Bilfinger Berger has presented its Interim Report Q2 2008. The highlights are:
- Very positive development in services business
- Successes in concession projects
- Earnings charge in Civil business segment
- EBITA and net profit 2008 above prior-year level
Bilfinger Berger will once again increase earnings in full-year 2008. The reported earnings charge in Civil is countered by strong growth in the earnings contribution from the Services segment.
Very positive development of the Services business segment continues to drive the Group forward. The segment continued its successful course in the first six months of the year and acquisitions provided a boost in the range of services and regional presence. After the interim balance sheet date, the Company acquired the facility-management business of M+W Zander and extended its industrial services business in the United States to the oil and gas sector with the acquisition of Tepsco. The Group has acquired services companies in a total enterprise value of approximately