HOCHTIEF Interim Report January to September 2014

  • Strong turnaround in cash flow from operations
    • Cash inflow of EUR 71m, 9M 2014 compares with EUR 222m outflow
    • Free operational cash inflow in Q3, EUR 265m vs EUR 80m outflow
    • Net debt reduced by over EUR 330m during Q3
  • Operational net profit shows a 36% increase to EUR 186m
    • Q3: Increase by 12% to EUR 64m
    • EBT EUR 476m up 17%
  • Order book stable YTD at over EUR 39bn
    • Comparable growth of over 25% in new orders at Europe and Americas
    • Leighton new orders in Q3 show solid advance on first two quarters
  • Guidance for 2014 reaffirmed