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| BoD of Impregilo approves half-year results at 30 June 2011 Italian construction giant Impregilo said its Board of Directors examined and approved the Half-Year Financial Report at 30 June 2011. The Impregilo Group closed the first half of 2011 with positive earnings figures. The results reflect the Group's solidity and competitiveness, and confirm the significant commercial progress reported in the USA, Romania and Italy, notably in the Construction sector. In this business, the geographical and production diversification successfully pursued by Impregilo has enabled the Group to maintain positive profit margins. Key consolidated results at 30 June 2011 · Total net sales: 1,004.0 million euro (2010:1,003.6 million euro) · EBIT: 85.0 million euro (98.1 million euro) · RoS: 8.5% (9.8%) · Net profit: 39.0 million euro (60.4 million euro, when non-recurring income of approximately 43.0 million euro arose on the partial sale of the Brazilian subsidiary Elog) · Net debt: 559.3 million euro (313.4 million euro) · Debt/equity: 0.49 · Group aggregate backlog: 22.7 billion euro. write your comments about the article :: © 2011 Construction News :: home page |