Pre-tax profits at German giant Bilfinger Berger jumped 59 per cent due to rising workloads in its European roads division and long-term maintenance framework contracts.
Major tunnel and road deals in Austria, Sweden, Switzerland and Hungary helped increase profits to £29 million in the nine months to September 30, 2005 compared to £18.2 million at the same time last year.
During the year a team including Bilfinger won an £88 million project to build and run six schools in Kent.
Turnover rose 17 per cent to £3.5 billion from £3 billion while forward orders hit a record £4.8 billion, up 11 per cent on £4.3 billion for the same period in 2004.
Bilfinger is building the Wienerwald Tunnel in Austria, the Malmo Tunnel in Sweden and the Gotthard Basis Tunnel in Switzerland. Major roads deals include the M6 in Hungary and a 40km link connecting two motorways in Sydney, Australia.
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