Earnings before interest and tax (Ebit) for the first half were €500m, compared to €607m, while net profits fell 26.3% to €221m from €300m the previous year.
EGP says the lower revenues and profits are due to the impact of non-recurring items – primarily the sale of the company's assets in the EUFER joint venture in Spain – on its results in the first half of 2011.
Excluding
