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Hochtief with strong FY 2017 results, robust order book and a solid Tender Pipeline

  • FY 2017: EUR 421 million nominal net profit (+31% year on year)
  • Sales up 14% accompanied by strong cash flow
  • EUR 30.4 billion new orders (+23%)
  • Hochtief is well positioned in attractive and growing markets
    • Strong tender pipeline in our core markets USA, Canada, Asia-Pacific and Europe of close to EUR 500 billion in project work for 2018 and beyond
  • Guidance for 2018 confirmed: Operational net profit of EUR 470–520 million (+4% to 15%)
  • Annual General Meeting in Essen to vote on 30% dividend increase to EUR 3.38 per share
  • Next transformation of the Group is focused on using digital environments
    • Innovation centers planned in North America, Australia and Europe
    • Close cooperation with leading universities
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Salini Impregilo with Lane wins Contract in South Carolina

Salini Impregilo’s U.S. subsidiary, The Lane Construction Corporation, has won a $181-million design-and-build contract to widen Interstate 85 (I-85) in Cherokee County, South Carolina, confirming their leadership in the road and highway sector in the United States where Lane registered a 16.1% rise in revenues and a record order backlog of €3 billion in 2017.

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A Decade of Bauer in Panama: “Latin America is a growing market”

 

Bauer Spezialtiefbau GmbH has significantly shaped the development and advancement of specialist foundation engineering and is a reliable partner undertaking excavations, foundations, cut-off walls and ground improvement all over the world. In order to be able to react optimally to the particularities and demands of the respective foreign market, there are meanwhile over 40 subsidiaries providing Bauer's specialist foundation engineering expertise and technical knowledge all over the globe, allowing Bauer to look back on over a decade of success in Latin America.

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Specialist Foundation Engineering for Egypt’s Infrastructure

 

The story of Bauer Egypt S.A.E., the third oldest overseas subsidiary of Bauer Spezialtiefbau GmbH, is a true success story. The company has been involved in the construction of numerous bridges on the Nile, the first-ever bridge over the Suez Canal and several barrages. The subsidiary’s long list of past and present projects also includes many inner-city specialist foundation engineering projects – often in Cairo, where the company with its almost 1,500 employees has its headquarters.

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Sika invests in Membrane Production in Russia

Sika is expanding its product portfolio in Russia with the commissioning of a new production line for PVC membranes at its factory in Lobnya, near Moscow. It will now also manufacture high-performance thermoplastic membranes for waterproofing structures at this location, resulting in significant cost savings and competitive advantages.

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Reports of the Death of Coal exaggerated

Statement by QRC Chief Executive Ian Macfarlane

As the Mark Twain saying goes: Reports of my death are greatly exaggerated. And so have been the green activist reports of the death of coal, and more broadly, the resources sector. Today, it is pleasing to see the Premier Annastacia Palaszczuk and Minister for Natural Resources and Mines, Dr Anthony Lynham, have thrown their support behind the resurgence of Queensland’s mighty resources sector.

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SSAB entering new North African Markets

SSAB has recently opened an office in Egypt and is working on establishing one in Algeria. Both countries offer great potential for new business opportunities, and the start in Egypt has been very good. There are also plans related to Western and Central Africa.

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Salini Impregilo is 2nd amongst the preferred Companies for Science & Technology Graduates in Italy

For the second year in a row, Salini Impregilo ranks as one of the most attractive company on the market among the “Best Employer of Choice”, reaching the 2nd position in the list of Italian preferred workplaces for graduates holding a degree in Science & Technology and the 4th position in the global ranking. The awards ceremony was held on the IULM (International University of Languages and Media) campus in Milan on February 16.

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