After a solid first quarter 2011, Strabag, Central and Eastern Europe’s largest construction company, has raised its outlook for the financial years 2011 and 2012.
According to the new forecast, Strabag expects an output volume of €14 billion in 2011 (previous target €13.5 billion), with earnings before interest and taxes (EBIT) forecast to increase to €320 million, after €295 million had been predicted.
For 2012, the company had expected an output volume of €13.7 billion and an EBIT of €300 million, whi