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| Bilfinger Berger posts preliminary 1Q increase The major German multi-services group Bilfinger Berger said the output volume grew by 15% in the first quarter to reach €1,611 million. Orders received of €2,335 million were 34% above the previous year's figure. The order backlog rose by 15% to a new record level of €7,725 million. The operating result (EBITA) for the first quarter amounted to minus €3 million (Q1 2005: -€6 million). The group recorded net interest income of €3 million in the first quarter (Q1 2005: +€2 million); earnings before taxes were minus €2 million (Q1 2005: -€4 million). After the deduction of taxes and minority interest, there was a net result for the first quarter of 2006 of minus €2 million (Q1 2005: -€3 million). Bilfinger Berger plans a total output volume of more than €7.2 billion in full-year 2006. The company intends to achieve a return on capital employed in excess of 11%. write your comments about the article :: © 2006 Construction News :: home page |