Q1 2012 ended with growth being recorded despite the effects of the seasonal factors which were already largely made up during the early part of Q2 and linked to especially adverse weather conditions in Central-Eastern Europe. Stefano Cerri, the Group’s Chief Executive Officer, commented as follows: “The results are the outcome of a clear strategy that has allowed us to become a leader in Italy and to consolidate our presence in sectors and area of strategic importance. A sound and diversified order backlog, a well-established construction sector with excellent cash flow generation ability and significant opportunities linked to investments made in the concession sector, ensure achievement of the planned targets which we confirm”.
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