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HOCHTIEF delivers strong growth in profits and cash: well positioned for the future read more ...

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(Source: Hochtief AG) Significant increase in operational net profit to EUR 265 million (up 39% year-on-year) At top end of guidance range (EUR 220 million to EUR 260 million) Operational profit before tax up 18% to EUR 600 million Improved cost base and project execution leading to higher margins in all divisions Nominal net profit, at EUR 208 million, more than 50% higher than comparable 2014 figure Free cash flow from operations tripled to nearly EUR 1 billion, up EUR 663 million year-on-year Substantial increase in cash flow from operations to EUR 1.1 billion, up EUR 379 million year-on-year Improved working capital and reduced capex Net cash of over EUR 800 million, up EUR 335 million...

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