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Strabag Announces Profit Warning
For the Austrian construction company, the EBIT of EUR 300m will not be achievable.

Based on new information, the Management Board of the publicly listed construction company STRABAG SE expects that the earnings before interest and taxes (EBIT) target of € 300m, which had been indicated as being “more than ambitious”, could be reached only by about two thirds.
Reasons are, among others: the delays of public authorities in Central and Eastern Europe in…
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