Hochtief Posts 9-Month Net Profit
German company Hochtief AG (OTC: HOCFY) posted a net profit during the first nine months of the year.
Hochtief's posted a net profit of 92 million euro ($118 million), versus a year-ago net loss of EUR57 million.
Its sales rose around 18% to EUR18.5 billion, while new orders climbed 38% to EUR22.3 billion.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.