With an order book of 8.7 billion euros after the first three quarters of 2023, PORR looks positively to the future. The expansion of European infrastructure, which has been accelerated by the energy transition, ensures full order books for the construction company.
At PORR this is also reflected in the improved profit before tax (EBT) of EUR 68 million.
Production increased by 6.1 percent to 4,801 million euros and turnover increased by 7.5 percent. Order intake grew by no less than 14.7 percent to a total of 5,298 million euros. The largest new orders came from the construction of infrastructure.
According to the press release, growth was mainly in the construction sector in Poland, but also in the fields of railways and civil engineering in Austria, infrastructure in Poland and civil engineering in Romania.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
