Bilfinger distress

摘要

Bilfinger has issued its third profit warning in three months, as it faces competition within a growing sustainable energy sector. The statement follows Roland Koch's resignation as its Executive Board chairman amid previous profit downgrades resulting in former head, Herbert Bodner, being appointed CEO on an interim basis. Its forecast earnings before tax for this year are € 270 million (USS 350 million), against € 419 million (USS 545 million) in 2013.