ZÜBLIN looks forward to a solid 2024 financial year
20 May 2025
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- Challenging market situation in the construction industry mastered with aplomb
- New major projects in infrastructure and industrial construction
Stuttgart-based Ed. Züblin AG, Germany's market leader in building construction and civil engineering, coped well with the 2024 financial year. In 2024, the crisis in building construction and particularly in residential construction continued to preoccupy the industry. ZÜBLIN was able to confidently counter this market situation with major projects in the infrastructure and industrial construction sectors.
ZÜBLIN generated stable construction output of around 4.6 billion euros in 2024, compared to around 4.7 billion euros in the previous year. The share of output in Germany rose from 84% to 86%. The order backlog as at December 31 consolidated at EUR 8.6 billion, after reaching a record high of EUR 9 billion in 2023. It is therefore still significantly higher than the 2022 figure of around EUR 7.8 billion. ZÜBLIN recorded a decline in order intake compared to 2023 (around EUR 6 billion) to around EUR 4.2 billion. This change was partly due to the acquisition of three major projects in 2023, which cannot be repeated to the same extent every year.
As at December 31, 2024, ZÜBLIN employed 15,982 people, 9,354 of whom worked in Germany and 6,628 abroad. This represents an increase of 870 employees compared to the previous year.
The outstanding new projects in 2024 include Europe's largest river water heat pump in Cologne (construction of the water extraction structure including elaborate fish protection facilities), the new research laboratories on the medical campus of Kiel University and the construction of the new Kriegenbrunn lock. Outside Germany, the "Sea La Vie" residential project in Abu Dhabi is particularly noteworthy.
ZÜBLIN has a positive outlook for the 2025 financial year and believes it is well positioned: "We expect stable business development in the current year. Our course for the future is set: planning and building in a resource-conserving and climate-neutral way - across all business areas. Thanks to our wide range of services, we have a broad base and assume that orders in infrastructure and industrial construction will continue to cushion the current sometimes challenging building construction sector," says Stephan von der Heyde, member of the ZÜBLIN Management Board. "With our MOLENO® serial timber hybrid construction system, we also offer an economical solution for residential construction and, in the spirit of the circular economy, we are focusing on building in existing buildings with 'Bestand Beyond' to give further impetus to sustainable building construction."
In terms of new orders, ZÜBLIN had a promising start to the 2025 financial year and secured, for example, the order for the major Dutch residential construction project "&Amsterdam" with 561 apartments in the Dutch capital as well as the "Quartier am Ostpark" in Rüsselsheim with 113 apartments in MOLENO® timber hybrid construction and the replacement new build for the GC building complex at Ruhr University Bochum.
ZÜBLIN generated stable construction output of around 4.6 billion euros in 2024, compared to around 4.7 billion euros in the previous year. The share of output in Germany rose from 84% to 86%. The order backlog as at December 31 consolidated at EUR 8.6 billion, after reaching a record high of EUR 9 billion in 2023. It is therefore still significantly higher than the 2022 figure of around EUR 7.8 billion. ZÜBLIN recorded a decline in order intake compared to 2023 (around EUR 6 billion) to around EUR 4.2 billion. This change was partly due to the acquisition of three major projects in 2023, which cannot be repeated to the same extent every year.
As at December 31, 2024, ZÜBLIN employed 15,982 people, 9,354 of whom worked in Germany and 6,628 abroad. This represents an increase of 870 employees compared to the previous year.
The outstanding new projects in 2024 include Europe's largest river water heat pump in Cologne (construction of the water extraction structure including elaborate fish protection facilities), the new research laboratories on the medical campus of Kiel University and the construction of the new Kriegenbrunn lock. Outside Germany, the "Sea La Vie" residential project in Abu Dhabi is particularly noteworthy.
ZÜBLIN has a positive outlook for the 2025 financial year and believes it is well positioned: "We expect stable business development in the current year. Our course for the future is set: planning and building in a resource-conserving and climate-neutral way - across all business areas. Thanks to our wide range of services, we have a broad base and assume that orders in infrastructure and industrial construction will continue to cushion the current sometimes challenging building construction sector," says Stephan von der Heyde, member of the ZÜBLIN Management Board. "With our MOLENO® serial timber hybrid construction system, we also offer an economical solution for residential construction and, in the spirit of the circular economy, we are focusing on building in existing buildings with 'Bestand Beyond' to give further impetus to sustainable building construction."
In terms of new orders, ZÜBLIN had a promising start to the 2025 financial year and secured, for example, the order for the major Dutch residential construction project "&Amsterdam" with 561 apartments in the Dutch capital as well as the "Quartier am Ostpark" in Rüsselsheim with 113 apartments in MOLENO® timber hybrid construction and the replacement new build for the GC building complex at Ruhr University Bochum.
