- Successful business development in Australia
- Procurement bottlenecks in the German market under control
- Further increase in earnings planned
In the Building and Industrial business segment, our core markets are Germany, Australia and Nigeria. Cooperation with private clients plays an important role, while the public sector, with its rigid contract award procedures, is less important. We orient ourselves toward the individual requirements of our clients and promote a sustainability- based lifecycle approach. Our range of services in the design and construction of real estate includes a great deal more than simply the execution of building tasks.
Output volume in the Building and Industrial business segment in 2007 was, with €1,965 million, at about the same level as in the prior year. Orders received rose by 26% to €2,596 million, which was primarily attributable to the building construction share of the Barwa City project in Qatar. Order backlog at the end of the year amounted to €2,385 million, equivalent to a growth rate of 36%. Despite the unforeseen development of costs in Germany in 2007, EBITA in the business segment of €24 million (2006: €22 million) was slightly higher than in the prior year.
Capital expenditure on property, plant and equipment rose to €8 million (2006: €4 million). The number of employees fell back slightly to 3,520.
