Brief: Bilfinger Q3 Revenue Up At EUR 945 Mln

Bilfinger SE

11/11/2021 06:09

Nov 11 (Reuters) - BILFINGER SE  GBFG.DE :
    * Q3 ORDERS RECEIVED €917 M/+31% ORG.: STRONG INCREASE IN
ALL
SEGMENTS COMPARED WITH WEAK PRIOR-YEAR QUARTER
    * Q3 REVENUE EUR 945 M/+12% ORG.: GROWTH IN ALL SEGMENTS
    * Q3 ADJUSTED EBITA EUR 51 M/5.4% MARGIN: OPERATIONAL EBITA
IN
LINE WITH EXPECTATIONS, IN ADDITION GAINS FROM REAL ESTATE
DISPOSALS
    * Q3 REPORTED NET PROFIT EUR 41 M: SIGNIFICANTLY ABOVE PRIOR
YEAR
    * Q3 REPORTED FREE CASH FLOW EUR 73 M: GOOD CASH PERFORMANCE
BASED
ON IMPROVED NET TRADE ASSETS AGAINST Q2
    * OUTLOOK 2021 SLIGHTLY RAISED: ADJUSTED EBITA MARGIN TO
EXCEED
2019 PRE-CRISIS LEVEL AND SLIGHTLY SURPASS 3 PERCENT
    * OUTLOOK 2021: FREE CASH FLOW TO BE POSITIVE BUT BELOW
PRIOR-YEAR
LEVEL (2020: EUR 93 MILLION), DESPITE A SUBSTANTIAL IMPROVEMENT
IN EBITA

Source text for Eikon:  ID: 
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