depreciation and amortisation
At EUR 117.5 million (H1/2016: EUR 136.6 million), operating earnings before interest, taxes, depreciation and amortisation met expectations, translating into a Group EBITDA margin of 7.8%. This performance was underpinned by the good average margin on projects under construction, which is also reflected in the increase in the gross margin to 27.2% (H1/2016: 24.8 percent). Consolidated profit came to EUR 22.6 million (H1/2016: EUR 51.0 million)..
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