Budimex net profit at PLN 146 mln in H1

Real estate developer Budimex recorded a net profit of PLN 146.07 million in H1 2016, compared with PLN 106.59 million in the corresponding period last year, the company informed in a market filing. The company's operating profit totaled PLN 178.27 million, versus PLN 128.78 million in H1 2015. Consolidated revenues amounted to PLN 2.429 billion in H1 2016, while they totaled PLN 2.268 billion in the previous year. Budimex Group is the biggest Polish building holding system. The company is part of the Ferrovial Group, one of the world's largest companies operating in the infrastructure sector. Budimex has been listed on the Warsaw Stock Exchange since 1995.