Strabag Posts Strong Rise in Profits

Businessn.a. ♦ Published: April 27, 2012; 13:54 ♦ (Vindobona)

The Vienna-listed construction company recorded a 12% increase in net income. The output volume rose by 12%. In 2012, an output volume of € 14.3bn is expected, EBIT guidance is very ambitious, Strabag says.

Strabag Posts Strong Rise in Profits / Picture: ©

“Our current market environment is characterised by the debt crisis in Europe, the volatile financial markets, the declining public-sector investments with simultaneously still higher demand for building construction from private and commercial clients. Thankfully, our strategy also meets the necessities of such conditions: Our group is diversified in terms of regions and segments and…