Strabag: Significant Rise in Earnings Expected

Published: April 28, 2011; 07:44 · (Vindobona)

According to analysts, the Austrian construction company will record a substantial rise in profits. However, sales will decline.

Strabag: Significant Rise in Earnings Expected / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]

Tomorrow, the date of the financial year of Strabag will be presented. Domestic analysts are quite optimistic regarding profits, but forecast a slight decrease in sales by 0.81%. The average estimation on sales accounts for € 12.45bn. The construction output should fall by 1.9%, which is mainly due to civil engineering infrastructure projects, UniCredit announces.

EBITDA is…

This article includes a total of 203 words.

or Log In

Fast News Search