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| Bilfinger Berger reports Q1 2007 results  In the first three months of 2007, German construction giant Bilfinger Berger once again increased its volume of business and improved its quarterly earnings. All of the segments increased their profit contributions compared to the first quarter of last year. The group's first-quarter output volume rose by 23% to €1,988 million. Orders received increased to €2,532 million, surpassing the figure for the prior-year quarter by 8%. The order backlog rose by 19% to €9, 212 million.EBITA amounted to plus €16 million (Q1 2006: -€3 million). The net interest result was zero (Q1 2006: +€3 million). Earnings before taxes increased to plus €13 million (Q1 2006: -€2 million), while net profit after minority interests rose to plus €7 million (Q1 2006: -€2 million). Bilfinger Berger intends to increase its output volume and to achieve further improvements in EBITA and net profit in full-year 2007. The return on capital employed will once again surpass the cost of capital of 10.5% significantly (2006: ROCE 16.3%). write your comments about the article :: © 2007 Construction News :: home page |