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Strabag Confirms „Solid Outook“

Published: November 21, 2011; 14:11 · (Vindobona)

The EBIT forecast of the Austrian construction group has been raised to € 340m. Net income is expected at € 185m.

Strabag Confirms „Solid Outook“ / Picture: © Strabag SE

The turbulence caused by the euro debt crisis has so far not affected the output or the expected results over the course of the current 2011 financial year. While state investment programmes in markets such as Germany had supported the construction industry through the middle of the year, the sector already has several difficult years behind it in countries with lower public-sector…

This article includes a total of 521 words.

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