Financial year 2025 of STRABAG AG, Cologne: Stable development despite budget debate in Germany
4 May 2026
- Declines in road construction offset: STRABAG scores with power lines and rail expansion
- Company expects a turnaround in road construction this year
Cologne-based STRABAG AG reports positive results for the 2025 fiscal year. Despite a challenging market environment marked by political uncertainties and resulting delays in contract awards, the German market leader in transportation infrastructure construction has maintained a stable order backlog and solid construction output.
STRABAG AG was able to slightly increase its construction output from 4 billion to around 4.1 billion euros. STRABAG AG’s order backlog in transportation infrastructure construction stood at 4.5 billion euros, up 4 percent from the previous year. New orders decreased from 5.2 billion to around 4.3 billion euros, which was primarily due to a lack of budgetary funds for road construction. In the transportation infrastructure construction segment, the company employed 14,706 people at year-end; that is nearly 400 more than in the previous year.
Challenging Conditions in Road Construction
The year 2025 was marked by significant external influences, particularly in road construction. The 2025 federal budget was not passed until September 2025 due to the federal election. This late decision led to delays in urgently needed investments in infrastructure expansion and renovation and significantly dampened demand, particularly in the road construction business. As a result, some public clients temporarily halted tendering in the summer. As a result, asphalt paving fell to a record low over the course of the year.
However, the subdued market momentum was offset by strong performance in other areas: With substantial contracts in power line projects and railway construction, STRABAG was able to largely offset the challenges in road construction.