PORR AG: First quarter meets expectations
(World News Austria)

Output of EUR 1,017m marks another significant rise Improvement in EBT margin; negative due to seasonality Continued to record high in the order backlog of EUR 6,700m Positive effects in operating cash flow Outlook for 2018 confirmed Vienna, 28 May 2018 - PORR AG has had a good start to the business year 2018, with both output and orders setting new records once again. Production output of around EUR 1.0bn experienced a significant increase of 32.4%. The order backlog underwent a similarly strong rise to EUR 6.7bn. Despite the seasonally negative EBT of EUR -13m, PORR managed to improve the profit-before-tax margin against the previous year`s value....