HOCHTIEF revenue up 1% in 1Q2010

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.