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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Implenia AG    IMPN   CH0023868554

IMPLENIA AG (IMPN)
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Implenia : A colossus starts moving

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10/06/2017 | 04:01pm CEST

A colossus starts moving - First of two tunnel drilling machines begins work at the Albvorland Tunnel | Ceremony to mark official start of construction

Kirchheim unter Teck, 6 October 2017 - Implenia has been commissioned by Deutsche Bahn to build the Albvorland Tunnel, a key section of the new 60-kilometre-long railway line between Stuttgart and Ulm. Construction work on the tunnel, which will be approximately eight kilometres long, officially began on Friday. The first of the two tunnel drilling machines, known as Wanda, will carve its way through the rocks beneath the Albvorland region between the towns of Kirchheim unter Teck and Wendlingen. The second machine, called Sibylle, will start drilling a little later; work on the two tunnels will progress in parallel.

The ceremony to mark the official start of construction of the Albvorland Tunnel was attended by, among others, Ronald Pofalla, Member of Deutsche Bahn's Management Board responsible for Infrastructure, Guido Wolf, Europe Minister for Baden-Württemberg, Norbert Barthle, Parliamentary State Secretary at the Federal Ministry of Transport, and Anton Affentranger, CEO of Implenia. Tunnel "Godmother" Nicole Hoffmeister-Kraut, Minister of Economic Affairs for Baden-Württemberg, was also there to see work begin on the tunnel that has been named "Nicole" after her.

In addition to the Albvorland Tunnel, Implenia is in charge of building the link to the Stuttgart-Tübingen line, the "Kleine Wendlinger Kurve", and the freight train link, which includes two 170-metre, single-track tunnels at the western portal of the Albvorland Tunnel in Wendlingen.

The two tunnel-boring machines Wanda and Sybille were ceremonially baptised before starting their work (Picture: Jürgen Stresius).

Implenia press contact:

Anna Magdalena Lang

Marketing/Communications Manager

Tel.: +49 152 092 956 98

annamagdalena.lang@implenia.com

DB Projekt Stuttgart-Ulm GmbH press contact:

Jan Dambach

Press Officer

Tel.: +49 711 933 19 165

jan.dambach@deutschebahn.com


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Financials (CHF)
Sales 2018 4 431 M
EBIT 2018 117 M
Net income 2018 65,8 M
Finance 2018 507 M
Yield 2018 3,23%
P/E ratio 2018 17,39
P/E ratio 2019 12,53
EV / Sales 2018 0,15x
EV / Sales 2019 0,13x
Capitalization 1 155 M
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Average target price 73,3  CHF
Spread / Average Target 17%
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André Wyss Chief Executive Officer
Hans-Ulrich Meister Chairman
Beat Fellmann Chief Financial Officer & Head-Corporate Center
Guido Schmidt Chief Information Officer
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