Streetbeat News

BFLBY

Bilfinger SE

https://www.bilfinger.com/

CEO

Thomas Blades

Industry

General Warehousing and Storage

Open

10.75

Mkt cap

Volume

200

High

10.75

P/E Ratio

8.96

52-wk high

11.67

Low

10.75

Div yield

0.04

52-wk low

7.01

Fluor Corp (FLR) has agreed to sell its Stork business in Europe and its turbo blading manufacturing operation in the U.S. to Bilfinger SE (BFLBF, BFLBY). The company also settled with the U.S. Securities and Exchange Commission (SEC) for $14.5 million over an investigation into its accounting practices. The sale is part of Fluor's strategy to focus on its core businesses and is expected to be completed in H1 2024.

Portfolio Pulse from Shivani Kumaresan

September 07, 2023 | 10:56 am

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