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| Bilfinger Berger announces Q2 2006 interim results In the first half of 2006, Bilfinger Berger, a large construction company based in Mannheim, Germany, significantly increased its output volume, orders received, order backlog and operating profit before exceptional items. The group's first-half output volume increased by 9% to €3, 636 million. Orders received of €4, 675 million were 26% higher than in the first half of last year, and the order backlog rose by 17% to €8, 109 million, surpassing the €8 billion mark for the first time. Operating profit before exceptional items (EBITA) increased to €38 million for the first half (H1 2005: €28 million); interest income improved to €5 million (H1 2005: €3 million). Earnings before taxes reached €39 million (H1 2005: €29 million). Net profit for the first half increased to €21 million (H1 2005: €16 million). The adjustment in the concessions portfolio led to first-half EBITA falling to minus €15 million. The net result for the first half of the year fell to minus €36 million. For full-year 2006, Bilfinger Berger plans to achieve a total output volume of more than €7.5 billion. write your comments about the article :: © 2006 Construction News :: home page |