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Strabag SE With Optimistic Outlook for 2011 and 2012
The building company expects its output volume in 2011 to amount to € 13.5bn, the EBIT in 2011 is estimated to account for € 295m.
Strabag SE With Optimistic Outlook for 2011 and 2012 / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]
Strabag SE announced its guidance until 2012 at its Capital Markets Day today. The company expects a slight decrease in its output volume in 2010 from € 13.0bn to € 12.9bn. The output is expected to grow by 5 % to € 13.5bn 2011 and by 1.5 % to € 13.7bn in 2012.
Strabag SE sees its adjusted EBIT as reaching € 280m in 2010 (2009: € 283bn; unadjusted, the EBIT is…
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