PBG posts 35% increase in full year profit

PBG, Poland's largest listed construction group, posted a 35 per cent jump in full-year profit on the back of stadium contracts for the Euro 2012 soccer championships, in line with its recently raised guidance. The company, which also benefitted from projects for PGNiG, said 2009 net profit was 211 million zlotys (Dh271m). PBG raised its full-year net profit guidance by almost 11 per cent last week.