Austria · Delayed Price · Currency is EUR Strabag SE Earnings Call Transcripts
Fiscal Year 2026
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The AGM highlighted record financial results for 2025, with strong growth in construction output and order backlog. Strategic initiatives under Strategy 2030, major acquisitions, and sustainability milestones were presented. A dividend increase and amendments to governance policies were proposed.
Fiscal Year 2025
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Historic highs in output, order backlog, and profitability were achieved in 2025, with strong growth in infrastructure and high-tech projects. 2026 guidance anticipates continued expansion, robust cash flow, and strategic M&A, despite some normalization in margins.
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Output volume grew 7% year-on-year to a record EUR 8.9 billion, with order backlog reaching EUR 28.4 billion and net income after minorities at EUR 95 million. EBIT margin improved to 1.6%, and full-year guidance was upgraded, supported by robust project wins and acquisitions.
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The AGM featured a strong financial review, with record order backlog, rising EBIT, and a higher dividend. Strategic expansion, sustainability goals, and governance enhancements were highlighted, while all management proposals were approved by large majorities.