HOCHTIEF Aktiengesellschaft Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
July 24, 2024 at 10:48 am EDT
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HOCHTIEF Aktiengesellschaft reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was EUR 7,894.64 million compared to EUR 6,826.56 million a year ago. Net income was EUR 303.5 million compared to EUR 134.38 million a year ago. Basic earnings per share from continuing operations was EUR 4.03 compared to EUR 1.79 a year ago.
For the six months, sales was EUR 14,651.6 million compared to EUR 13,015.6 million a year ago. Sales was EUR 14,651.6 million compared to EUR 13,015.61 million a year ago. Sales was EUR 14,651.58 million compared to EUR 13,015.6 million a year ago. Sales was EUR 14,651.58 million compared to EUR 13,015.61 million a year ago. Revenue was EUR 14,667.1 million compared to EUR 13,000.1 million a year ago. Net income was EUR 436.3 million compared to EUR 261.9 million a year ago. Net income was EUR 436.3 million compared to EUR 261.91 million a year ago. Net income was EUR 436.34 million compared to EUR 261.9 million a year ago. Net income was EUR 436.34 million compared to EUR 261.91 million a year ago. Basic earnings per share from continuing operations was EUR 5.8 compared to EUR 3.48 a year ago. Basic earnings per share from continuing operations was EUR 5.8 compared to EUR 3.48 a year ago. Basic earnings per share from continuing operations was EUR 5.8 compared to EUR 3.48 a year ago. Basic earnings per share from continuing operations was EUR 5.8 compared to EUR 3.48 a year ago.
Hochtief AG is a Germany-based holding company engaged in the construction industry. Through its subsidiaries, Hochtief delivers construction and civil engineering projects for the transportation, energy and urban infrastructure industries, as well as the mining industry. It operates three business divisions: Hochtief Americas coordinates construction activities in the United States, Canada and Brazil; Hochtief Asia Pacific covers construction activities in Asia and Australia involving building, infrastructure and contract mining projects, and Hochtief Europe conducts construction projects in Europe and select regions worldwide, involving real estate and transport infrastructure, such as tunnels, bridges, airports, marine ports and sports stadiums. The Company operates a number of subsidiaries, notably Turner Construction Co., Flatiron Construction Corp., CIMIC Group Ltd., and Hochtief Infrastructure GmbH, It operates as a subsidiary of Actividades de Construccion y Servicios SA.
HOCHTIEF AG 
