Key Figures
Press Releases 2008 March 17, 2008
Annual Press Conference 2008:
- Output volume and orders received at record levels
- Earnings exceed expectations
- Value added further increased
Bilfinger Berger improved its performance once again in financial year 2007 and achieved new record results. "Our earnings again increased at a higher rate than our output volume – for the third time in succession", said Herbert Bodner, Chairman of the Executive Board at Bilfinger Berger during the Company's Annual Press Conference on March 17, 2008 in Mannheim.
The Group's output volume increased by 16% to €9,222 million. The share of output volume generated in international markets was 67%, the domestic construction business contributed 16% to the total while the share accounted for by the services business in Germany was 17%. Orders received and order backlog both rose significantly compared to the prior year figures.
EBITA increased by 34% to €242 million and net profit was up by 46% to €134 million. Return on capital employed rose from 16.3% to 18.7%. This led to an increased value added of €126 million. Positive earnings and an exceptional level of advance payments led to an unusual increase in cash flow from operating activities to €325 million.
"We are well prepared for the tasks that lie ahead of us, both in terms of personnel and finances", explained Herbert Bodner. " We want to grow further, both organically and through acquisitions, and we want to continue to invest in concession projects." In the construction business, strong demand allows for careful order selection and thereby supports the planned increase in profitability.
In the current year, Bilfinger Berger plans growth in output volume and another increase in EBITA and net profit.
| Key figures for the Group |
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| xxx | 2007 in € million | 2006 in € million | in % |
| Output volume | 9,222 | 7,936 | + 16 |
| Orders received | 11,275 | 10,000 | + 13 |
| Order backlog | 10,759 | 8,747 | + 23 |
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| EBITA | 242 | 180 | + 34 |
| Net profit | 134 | 92 | + 46 |
| Earnings per share (in €) | 3.60 | 2.48 | + 45 |
| Dividend (in €) | 1.80 | 1.25 | + 44 |
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| Cash flow from operating activities | 325 | 207 | + 57 |
| Return on capital employed (ROCE) (in %) | 18.7 | 16.3 | - |
| Value added | 126 | 80 | + 58 |
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| Cash and cash equivalents | 796 | 783 | + 2 |
| Liabilities to banks* | 111 | 139 | - 20 |
| Equity ratio (in %) | 21 | 24 | - |
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| xxx |
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| Employees (number) | 52,723 | 49,141 | + 7 |
* not including project-related non-recourse debt
Annual Report 2007 online
Speech by Herbert Bodner, Chairman of the Executive Board
Presentation press conference on financial statements (German)
Presentation investors’ and analysts’ conference call
Press Photos
