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Strabag SE posts stable operating earnings after nine months 2017 despite positive one-off last year

Published: November 30, 2017; 07:30 · (Vindobona)

Publicly listed construction company STRABAG SE reported operating earnings that are nearly unchanged after the first nine months 2017 - despite the fact that a one-off effect in 2016 from the sale of a shareholding related to the acquisition of the minority interest in subsidiary Ed. Züblin AG, which was disclosed at that time, had resulted in an upwards distortion of the earnings figures.

Strabag SE posts stable operating earnings after nine months 2017 despite positive one-off last year / Picture: © Vindobona

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

* Order backlog again at high level: € 16.0 billion (+7 %)
* Outlook 2017: expected output volume raised to € 14.5 billion (previously: ≥ €
14.0 billion), EBIT margin forecast remains at ≥ 3 %

Quarterly…

This article includes a total of 1245 words.

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ISIN
AT000000STR1