Pre-tax profit hit ВЈ42.5m for the year to 31 August 2009, up from ВЈ30.7m in the previous year.
Meanwhile revenue climbed 19% to ВЈ660m. Its orderbook was also up slightly to ВЈ2.8bn, compared to ВЈ2.6bn in the previous year.
The group said it was "well positioned in attractive markets which are large and defensive."
Chairman Mark Tincknell said: вЂњThe majority of our services are either non discretionary or essential in nature and we are therefore much less susceptible to changes in government spending and the economic cycle.вЂќ
Hochtief pre-tax profit falls 11%GM to increase output at factories in Michigan, Indiana, Kansas