Key information: Adjusted EBITA and adjusted net profit from continuing operations improved compared to previous year. Adjusted EBITA improves to €21m despite a significant decline in volume. Order backlog declined by 19% in total (organically -15%). Over the 9m period, Bilfinger has burnt close to €250m of cash.Power division: orders received decreased by 30%. Power division: order backlog decreased by 40% (organically -37%). Power division: EBITA of -€1m, bu
10 Nov 2016
BILL(finger): unsound 9m performance, messy conference call, higher restructuring BILL(finger)
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BILL(finger): unsound 9m performance, messy conference call, higher restructuring BILL(finger)
Bilfinger SE (GBF:WBO) | 0 0 (-0.4%) | Mkt Cap: 1,613m
- Published:
10 Nov 2016 -
Author:
Felix Brunotte -
Pages:
3
Key information: Adjusted EBITA and adjusted net profit from continuing operations improved compared to previous year. Adjusted EBITA improves to €21m despite a significant decline in volume. Order backlog declined by 19% in total (organically -15%). Over the 9m period, Bilfinger has burnt close to €250m of cash.Power division: orders received decreased by 30%. Power division: order backlog decreased by 40% (organically -37%). Power division: EBITA of -€1m, bu