All Financial results Articles

Profits up +3% for Bouygues
Following its mid August sales report, Bouygues has released its first half earnings presentation.
Strabag records strong first half
Strabag recorded sales of € 4,7 billion in the first half of 2008, an increase of +18% on the € 4 billion recorded during the first half last year.
Bam revenues up +10% in H1 08
Bam reported first half sales of € 4,2 billion, up +10% on the same period in 2007. Pre-tax profit mirrored sales as it also climbed +10% from € 119 million in the first half of 2007 to € 131 million in 2008.
CRH reports profit fall in first half
CRH recorded 2008 first half sales of € 9,7 billion, almost mirroring the same period of last year. However, with higher commodity prices and a weak dollar to euro exchange rate, the company reported a pre-tax profit of € 606 million, down -10% on the comparable 2007 period.
Real estate division saps NCC profit
NCC's operating profit for the first half of the year was down -10% compared to the same period last year, to SEK 1138 million (€ 121 million). Its revenues were almost unchanged at SEK 27 billion (€ 2,88 billion).
Holcim reports drop in first half sales
Holcim recorded first half sales of CHF 12,4 billion (€ 7,68 billion), down -4,4% on the same period in 2007.
Heijmans results “poor”
Heijmans has described its financial results for the first half of the year as "poor." Its revenues were up just +2% compared to the first six months of 2007, to € 1,72 million, and its post-tax profit fell from € 19 million last year to just € 2 million for the first half of 2008.
Positive first half year results for Deutz Group
The Deutz Group has significantly increased its revenue and sales figures in the first six months of 2008 compared with the same period last year, a statement from the company said.
Hochtief pre-tax profit up +61%
Hochtief reported healthy first half results for 2008 (IHY08) with revenue up +14,7% on 2007 first half figures from € 7,9 billion to € 9 billion. Pre-tax profit rose +61% on like-for-like periods from € 182 million to € 292 million.
Balfour Beatty revenues and profit up in 1st half
Balfour Beatty has reported continued growth in the first half of 2008 with sales up +28% on the same period in 2007 to UK£ 4,3 billion (€ 5,5 billion). Pre-tax profit also increased +25% to UK£ 95 million (€ 120 million).
Bilfinger Berger first half sales rise +13%
Germany's Bilfinger Berger reported a +13% increase in first half (1HY08) sales on the same period last year to € 4,9 billion (€ 4,3 billion).
Bouygues reports first half sales increase
France's Bouygues has recorded first half (1HY08) sales of € 15,3 billion, up +15% on the same period in 2007.
Eiffage results reflect positive first six months
Eiffage reported sales of € 6,5 billion for the first half of 2008, a year-on-year increase of +11,6%. Second quarter sales reflected a +12,6% increase on the same period in 2007.
Italcementi reports slowdown in sales
Italcementi recorded first half sales of € 2,8 billion, down -4,5% on the corresponding period of 2007. The downturn in sales reflected heavily in the group’s net profit, which fell to € 221 million, a -29,3% drop on the same period one year ago.
Lafarge reports positive half year sales
Lafarge recorded first-half sales of € 9,07 billion, up +8% on the same period in 2007. Increased sales were matched by an improved operating income of € 1,61 billion, an +18% increase on the comparable period one year ago. The company also reported a strong improvement in its 2008 first half operating margin to +17,8% from +16,2% in the first six months of 2007.
Heads roll after Heijmans warning
Heijmans' executive chairman, Guus Hoefsloot has announced his resignation following a profits warning. Van Herk Groep, which controls some 10% of voting rights in the Dutch contract has also called for the resignation of the Supervisory Board's chairman Joep Brentjens.
Record year for Komatsu
Komatsu had sales of JPY 2243 billion (US$ 22.4 billion) for the fiscal year ending 31 March, a +18,5% increase on the previous fiscal year. Net profits were up +26.8% to JPY 209 million (US$ 2.09 billion). The company's construction equipment sales were up +21% to JPY 1898 billion (US$ 19 billion).
Volvo sales grow on good markets
Volvo Construction Equipment’s sales were SEK 15.1 billion (US$ 2.53 billion) for the first quarter of the year, a +38% increase on the same period in 2007. The division made an operating profit of SEK 1.3 billion (US$ 218 million) over the quarter – up +38% on the first quarter of 2007. The company’s operating margin stayed at 8.6%.
Construction drives Vinci's growth
Vinci’s revenues rose +16,8% last year, compared to 2006 to a total of € 30,4 billion. The company says revenues grew more steeply outside France last year, with a +21,4% rise to € 10,7 billion. This was largely due to a string of acquisitions, including the purchase of Soletanche Bachy, Entrepose Contracting and Nukem by its Construction division.
Record orders for Bilfinger Berger
Bilfinger Berger saw its net profit rise +46% in 2007 to € 134 million. Revenues were up +16% to € 9,22 billion – a new record for the company. Bilfinger Berger also says that its order book is the strongest it has ever been. Over the course of last year it received € 11,3 billion of orders - +13% more than 2006, driving its backlog to € 10,8 billion, +23% higher than it was at the end of 2006.
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