BAM: Increased revenue and improved results in the first six months of 2011

• Net result for the first six months of 2011: €66 million (2010: €51 million)
• All sectors profitable as forecast
• PPP revenue increased to 6 percent of total revenue (2010: 4 percent)
• Order book at €11.4 billion at end of first half-year (year-end 2010: €12.1 billion)
• Market circumstances difficult; continuing price pressure
• Forecast net profit level for 2011 unchanged: €120 million

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