Brief: Bilfinger Raises Outlook For 2024

Bilfinger SE

12/06/2024 06:00

June 12 (Reuters) - BILFINGER SE  GBFG.DE :
    * OUTLOOK 2024: INCLUDING SUCCESSFUL STORK ACQUISITION WITH
REVENUE EUR 4.8–5.2 BILLION, EBITA MARGIN 4.8–5.2 PERCENT, FREE
CASH FLOW EUR 100–140 MILLION
    * CLOSED ACQUISITION OF DUTCH INDUSTRIAL SERVICES BUSINESS
STORK; 
FURTHER ACQUISITIONS PLANNED
    * CASH FLOW OPTIMIZATION: IMPROVED EFFICIENCY IN NET TRADE
ASSETS,
WITH A NEW MID-TERM TARGET OF <8 PERCENT (IN RELATION TO
REVENUE)

Further company coverage:  GBFG.DE 

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