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© STRABAG
© STRABAG

STRABAG SE expects EBIT margin close to 5% for 2023

  • EBIT margin for 2023 financial year expected close to 5 %
  • Output volume in 2023 above previous year’s figure at around € 19 billion

The Management Board of STRABAG SE announces that, based on today’s internal evaluation of all information, the EBIT margin for 2023 is expected to be close to 5 %. This represents an increase on the previously forecast EBIT margin as well as higher earnings than expected for the 2023 financial year. At around € 19 billion, the output volume in 2023 will increase as expected compared to the previous year’s figure of € 17.7 billion.

The increased guidance is due to positive influences on earnings resulting from the strong market positions in the North + West segment.

Due to the economic challenges within the construction industry, however, the increased earnings for the 2023 financial year do not change the target of generating an EBIT margin of at least 4 % in the coming financial years.

The detailed financial figures and final earnings will be reported on 25 April 2024.

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STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 86,000 employees, we generate an annual output volume of around € 19 billion.
Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.

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