Brief: CFE 9 Month Revenue Up At 2.75 Billion Euros

Compagnie dentreprises CFE SA

23/11/2018 06:30

Nov 23 (Reuters) - AANNEMINGSMAATSCHAPPIJ CFE NV  CFEB.BR :
    * 9M REVENUE EUR 2.75 BILLION VERSUS EUR 2.25 BILLION YEAR
AGO
    * 9M ORDER BOOK : € 4,069.0 MILLION
    * 9M NET FINANCIAL DEBT : € 646.2 MILLION
    * PROJECTS A SUBSTANTIAL INCREASE IN REVENUE FOR BOTH DEME
AND
CONTRACTING IN 2018
    * AT DEME, THE EBITDA MARGIN EXPRESSED AS A PERCENTAGE OF
REVENUE
IS EXPECTED TO STAY WITHIN THE HISTORICAL AVERAGE RANGE (BETWEEN
16% AND 20%).
    * IN CONTRACTING, THE OPERATING RESULT WILL REMAIN BELOW
THAT OF
THE PREVIOUS YEAR OWING TO ADDITIONAL LOSSES IN TUNISIA AND THE
INFLATIONARY PRESSURE OF THE PRICES OF MATERIALS AND
SUBCONTRACTORS.
    * BPI HAS REALIZED MOST OF ITS RESULT DURING THE FIRST HALF
OF
2018.

Source text: https://bit.ly/2DCPxGm
Further company coverage:  CFEB.BR 

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