Share

Impregilo, profit halved in 9 months

Last year, however, the company had benefited from extraordinary items – Net debt, on the other hand, almost doubled, going from 313,4 to 596 million.

Impregilo, profit halved in 9 months

Between January and September Impregilo realized net profits of 58,7 million euros, down sharply from the 114,1 million recorded in the same period last year. However, the first Italian general contractor in 2010 had benefited from extraordinary items which had inflated the final accounts.

I the company's revenues amounted to 1.518,1 million, substantially stable compared to 1.511,6 million last year. The operating profit stands at 122,5 million (181,2 million last year). L'consolidated net debt is 596 million, an increase compared to the 313,4 million registered on 31 December 2010.

The group's overall portfolio at the end of the period amounted to 22 billion, of which 9,6 billion in the Construction and Plant sectors and 12,4 billion relating to the whole-life portfolio of the Concessions sector.

Today in Piazza Affari, the Impregilo share lost 5,47%.  

comments