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Remarkable Loss at Strabag
In the first six months of 2012, Strabag´s output volume slightly (-2 %) lower than in the six-month comparison period. Non-operating effects push six-month EBITDA down from € 197.18m to € 16.14m. Net income reached € -157m.
Remarkable Loss at Strabag / Picture: © Strabag SE
Today, Friday, STRABAG SE, Central and Eastern Europe’s largest construction company, announced its figures for the first half of 2012. In July, the company had disclosed a downward revision of its outlook for the full-year 2012, citing delays of public authorities in Central and Eastern Europe in dealing with claims, the cautious valuation of some construction projects and the…
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