Earnings Release • Jul 25, 2012
Earnings Release
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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.
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 [email protected]
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: [email protected] sector: Construction & Property ISIN: AT000000STR1, AT0000A05HY9 indexes: WBI, ATX Prime, ATX, SATX stockmarkets: official market: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service
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