SALZBURG The Austrian ALPINE Construction Company achieved satisfactory results during the first half of 2012 thanks to its new strategic focus on the core markets Austria, Germany and the Czech Republic in a difficult market environment. Revenue from construction services increased again, i.e. from 4.3% to 1.588 billion euros (2011: 1.522 billion). The earnings before tax (EBT) rose to a positive 0.6 million euros in the first half of 2012.
The first steps in the comprehensive ALPINE 2015 program focusing on “margin before sales” have taken effect. Over 60 % of the revenue from construction services is currently generated in the strong core markets Austria and Germany. The improved result in Western and Central Europe caused by implementing the strategic parameters of the ALPINE 2015 program for the future compensated for the downturn in the southern European markets seriously affected by the economic crisis.
Earnings before interest and tax (EBIT) increased from 6.3 million to 23.1 million euros during the first half of 2012, earnings before tax (EBT) were reversed from a loss in the previous year to a profit of 0.6 million euros.
Sales developed favorably in the business sectors structural engineering and power plant construction (+ 9.7% to EUR 598 million) and in communications and energy (+6.3% to EUR 197 million). A slight downturn (- 0.7% to EUR 728 million) was registered in the civil engineering sector, experienced throughout Europe due to the scarcity of government funds.
The order level of more than 3 billion euros continues to be satisfactory (2011: 3.3 billion euros). The company had an average of 15,245 employees in the first half of 2012, of which approx. 7,000 are employed in Austria.
ALPINE – an Austrian construction company, a global player
The Austrian ALPINE Construction Company is a member of the FCC Group and has built roads, motorways, power plants, stadiums, railways and subways, bridges, residential, commercial and industrial buildings around the world. Together with its subsidiary, ALPINE-ENERGIE, it promotes the construction and development of sustainable, alternative energies and energy networks. The revenue from construction services was over 3.6 billion euros in 2011.The FCC Group with its head office in Madrid operates in the public services, environmental services, infrastructure and renewable energies sector on an international scale. FCC has over 90,000 employees in more than 50 countries, generating sales of approx. 12 billion euros last year.