All Stories
Follow
Subscribe to STRABAG SE

STRABAG SE

EANS-Adhoc: STRABAG SE
EBIT of EUR 300 million will not be achievable

--------------------------------------------------------------------------------
  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
--------------------------------------------------------------------------------
25.07.2012

Based on new information, the Management Board of the publicly listed
construction company STRABAG SE expects that the earnings before interest and
taxes (EBIT) target of EUR 300 million, which had been indicated as being "more
than ambitious", could be reached only by about two thirds.

Reasons are, among others: the delays of public authorities in Central and
Eastern Europe in dealing with claims, especially in Poland, the cautious
valuation of some construction projects and the ruinous price war in the raw
materials business.


Further inquiry note:
STRABAG SE
Diana Klein, CFA
Head of Corporate Communications
Tel:   +43 1 22422-1116
 
diana.klein@strabag.com

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


issuer:      STRABAG SE
             Donau-City-Straße  9
             A-1220 Wien
phone:       +43 1 22422 -0
FAX:         +43 1 22422 - 1177
mail:     www.strabag.com
WWW:          investor.relations@strabag.com
sector:      Construction & Property
ISIN:        AT000000STR1, AT0000A05HY9
indexes:     WBI, ATX Prime, ATX, SATX
stockmarkets: official market: Wien 
language:   English

Original content of: STRABAG SE, transmitted by news aktuell

More stories: STRABAG SE
More stories: STRABAG SE
  • 06.07.2012 – 09:44

    EANS-News: STRABAG SE / share buy-back

    company: STRABAG SE Donau-City-Straße 9 A-1220 Wien phone: +43 1 22422 -0 FAX: +43 1 22422 - 1177 mail: www.strabag.com WWW: investor.relations@strabag.com sector: Construction & Property ISIN: AT000000STR1, AT0000A05HY9 indexes: WBI, ATX Prime, ATX, SATX stockmarkets: official market: Wien language: English ...

  • 15.06.2012 – 14:34

    EANS-General Meeting: STRABAG SE / Resolutions of the General Meeting

    issuer: STRABAG SE Donau-City-Straße 9 A-1220 Wien phone: +43 1 22422 -0 FAX: +43 1 22422 - 1177 mail: www.strabag.com WWW: investor.relations@strabag.com sector: Construction & Property ISIN: AT000000STR1, AT0000A05HY9 indexes: WBI, ATX Prime, ATX, SATX stockmarkets: official market: Wien language: English ...