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Strabag: Significant Rise in Earnings Expected
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: © Vindobona.org
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…
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