Bilfinger rises on Q1 EBITA beat

Bilfinger SE

15/05/2024 08:24

** Shares of Bilfinger  GBFG.DE  rise 4.7% after the German
industrial services provider posted Q1 results with EBITA ahead
of consensus
    ** The company reported Q1 sales touch above with a solid
EBITA margin, so that EBITA came in above consensus, a local
trader says
    ** "EBITA margin might act slightly positive, but shares had
already a very good run," it adds
    ** Q1 EBITA margin almost doubled to 4% from 2.1% year ago,
Q1 EBITA came in at 43 million euros vs 22 million euros y-o-y

 (Reporting by Anastasiia Kozlova)
 ((Anastasiia.Kozlova@thomsonreuters.com))