Bilfinger rises on Q2 EBITA beat

Bilfinger SE

14/08/2023 08:11

** Bilfinger  GBFG.DE  shares rise 4.1% following the German
industrial services provider's Q2 results, beating consensus on
an EBITA level
    ** Bilfinger reached Q2 EBITA of 43 million euros  ($47.03
million), above consensus of 37.6 million euros, according to
Vara research
    ** "EBITA beat might act positive first, but book-to-bill
below one might counteract", a local trader says
    ** Bilfinger's stock is amidst the best performers of
Germany's small caps index  .SDAXI  


($1 = 0.9142 euros)

 (Reporting by Tristan Veyet)
 ((Tristan.chabba@thomsonreuters.com))