sector: Industrials ·
industry: Engineering & Construction ·
As of
25 Nov 2009
55.93EUR
HOCHTIEF AG is a global construction group based in Germany. The Company operates through six business divisions. HOCHTIEF Americas division coordinates the Company's construction and civil engineering activities in the United States, Canada and Brazil. HOCHTIEF Asia Pacific covers construction activities in Asia and Australia, where it is active mainly in building, infrastructure and contract mining projects. HOCHTIEF Europe covers the Company's European construction operations, including high-rise buildings, malls, tunnels, bridges, airports, marine ports and sports stadia. HOCHTIEF Concessions division serves as an independent airport manager, covering operational management of airports, and it designs, finances, builds and operates public building and transportation infrastructure projects. HOCHTIEF Real Estate develops, builds, markets and manages real estate across the entire property life cycle. HOCHTIEF Services provides facility and energy management solutions.
BRIEF: For the nine months ended 30 September 2009, HOCHTIEF AG's total revenue decreased less than 1% to EUR13.94B. Net profit for the period increased 43% to EUR124.3M. Total revenue reflects a slight decrease in demand for the Company's products and services in the HOCHTIEF Americas and the HOCHTIEF Services Division business segments. Net profit for the period benefited from increased gross profit margin.
HOCHTIEF AG
Opernplatz 2
Essen 45128
P: +49201.8240
F: +49201.8242777