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Porr AG (ABGV.VI)

ABGV.VI on Vienna Stock Exchange

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€0.30 (+0.99%)
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€30.20
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Volume
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33,864
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€42.13
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€23.25

Latest Key Developments (Source: Significant Developments)

Porr reaches basic agreement on stake in Hinteregger Group
Monday, 15 May 2017 03:20am EDT 

May 15 (Reuters) - PORR AG ::PORR AG: PORR REACHES BASIC AGREEMENT ON STAKE IN THE SALZBURG-BASED HINTEREGGER GROUP.IN PARALLEL, 100% OF SHARES IN DYWIDAG GROUP SHOULD BE TRANSFERRED TO OWNERSHIP OF G. KLAUS HINTEREGGER FAMILY.  Full Article

Porr, Strabag shares fall after reports of raids in Austria
Friday, 5 May 2017 03:26am EDT 

May 5 (Reuters) - Porr , Strabag : :Porr shares down 8.3 percent after reports that it is among construction firms Austria has raided on suspicion of price-fixing.Strabag shares down 7.7 percent after reports that it is among construction firms Austria has raided on suspicion of price-fixing.  Full Article

Porr merges Polish subsidiaries
Thursday, 4 May 2017 06:07am EDT 

May 4 (Reuters) - PORR AG ::PORR merges Polish subsidiaries.With fusion of PORR Polska Infrastructure and PORR Polska Construction, PORR management anticipates further dynamic growth on Polish market.With over 1,500 staff members, new PORR S.A. should generate production output of over 2 billion zlotych (around 475 million euros ($519.18 million)) in 2017.  Full Article

Porr FY profit up at EUR 66.8 million
Tuesday, 25 Apr 2017 01:30am EDT 

April 25 (Reuters) - Porr Ag ::FY EBITDA of EUR 187.3 million ($203.52 million)versus EUR 165.9 million year ago.FY EBIT EUR 100.1 million versus EUR 87.8 million year ago.FY consolidated revenue rose by EUR 277.4 million to EUR 3,417.1 million.FY profit at EUR 66.8 million versus EUR 61.0 million year ago.To propose an increase in dividends to EUR 1.10.Assumes further increases in output and earnings for the current business year 2017.  Full Article

Porr awarded tender to modernise railway line in Poland
Monday, 24 Apr 2017 05:41am EDT 

April 24 (Reuters) - Porr AG ::Porr Polska awarded tender to modernise railway line from Poznan to Pila.Worth around 114 million euros (485 million zlotys), tender is Porr's largest so far in railway construction in Poland.  Full Article

Porr AG: Porr SUISSE to upgrade Swiss national highway in a consortium
Monday, 27 Mar 2017 03:28am EDT 

Porr AG : Porr SUISSE hired to upgrade SWISS national highway in a consortium . Tender is worth 53 million Swiss francs ($53.86 million), whereby Porr holds a stake of 45 percent .Project involves refurbishment works on five bridges and two tunnels and will be realised in a consortium. Construction work already began in February 2017 and is set for completion in October 2019.  Full Article

Porr says Heijmans Oevermann GmbH to become part of Porr
Thursday, 16 Mar 2017 04:01am EDT 

Porr AG : Porr expands traffic expertise in Germany . Construction company Heijmans Oevermann GmbH will become part of Porr, share purchase agreement .Purchase price is around 60 million euros.  Full Article

Heijmans to sell Oevermann to PORR
Monday, 6 Mar 2017 01:15pm EST 

Heijmans NV : Reached agreement on sale of all shares in its German company oevermann GmbH to PORR Deutschland GmbH, a subsidiary of Austrian construction group PORR AG . Transaction is expected to be completed in Q2 of 2017, subject to approval of competition authorities . Anticipated net proceeds in cash for co will amount to 60 million euros ($63.47 million) .Sale will produce a transaction result of approximately 15 million euros, which will be recognized in 2017 financial year.  Full Article

PORR builds a bridge in Norway with a tender worth NOK 542 mln
Wednesday, 22 Feb 2017 05:49am EST 

PORR AG : Builds fifth bridge in Norway . Contract was signed at end of last week and construction work is set to begin as early as March: PORR will build 654m-long Varodd Bridge in Kristiansand .Tender is worth around 542 million Norwegian crowns ($64.70 million) (approx. 61 million euros).  Full Article

Porr successfully concludes issue of a subordinated bond
Thursday, 2 Feb 2017 07:35am EST 

Porr AG : Has successfully concluded issue of a subordinated bond (hybrid bond) . A total volume of 125 million euros ($135.05 million) was placed with national and international investors .Coupon was fixed at lower end of price range at 5.5 pct.  Full Article

More From Around the Web

UPDATE 1-Austrian construction firms Strabag, Porr say offices raided over suspected price fixing

VIENNA, May 5 Austrian construction companies Strabag and Porr said several of their offices had been raided over suspected price-fixing, confirming earlier media reports, and sending their shares to the lowest levels in months.