Germany's Hochtief (HOTG.DE), the country's largest builder, said it will report 2010 earnings "well above" the previous year's level, after forecasting profits to rise only slightly and after its Australian unit lowered its earnings expectations. "New orders and order backlog of Hochtief are also well above the previous forecast. In addition, sales will exceed the prior-year figure," it said. "Nearly all corporate divisions and a strong Australian dollar contribute to this growth."
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