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HOCHTIEF revenue up 1% in 1Q2010

18-May-2010 12:28 PM

Germany’s HOCHTIEF revenue up 1% - financial highlights for the three months ended Mar-2010:

  • Revenue: EUR4,448 million, +1.0% year-on-year;
  • Profit before tax: EUR120.5 million, +2.5%;
  • Profit after tax: EUR82.0 million, +4.2%:
  • Net profit: EUR34.1 million, -11.8%. [more]

HOCHTIEF: “Not least in light of the large order backlog and the opportunities available, the Group reaffirms its guidance for fiscal 2010 while its medium-term target remains a pretax profit of EUR1 billion,” Source: Company statement, 17-May-2010.