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| Hill International reports record FY 2008 financial results Hill International, the global leader in managing construction risk, announced record financial results for the fiscal year ended December 31, 2008. Total revenue for fiscal year 2008 grew to $380.5 million, an increase of 31.1% over 2007. Operating profit for the year improved to $22.2 million, an increase of 26.0% over 2007. Net earnings for 2008 grew 24.8% to $17.7 million (or $0.43 per diluted share based on 41.1 million diluted shares outstanding) from $14.1 million (or $0.45 per diluted share based on 31.4 million diluted shares outstanding) for the prior year. The company's total backlog at the end of 2008 increased to $667 million during the year, up 60.3% from the end of 2007. Twelve-month backlog at the end of 2008 increased to $269 million during the year, up 37.2% from the end of 2007. write your comments about the article :: © 2009 Construction News :: home page |