Monday, August 14, 2017

Bilfinger Q2 Net Loss Narrows, Adjusted EBITA Slips To Loss; Confirms FY17 View

German engineering group Bilfinger SE reported Monday a narrower net loss in its second quarter. Adjusted EBITA, a key earnings metric, meanwhile, slipped in to a loss from last year's profit hurt by provisions for projects in the USA and weak output volume. Orders also were lower. Further, the company maintained its fiscal 2017 forecast for orders and output volume.

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