BERLIN (dpa-AFX) - German construction major Hochtief AG (HOCFF.PK) Friday
said its net profit for the first half rose 7 percent to 108 million euros, as
the Group's all three divisions-Americas, Asia Pacific, and Europe - contributed
BERLIN (dpa-AFX) - German construction major Hochtief AG (HOCFF.PK) Tuesday
reported higher profit for the nine-month period, while sales and new orders
declined. The company maintained its operational net profit outlook for full
German company Hochtief AG (OTC: HOCFY) posted a net profit during the first nine months of the year.
Hochtief's posted a net profit of 92 million euro ($118 million), versus a year-ago net loss of EUR57 million.
Its sales rose around 18%...
Private equity investors and promoters of Coastal Projects, a Hyderabad based construction services firm, are in discussions with German giant Hochtief AG to sell a majority stake, said three separate sources familiar with the process. The...
Hochtief AG (OTC: HOCFY) reported an 81% rise in its Q3 net income.
Hochtief's quarterly consolidated profit surged to 98.7 million euros ($135.8 million), versus €54.6 million, in the year-ago quarter.
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Hochtief AG, Germany’s largest publicly traded builder, said pretax profit may fall 50 percent this year after its Australian unit predicted a loss and said it would sell stock. Hochtief shares fell the most in two years.
German construction group Hochtief AG said Thursday that it expects "significant adverse effects" on its 2011 performance forecasts after its Australian subsidiary Leighton Holdings asked for its shares to be halted while it reviews its earnings...
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