Strabag´s Loss Widened in First Quarter

Industrials › Construction ♦ Published: May 31, 2012; 09:13 ♦ (Vindobona)

The Austrian construction company announces a new record high for order backlog of € 15.7bn. The outlook for 2012 was confirmed.

Strabag´s Loss Widened in First Quarter / Picture: © Vindobona.org

Today, Thursday, Strabag SE, Central and Eastern Europe’s largest construction company, announced its figures for the first quarter 2012. As expected, the loss was higher than in last year’s first quarter; at the same time, the company posted a record high in the order backlog. The company confirmed its outlook on the full year.

“At the end of April, we had described our…

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