Destia's sales fall to €198 million

Finnish infrastructure company Destia's net sales fell to €198 million in the second quarter of 2011.
March 7, 2012 Read time: 1 min

Finnish infrastructure company 3722 Destia's net sales fell to €198 million in the second quarter of 2011.

The company's profitability was weakened by project impairments in Norwegian operations as well as the failures of one rail maintenance contract and one rock construction project. As a result, Destia booked losses of €16.1 million.

Destia estimates that its net sales in 2011 will decrease, and its operating result will remain negative.

Auctions, Used Equipment, Rental & Finance

For more information on companies in this article

Related Content

July 31, 2015

Lemminkäinen's result in Q2 of 2015

Finnish construction and infrastructure company Lemminkäinen's net sales fell to €492.1 million in the second quarter of 2015 from €510.5 million in the second quarter of 2014.

Operating profit was €15.6 million, up from €14.8 million. This represented 3.2% of net sales, compared to 2.9% in the corresponding period in 2014.

In January-June 2015, net sales fell to €781.8 million from €789.8 million in the corresponding period in 2014. Operating loss was €2.4 million, compared to a loss of €2.5 million,

boombox1

Highlighted Content

boombox2