STRABAG SE Trading Statement 3M/2026: Solid output growth despite adverse weather conditions
21 May 2026
- Output up 4% year on year
- Order backlog further expanded to € 33.1 billion (+18%)
- 2026 guidance confirmed: output of approx. € 22 billion, EBIT margin 5.0%–5.5%
| STRABAG SE | 3M/2026 |
3M/2025 |
in % |
|---|---|---|---|
| Output volume | 3,869.73 |
3,716.19 |
4% |
| Order backlog | 33,062.79 |
28,049.52 |
18% |
| Employees (FTE) | 78,151 |
76,823 |
2% |
| North + West | 3M/2026 |
3M/2025 |
in % |
|---|---|---|---|
| Output volume | 1,689.03 |
1,533.32 |
10% |
| Order backlog | 13,558.40 |
13,091.20 |
4% |
| Employees (FTE) | 23,212 |
22,829 |
2% |
| South + East | 3M/2026 |
3M/2025 |
in % |
|---|---|---|---|
| Output volume | 1,178.30 |
1,126.07 |
5% |
| Order backlog | 8,610.12 |
8,530.40 |
1% |
| Employees (FTE) | 24,411 |
23,738 |
3% |
| International + Special Divisions | 3M/2026 |
3M/2025 |
in % |
|---|---|---|---|
| Output volume | 955.97 |
1,009.02 |
-5% |
| Order backlog | 10,869.70 |
6,380.28 |
70% |
| Employees (FTE) | 22,232 |
22,310 |
0% |
| Other | 3M/2026 |
3M/2025 |
in % |
|---|---|---|---|
| Output volume | 46.43 |
47.78 |
-3% |
| Order backlog | 24.57 |
47.64 |
-48% |
| Employees (FTE) | 8,296 |
7,946 |
4% |
The publicly listed European technology group for construction services STRABAG SE today announced its figures for the first quarter of 2026.
Output volume
Despite prolonged cold spells in parts of Europe, the STRABAG SE Group increased output by 4% to € 3,869.73 million in the first quarter of 2026. In Poland and Austria in particular, output remained below the prior-year level due to the adverse weather conditions. This development was more than offset by significant growth in Germany and the Czech Republic, however. In addition, notable increases in output were also recorded in Croatia and Slovenia.
Order backlog
The order backlog of STRABAG SE continued to grow during the first three months of the year and amounted to € 33,062.79 million at the end of the first quarter of 2026. This represents an increase of 18% year on year and of 5% compared to year-end 2025. The strongest growth was recorded in the Americas as well as in Austria, the Czech Republic and Germany.
Significant order intakes in the first quarter of 2026 included mining contracts in Chile with a total volume of around € 800 million, as well as major mobility infrastructure projects in the Czech Republic, Slovenia and Poland. In Austria, contracts were secured for an education campus as part of a public-private partnership project and for a data centre, among other things, while in Germany public-sector and commercial building construction projects in particular – including the sustainable B’Ella urban development at Berlin Südkreuz – contributed to the increase in the order backlog.
Employees
In the first quarter of 2026, the STRABAG SE Group employed an average of 78,151 people (FTE), an increase of 2% compared to the previous year. The increase in headcount was primarily recorded in Poland, Germany and the Czech Republic and reflects the positive development of the order backlog.
Outlook 2026
Based on the figures for the first quarter, the Management Board continues to uphold its targets for the 2026 financial year unchanged. Output is expected to reach approximately € 22 billion, representing growth of around 8% compared to the previous year. From today’s perspective, the EBIT margin is expected to be within a range of 5.0% to 5.5%. Net investments (cash flow from investing activities) are forecast at no more than € 1,500 million and, alongside the acquisition of construction machinery, particularly reflect planned acquisitions as part of Strategy 2030.
With regard to the possible effects of the Iran war, it remains to be seen how long the conflict will continue. Wherever possible, STRABAG uses price escalation clauses in contracts and pursues a local and long-term procurement policy.