BERLIN (dpa-AFX) - HOCHTIEF AG (HOCFF.PK) reported that its January to September 2015 operational net profit, adjusted for one-off items, went up 45% to EUR 190 million from EUR 131 million in the year-ago period. Operational net profit in the third quarter grew to EUR 61 million, versus EUR 36 million in the previous year period.
Nominal net profit in the 9-month period totaled EUR 151 million, representing a year on year increase of about 50%, after adjusting last year's EUR 155 million by the EUR 55 million impact of divestments at CIMIC to EUR 100 million.
Sales for the 9-month period grew by 0.6% to EUR 16.1 billion and work done increased by 4.1% to EUR 18.3 billion. New orders for period came to EUR 16.8 billion, an increase of 8%. At the end of September, HOCHTIEF had a solid order backlog of EUR 35 billion.
HOCHTIEF also confirmed its guidance for the full year and stated that it is right on track to attain its targets for 2015. HOCHTIEF still expects 2015 operational net profit of EUR 220 million to EUR 260 million, representing an increase of 15% to 35% year on year.
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