Porr reported earnings results for the first quarter of 2016. For the quarter, the company saw loss shrink year over year, while incoming orders increased. Output rose by 10%, to EUR 648 million, while revenue climbed by 13% to EUR 598 million and the value of incoming orders improved by 32% to EUR 1.218 billion, thus accounting for a backlog of EUR 5.149 billion. This output improvement has also affected profits. EBITDA soared by 76% to EUR 12.9 million, whereas the pre-tax loss contracted from EUR 12 million to EUR 10 million, and the net loss shrank from EUR 11.6 million to EUR 8.2 million.

The management expects a solid performance in 2016, especially in view of the backlog exceeding for the first time EUR 5 billion.