Key Figures
Press Releases 2005 November 14, 2005
Interim Report Q3 2005
- Growth in business volume
- Significant increase in nine-month earnings
- Net profit for full-year 2005 will surpass prior-year result
Bilfinger Berger once again expanded its business volume in the first nine months of the year 2005. Growth in all business segments was accompanied by a significant increase in earnings.
Output volume, orders received and order backlog all posted double-digit growth rates compared with the same period of the prior year. Output volume increased by 17% to €5,287 million, while orders received rose by a strong 27% to €5,873 million. The order backlog of €7,124 million at the end of September surpassed the mark of seven billion euros for the first time in Bilfinger Berger's history.
Operating profit (EBITA) increased significantly in the first nine months of this year to €50 million (Jan.-Sept. 2004: €25 million), largely due to significant increases in earnings by the Civil and Services segments. As already reported, however, this growth was partially offset by substantial charges from the building construction business in Australia, which were booked in the third quarter of 2005. In spite of this, earnings before taxes still increased to €43 million (Jan.-Sept. 2004: €27 million). Net profit after taxes and minority interests for the first nine months of the year rose to €23 million (Jan.-Sept. 2004: €14 million).
The Bilfinger Berger Groups output volume is likely to exceed €6.9 billion in full-year 2005. Due to a significant increase in the Civil and Services business segments, a corresponding rise in EBITA compared with the prior year is anticipated. Despite the charges from the building construction business in Australia, Bilfinger Berger anticipates a net profit of between €65 million and €70 million (2004: €51 million).
