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Strabag expects double-digit million-euro amount in 2017

Published: December 6, 2017; 12:28 · (Vindobona)

On the basis of a legally binding settlement agreement concluded today in relation with a former project in the Middle East region, the Management Board of STRABAG SE expects to realise income (before income taxes) of a mid-range double-digit million-euro amount in the 2017 financial year.

Another positive aspect to be noted is that - counter to the original assessment

- the required reorganisation of STRABAG PFS will apparently have no noteworthy
impact on the 2017 net income after minorities.

This development, however, is contrasted by considerable
uncertainties regarding an estimate of the financial impact that could result
from the Alto…

This article includes a total of 388 words.

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