Porr Reduces Losses

Published: September 1, 2012; 14:20 · (Vindobona)

Revenues fell by 7.4%, the EBT figure is still negative. The Austrian construction group sees a clear commitment to its home markets.

Porr Reduces Losses / Picture: © Porr AG

In the first six months of 2012, the results of the Austrian construction group were influenced by the shrinking construction sector in Eastern and Southern Europe. “As reaction to this development, Porr has focused on its table core markets Austria, Germany, Switzerland, Poland and the Czech Republic.” In these countries, Porr generates 85% of its revenues. “This strategy is…

This article includes a total of 125 words.

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