EQS-Adhoc: STRABAG SE: EBIT margin of STRABAG SE expected near 6% for the 2024 financial year

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.