EQS-Ad-hoc: STRABAG SE / Key word(s): Change in Forecast/Annual Results
STRABAG SE: EBIT margin of STRABAG SE expected near 6% for the 2024
financial year
27-Jan-2025 / 08:36 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS
Group.
The issuer is solely responsible for the content of this announcement.
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EBIT margin of STRABAG SE expected near 6% for the 2024 financial year
• 2024 output volume at around € 19.2 billion
• EBIT margin for 2024 expected near 6%
The Management Board of STRABAG SE hereby discloses that, based on the
information currently available, it expects an EBIT margin close to 6% for
the 2024 financial year. The forecast is based on an evaluation of key
performance indicators completed today. At around € 19.2 billion, the 2024
output volume should remain roughly on a par with the previous year’s
figure.
Earnings for the 2024 financial year are now expected to be significantly
higher than previously forecast. The higher EBIT margin is primarily due
to positive earnings effects in the North + West segment and the lower
negative impact on earnings in the volatile international project business
compared to the previous year. In the North + West segment, performance
exceeded expectations in Germany in particular. This was due in part to
the milder weather conditions, which led to higher capacity utilisation in
December, but is also a result of agreements reached towards the end of
the year on supplementary claims from major projects.
The final initial figures for the 2024 financial year, including the
guidance for 2025, will be published as planned on 13 February 2025.
End of Inside Information
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27-Jan-2025 CET/CEST News transmitted by EQS Group. www.eqs.com
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Language: English
Company: STRABAG SE
Donau-City-Straße 9
1220 Vienna
Austria
Phone: +43 1 22422 – 1089
Fax: +43 1 22422 - 1177
E-mail: investor.relations@strabag.com
Internet: www.strabag.com
ISIN: AT000000STR1
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2074757
End of Announcement EQS News Service
2074757 27-Jan-2025 CET/CEST
