Bilfinger: Mistakes Contributed to Warnings, But No Systemic Failure
Bilfinger said human error was partly to blame for repeated profit warnings at the German engineering services firm over the past year but denied on Thursday there were systematic failures of corporate governance. As…
Bilfinger Rethinks Offshore Wind after Profit Warning
German building and services group Bilfinger said it would have to rethink options for its offshore wind power business, where a writedown contributed to a profit warning. Bilfinger said late on Wednesday it had written…
Germany's Bilfinger Cuts Costs after CEO Exit
Q2 group adjusted EBITA 65 mln euros vs 93 mln last year. Power division EBITA drops to 9 mln euros; shares up 4.9 pct, top performer on MDAX. German industrial services group Bilfinger, whose chief executive resigned last week after two profit warnings…
Bilfinger Wants Speedy Sale Of Construction Unit
German engineering and services group Bilfinger aims to sell its civil engineering division quickly and, at the same time, is open to acquisitions abroad, the chief executive of the company was quoted as saying on Saturday.
