group’s development against the background of the economic crisis is relatively stable. The CEE region is still below expectations.
Porr Group: Slight Decline in Sales, Cautious Positive Outlook / Picture: © Porr AG
Particularly Eastern Europe is suffering longer from the impact than originally forecast. Recovery will only come when the general economic situation again brings about private customers' sustainable willingness to invest and the public budget consolidation is complete. At present this seems unlikely to happen before 2012.
Against this background, the Porr Group generated in…
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