04.09.2022, 1430 Zeichen

Strabag: Austrian construction group Strabag generated a 9 % higher output volume of Euro 7,587.72 mn in the first half of 2022. Besides the core markets of Germany, Austria and the Czech Republic, the increased output volume in the United Kingdom also is of particular note. The order backlog reached a new record level of Euro 23,969.66 mn as at 30 June 2022, an increase of 14 % over 30 June 2021. This figure grew by around Euro 2 billion in Germany alone, with significant increases also recorded in Austria and Poland. Earnings before interest, taxes, depreciation and amortisation amounted to Euro 324.67 mn, compared to Euro 406.29 mn in the first half of 2021. The Management Board remains committed to the targeted construction output of Euro 16.6 billion for 2022, a figure that is well-supported by the order backlog. “The forecasts may be fraught with uncertainty at the moment, but our half-year figures show that we are meeting our guidance. The output has increased as expected, and the order backlog is also showing an upward trend – despite its already high level. As predicted, we were not able to repeat the previous year’s exceptional earnings result. In a long-term comparison, however, we can speak of the second-best figure for a first half-year,” says Thomas Birtel, CEO of Strabag.
Strabag: weekly performance: -0.13%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (31/08/2022)

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