The domestic construction group Porr has been able to expand its profit in the past financial year, despite the economic crisis and boring in the construction sector as a whole. The group result increased by 14.6 percent to 108.9 million euros compared to 2023.
The company is “correctly set up” in its home markets. The PORR also benefits that it does not even achieve a tenth of their production performance in the longing residential building.
- Production performance increased by 2.6 percent to 6.7 billion euros, sales increased by 2.3 percent to 6.2 billion euros.
- The dividend must be increased from 75 to 90 cents per share.
- In the operational company there was enormous growth compared to the previous year.
- The profit before interest and taxes (EBIT) increased by 12.9 percent to EUR 158.4 million and high height EBIT-Marge was 2.6 percent.
“Performance and sales increase” probably also in 2025
The prospects at 2025 are positive. Based on the continuous high -order stock, the board is based on the information for this year of a “moderate increase in performance and sale”.
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.
