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| STRABAG SE expects continued solid business in 2014 The publicly listed European construction company STRABAG SE announced its first figures for the 2013 financial year. "Against the backdrop of the difficult underlying conditions in the European construction sector, we are satisfied with the output volume of € 13.6 billion in 2013. At the end of April, when we announce the results for the 2013 financial year, we still want to report an EBIT of at least € 260 million, which would give us a plus of at least 25 % over the previous year. The order backlog of € 13.5 billion as at year's end covers nearly the output volume of one year. We started the current year on a solid foundation with a great number of new building construction projects in Germany, and as a result we expect the values for the output volume and earnings in 2014 to be comparable to those from 2013, " says Thomas Birtel, CEO of STRABAG SE. write your comments about the article :: © 2014 Construction News :: home page |