Bilfinger's adjusted operating profit fell 2 pct in Q2
FRANKFURT Aug 12 (Reuters) - Germany's Bilfinger, which maintains industrial facilities for groups including Royal Dutch/Shell and BASF, said adjusted operating profit declined 2 percent, citing a challenging economic environment.
"With regard to orders placed, the company is faced with unchanged restraint on the part of its clients due to uncertain economic conditions in some areas, with a particular impact on the project business," it said in a statement on Monday.
Adjusted quarterly earnings before interest, tax and amortisation (EBITA) slid to 96 million euros ($128 million), compared with 94.3 million euros expected on average by analysts in a Reuters poll.
Bilfinger reiterated it expected EBITA as well as net profit, when adjusted for gains from asset sales, to rise this year compared with 2012.
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