Strabag Increased Revenue and Earnings after Nine Months

Central- & Eastern EuropeRomania ♦ Published: November 30, 2011; 10:06 ♦ (Vindobona)

Revenue of the Austrian construction group was up by 9%. EBIT stood at € 208m – 8% higher than in 2010.

Strabag Increased Revenue and Earnings after Nine Months / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]

Today, Wednesday, Strabag SE announced its figures for the first nine months 2011. The increase in revenue and earnings supports the statements regarding the outlook made by CEO Hans Peter Haselsteiner: “The turbulence in Europe caused by the euro debt crisis has so far not affected the output or the expected results of Strabag. While state investment programs in markets such as…