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Bilfinger Berger reports results for the second quarter 2007

Germany-based constructor Bilfinger Berger grew strongly once again in the first half of 2007. Demand was lively in all of the group's markets, leading to a high volume of orders received. At June 30, 2007, the total order backlog surpassed €10 billion for the first time in Bilfinger Berger's history. In the first six months of this year, output volume increased by 20% to €4,367 million. The volume of orders received was 24% higher than in the prior-year period at €5,811 million, thanks to major projects in the construction business and the strong growth of our services activities. The order backlog increased by 25% to €10,141 million.

EBITA for the first half of 2007 doubled to €78 million (H1 2006: €38 million). The net interest result was minus €1 million (H1 2006: income of €3 million). Earnings before taxes increased to €71 million (H1 2006: €39 million). Net profit amounted to €41 million (H1 2006: €21 million).

In financial year 2007, Bilfinger Berger anticipates an increase in output volume to €8.9 billion.

Photo: Bilfinger Berger



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