BERLIN (dpa-AFX) - German Industrial services provider Bilfinger (BFLBY.PK) posted net profit of 19 million euros in the second quarter up from 13 million euros in the previous year.
Quarterly EBITA climbed to 32 million euros from 21 million euros last year.
Group revenue increased organically 9% year-over-year to 1.08 billion euros. Orders received grew organically by 4 percent to reach 1.11 billion euros in the second quarter, with all segments contributing to the solid level.
The company confirmed significant increase in 2022 revenue and EBITA outlook.
The company still anticipates a significant increase in 2022 revenue compared to 3.74 billion euros reported in 2021.
The company still projects significant increase in 2022 EBITA outlook compared to 121 million euros in 2021.
Despite the improved EBITA, annual net profit is expected to be significantly lower than in the prior year's 130 million euros.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Copyright(c) 2022 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX