Market Overview

Hochtief Posts 9-Month Net Profit

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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.

Posted-In: profitEarnings News

 

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