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| Strabag increases revenue and EBITDA in the first half of 2009 Austrian construction conglomerate Strabag SE grew its output volume to € 5,611.26 million in the first six months of 2009, a plus of 6 % compared to the same period the year before. The second quarter brought growth of 1 % to € 3,420.93 million. While significant output growth could be recorded in Germany – mainly due to the previous year's enterprise acquisitions in the Transportation Infrastructures and Special Divisions & Concession segments – as well as in Poland and Hungary, there were declines in Austria, the Czech Republic, Italy and Romania. The consolidated group revenue for the first six months of the 2009 financial year amounted to € 5,347.33 million, compared to € 4,777.41 million in the same period last year (+12 %). The rise is due largely to the previous year's acquisitions. Group revenue in the second quarter of 2009 stood at € 3,264.99 million, up 8 % compared with the second quarter of 2008. write your comments about the article :: © 2009 Construction News :: home page |