Update: 09/14/2016 Ad hoc Maschinenboerse PORR Group German English PORR Austria Investor Relations Services Federal states Projects Career Press Welcome to PORR Austria Press News detail Press News Awards & initiatives Download Events Publications Press contact 08/29/2016 H1 / 2016: PORR - better result and record order backlog Smart growth leads to better performance and results Order backlog again reached a record level of EUR 5,481 million (+13.5%) Incoming orders rose by 13.0% to EUR 2,564 million Production output of EUR 1,663 million, up 11.1% on the previous year EBT increased by 25.1% to EUR 21.4 million Vienna, August 30, 2016 - PORR presents a positive interim balance for the first half of the year: PORR's production output increased by 11.1% and, at EUR 1,663 million, was once again above the comparable value of the previous year. The largest contribution comes from Business Unit 1 - Austria, Switzerland and the Czech Republic, at EUR 887 million. As expected, the EBT grew by 25.1% and reached EUR 21.4 million. In the first half of the year, the result for the period was EUR 16.3 million, 50.2% higher than the previous year's figure. At the same time, PORR recorded a high increase in incoming orders and order backlog in the reporting period. As of June 30, 2016, the order backlog rose by 13.5% year-on-year to EUR 5,481 million. Incoming orders increased by EUR 13.0% to EUR 2,564 million and were thus well above the work done in the reporting period. “We have remained true to our strategy of intelligent growth with a focus on home markets with good credit ratings. The high performance growth in the first half of 2016 in precisely these markets confirms our successful course. At the same time, our significantly improved cost structure and our consistent process optimization led to significant earnings growth. This development and our current order situation make us positive for the year as a whole - and with the order books full, we are already very well positioned for the coming years, ”explains Karl-Heinz Strauss, CEO of PORR AG. The largest incoming orders since the beginning of the year include the Bratislava bypass and the Al Wakrah Stadium for the Qatar 2022 World Cup in Doha. Other major orders included the Europaallee / Baufeld F office building in Zurich, the S6 Koszalin – Sianow in Poland and the Zalando Campus, another important building project in Berlin. The S8 extension Poręba – Ostrow in Poland, the “Business Garden Bucharest” project and the Triester Straße 40 residential complex in Vienna all contributed significantly to the increase in incoming orders. Positive outlook for 2016 The course of business in the first half of 2016 confirms the positive outlook for the full year. All home markets show a strong increase in output, plus the satisfactory development in Qatar, the promising expansion into the new markets of Norway and the UK and the planned reduction in activities in the CEE / SEE region. Internally, this development is supported by the “Roadmap 2020”, a strategy for digitizing construction sites and work processes. Against this background, the Management Board expects a further increase in performance and earnings for the current 2016 financial year. The 2016 half-year financial report is available for download on the website. If you have any questions, please contact: Karl-Heinz Strauss CEO PORR AG T. +43 (0) 50 626-1001 M. +43 (0) 664 626-1001 comms porr-group.com Christian B. Maier CFO PORR AG T. +43 (0) 50 626-1009 M. +43 (0) 664 626-1009 comms porr-group.com Sandra C. Bauer Head of Corporate Communications | Group spokesperson PORR AG T. +43 (0) 50 626-3338 M. +43 (0) 664 626-3338 sandra.bauer porr.at Press release (139 KB) Back to news Press contact We will gladly answer your questions. Please contact the PORR press office directly. »More PORR AG | Absberggasse 47 , A-1100 Vienna | +43 (0) 50 626-0 Home imprint Left Sitemap To press