Salini Impregilo confirms 2014 targets after H1 sales rise 12.8 pct
MILAN Aug 5 (Reuters) - Italian construction group Salini Impregilo said on Tuesday its revenues in the first half grew 12.8 percent to 2.1 billion euros ($2.81 billion), boosted by large projects in Ethiopia, Denmark and Poland as well as resumption of work on the Panama Canal project.
Italy's largest construction group, which completed the incorporation of Impregilo into Salini in January, confirmed its 2014 targets, which include a 10 percent rise in revenues and an EBITDA margin of more than 10 percent.
Earnings before interest, tax, depreciation and amortisation in the January-June period were flat from last year's result, restated on a comparable basis, at 192.7 million euros.
At the end of June the total order backlog was 28.6 billion euros. ($1 = 0.7482 Euros) (Reporting by Stephen Jewkes; editing by Agnieszka Flak)
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