German construction co. Hochtief net profit falls
German construction company and airport operator Hochtief AG said Friday that second quarter net profit fell 6 percent but that the order backlog increased to an all-time high despite the economic crisis.
It has been reported that French construction-to-broadcasting conglomerate Bouygues said first half net profit fell 22% due to the economic downturn and steep drop in profitability of its TF1 broadcasting division, but still revised upward its guidance for full-year revenue.