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EQS-Adhoc: STRABAG SE expects EBIT margin of close to 5% for 2023

EQS-Adhoc: STRABAG SE expects EBIT margin of close to 5% for 2023

EQS-Ad-hoc: STRABAG SE / Key word(s): Change in forecast/annual results STRABAG SE expects EBIT margin close to 5% for 2023 02/06/2024 / 12:01 CET/CEST Publication of insider information in accordance with Article 17 of Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG. The issuer/publisher is responsible for the content of the message. ═════════════════════════════════════════ ═════════ ════════════════════════ STRABAG SE expects EBIT margin close to 5% for 2023 • EBIT margin expected to be close to 5% in the 2023 financial year • Performance in 2023 above Previous year’s value, at around € 19 billion. The management board of STRABAG SE informs that, based on today’s internal evaluation of all information, an EBIT margin of close to 5% can be assumed. This means that the previously forecast EBIT margin will be exceeded and a higher result than forecast is expected for the 2023 financial year. At around €19 billion, output in 2023 will increase as expected compared to the previous year’s figure of €17.7 billion. The increase in guidance is due to positive influences on earnings resulting from the strong market positions in the North + West segment. Due to the economic challenges in the construction industry, the result for the 2023 financial year does not change the plan to generate an EBIT margin of at least 4% in the coming financial years. The detailed business figures and the final result will be reported on April 25, 2024. End of inside information ═══════════════════════════════════════ ════════ ═══════════════════════════ 02/06/2024 CET/CEST Announcement transmitted by EQS Group AG.
www.eqs.com

═════════════════════════════════════════ ═════════ ════════════════════════ Language: German Company: STRABAG SE Donau-City-Straße 9 1220 Vienna Austria Telephone: +43 1 22422 – 1089 Fax: +43 1 22422 – 1177 Email: investor.relations@strabag.com
Internet: www.strabag.com
ISIN: AT000000STR1, AT0000A36HH9 Stock exchanges: Vienna Stock Exchange (official trading) EQS News ID: 1830773 End of announcement EQS News Service 1830773 02/06/2024 CET/CEST

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