Strabag Exceeds Forecasts

Industrials › Construction ♦ Published: February 18, 2012; 13:55 ♦ (Vindobona)

The Austrian construction company recorded a construction volume of € 14.3bn in 2011. For 2012, stable results are expected.

Strabag Exceeds Forecasts / Picture: © Vindobona.org

Strabag SE could increase its construction volume from € 12.8bn to € 14.3bn (+12.0%). Initially, a construction volume of € 14.0bn was expected. This satisfying result is due to strong demand in the German and Polish construction market. Also the expansion in Northern Europe contributed to this development.

However, Strabag´s order volume declined by 9.0% to € 13.4bn.…

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