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21st Austria weekly - CA Immo, Porr, S Immo (21/03/2024)

21st Austria weekly - CA Immo Porr S Immo 21/03/2024 [pic1]Porr: Construction group Porr achieved record earnings of EUR 130.7m in 2023. Porr’s order backlog increased by 3.0% to 8 452m while the intake rose 2.7% 6 835m a continuation positive trend previous years. The largest new orders year also came from civil engineering. While revenue 4.5% PORR was able reduce cost materials 5.8% against and successfully manage inflation-driven rise staff subcontractor costs. Based on well-filled books Executive Board expects moderate increase output for 2024 EBIT despite volatile environment.Porr: performance: 5.03%CA Immo: Real

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