Bilfinger : Q1 results beat forecasts
>Sales and EBITDA beat consensus forecasts by 7% and 6% - Bilfinger reported Q1 sales up 10% (with +12% l-f-l), beating expectations (+3%e for the consensus). Growth was driven by all divisions which remain dynamic and benefited from mild weather over the quarter. E&M Europe at +8% (vs +3%e), Technologies at +44% (vs +9%e) and the Engineering & Maintenance International division at +8% (vs -2%e). Beating forecasts, EBITA was up +148% on a reported basis and +163%...Bilfinger SE is a holding company. Through its subsidiaries, Co. develops, builds, maintains and operates facilities and structures for infrastructure, real estate, industry and the energy sector. Co.'s business segments include: Industrial, which is comprised of Industrial Maintenance; Insulation, Scaffolding and Painting; Oil and Gas; Industrial Fabrication and Installation; Engineering, Automation and Control; and Support Services; Power, which is comprised of Power Systems, and Piping Systems; Building and Facility, which is comprised of Building, Facility Services, Real Estate, and Water Technologies; and Construction, which is comprised of Construction, and Infrastructure.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.