|Why invest in HOCHTIEF?|
|HOCHTIEF Bonds / Ratings|
|Ad hoc and IR-News|
|Post Admission Duties Announcement|
|Reports and other publications|
|Annual General Meeting|
|Service & Glossary|
|Special Features of Construction Companies|
For the annual accounts of construction companies, various industry-specific features have to be taken into account. These include the largely long-term nature of contract implementation and joint venture construction projects.
As a consequence, construction companies' financial statements may partially differ from those in other industrial sectors. The explanation of the most important terms in the following will facilitate the analysis of HOCHTIEF's net worth and earnings situation.