Bilfinger rises after adj. EBITA jumps nearly sevenfold
10/02/2022 10:28
** Bilfinger GBFG.DE shares are up 6.59% after the German
construction and engineering group's FY adjusted EBITDA jumped
nearly sevenfold urn:newsml:reuters.com:*:nFWN2UK1KP
** Bilfinger reported adjusted EBITA of EUR 137 mln compared
to EUR 20 mln a year before and said it expects a significant
growth in revenue, EBITA margin with further operational
improvement this year
** "Bilfinger reported FY21 sales touch below but even than
managed to beat adj. EBITA expectations," a local trader said
** Bilfinger is among the top gainers of German smallcaps
index .SDAXI
(Reporting by Tristan Chabba)
((Tristan.chabba@thomsonreuters.com))