Key information: EBIT at €-231m versus consensus of €-138m. Adjusted EBITA at €15m versus loss of €23m in FY2015. Adjusted EBITA margin at 0.4%. Adjusted net income at -114m versus consensus of €60m. Bilfinger targets an adjusted EBITA margin of c.5% in 2020. Dividend higher than expected and share buy-back announced. Bilfinger CEO said that it expects the company to be cash positive by year end. Cash flow from operating activities
15 Feb 2017
Rebirth of the Phoenix? Compelling new strategy but 2020 targets look ambitious
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Rebirth of the Phoenix? Compelling new strategy but 2020 targets look ambitious
Bilfinger SE (GBF:WBO) | 0 0 (-0.4%) | Mkt Cap: 1,613m
- Published:
15 Feb 2017 -
Author:
Felix Brunotte -
Pages:
4
Key information: EBIT at €-231m versus consensus of €-138m. Adjusted EBITA at €15m versus loss of €23m in FY2015. Adjusted EBITA margin at 0.4%. Adjusted net income at -114m versus consensus of €60m. Bilfinger targets an adjusted EBITA margin of c.5% in 2020. Dividend higher than expected and share buy-back announced. Bilfinger CEO said that it expects the company to be cash positive by year end. Cash flow from operating activities