Impregilo returns to profit

By Helen Wright06 August 2013

Italian contractor Impregilo reported net profit for the six months to the end of June of €133 million, reversing last year’s half-year net loss of €28 million, amid a strong performance from its construction division.

Revenues grew to €1.16 billion, compared to €1.11 billion for the first half of 2012, while the total order book stood at €20.2 billion at 30 June.

Impregilo is finalising a merger with fellow Italian contractor Salini – a transaction that will result in a new listed company known as Salini Impregilo that is targeting consolidated revenues of €7.4 billion by 2016.

Impregilo CEO Pietro Salini said, “We have started a major turn-around which today places the company on solid economic and financial grounds. These results confirm the strategic importance of the Salini and Impregilo merger project.”

Latest News
Komatsu Europe’s K100 system now available on demo excavator
New optional extra for the PC490HRD-11 high reach demolition excavator lets operators switch attachments without leaving the cab
Post-pandemic demand leads to long delivery times
Government stimulus measures following the global pandemic have led to a surge in demand for construction equipment
Regulator approves Hyundai deal for Doosan Infracore
South Korean regulator gives green light to deal for Hyundai Heavy Industries Holdings to buy Doosan Infracore