DJ EANS-Adhoc: STRABAG SE / EBIT of EUR 300 million will not be achievable

 
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide 
distribution. The issuer is solely responsible for the content of this 
announcement. 
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25.07.2012 
 
Based on new information, the Management Board of the publicly listed 
construction company STRABAG SE expects that the earnings before interest and 
taxes (EBIT) target of EUR 300 million, which had been indicated as being "more 
than ambitious", could be reached only by about two thirds. 
 
Reasons are, among others: the delays of public authorities in Central and 
Eastern Europe in dealing with claims, especially in Poland, the cautious 
valuation of some construction projects and the ruinous price war in the raw 
materials business. 
 
 
 
end of announcement                               euro adhoc 
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(END) Dow Jones Newswires

July 25, 2012 10:04 ET (14:04 GMT)