EQS-News: STRABAG SE / Key word(s): Quarter Results
STRABAG SE Trading Statement 3M/2025: Strong growth in output and order
backlog

22.05.2025 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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STRABAG SE Trading Statement 3M/2025: Strong growth in output and order
backlog

• Output volume up 8%
• Order backlog tops € 28 billion for first time (+14%)
• Outlook for 2025 confirmed: output volume approx. € 21 billion, EBIT
margin ≥ 4.5%

         
STRABAG SE 3M/2025 3M/2024 % 3M/2024–3M/2025  
Output volume 3,716.19 3,436.11 8%  
Order backlog 28,049.52 24,553.29 14%  
Employees (FTE) 76,823 75,482 2%  
         
NORTH + WEST 3M/2025 3M/2024 % 3M/2024–3M/2025  
Output volume 1,533.32 1,499.23 2%  
Order backlog 13,091.20 11,666.22 12%  
Employees (FTE) 22,829 21,918 4%  
         
SOUTH + EAST 3M/2025 3M/2024 % 3M/2024–3M/2025  
Output volume 1,126.07 1,166.94 -4%  
Order backlog 8,530.40 7,615.83 12%  
Employees (FTE) 23,738 25,026 -5%  
         
INTERNATIONAL +  
SPECIAL DIVISIONS 3M/2025 3M/2024 % 3M/2024–3M/2025
Output volume 1,009.02 704.51 43%  
Order backlog 6,380.28 5,247.66 22%  
Employees (FTE) 22,310 20,893 7%  
         
OTHER 3M/2025 3M/2024 % 3M/2024–3M/2025  
Output volume 47.78 65.43 -27%  
Order backlog 47.64 23.58 >100%  
Employees (FTE) 7,946 7,645 4%  

The publicly listed European technology group for construction services
STRABAG SE today announced its figures for the first quarter of 2025. “The
dynamic trend from last year continued into the first quarter of 2025. Our
teams demonstrated their usual STRABAG expertise and secured major
projects – especially in the semiconductor industry, rail construction and
energy infrastructure. This allowed us to grow our order backlog to a new
record of over € 28 billion – an increase of 14% year on year. That sends
a strong signal and makes us optimistic for the rest of the year,” says
Stefan Kratochwill, CEO of STRABAG SE.

Output volume
The STRABAG SE Group increased its output in the first quarter of 2025 by
8% to € 3,716.19 million. About half of this increase is attributable to
contributions from the newly acquired Georgiou Group in Australia. The
acquisition was successfully completed in the first quarter of 2025, and
the contributions from the first three months are already included. In the
existing markets, output growth – driven by the increased order backlog in
2024 – was strongest in Poland, Austria and Germany. In addition to growth
in construction activities, the Building Solutions business also recorded
significant growth.

Order backlog
The STRABAG SE order backlog stood at € 28,049.52 million at the end of
the first quarter of 2025. Compared to the previous year, this represents
a strong increase of 14% or € 3.5 billion, crossing the € 28 billion mark
for the first time. The initial consolidation in Australia contributed €
751 million to the order backlog. Double-digit growth rates were recorded
in major Group markets – especially in Germany, Austria, the Czech
Republic and Slovakia. In the United Kingdom and the Americas, the gradual
completion of major projects led to a decline in the order volume.

The increase in the order backlog includes significant project
acquisitions in the high-tech production segment – including semiconductor
and medical manufacturing and data centre construction – as well as in
energy and mobility infrastructure. In the energy sector, the focus is on
electricity and heat projects, while in mobility the emphasis is on rail
construction. STRABAG was also awarded major projects in the field of
Reconstruction, Conversion & Refurbishment.

Employees
The average number of employees (FTE) in the first quarter of 2025 was
76,823 – a 2% year-on-year increase. In addition to the acquisition in
Australia, the rise was also due to a higher number of employees in
Germany, the Middle East and Poland. In the Americas, employee numbers
declined due to the completion of major projects.

Outlook for 2025
Based on the growth in output and order backlog as well as the successful
acquisition in Australia, the Management Board is maintaining its targets
for 2025. Specifically, the company is aiming for construction output of
around € 21 billion. The EBIT margin is expected to be at least 4.5% – up
from the previous target of ≥ 4%. In line with the implementation of
Strategy 2030, net capital expenditure (cash flow from investing
activities) is projected to remain below € 1,100 million.

STRABAG SE is a European-based technology group for construction services,
a leader in innovation and financial strength. Our activities span all
areas of the construction industry and cover the entire construction value
chain. We create added value for our clients by taking an end-to-end view
of construction over the entire life cycle – from planning and design to
construction, operation and facility management to redevelopment or
demolition. In all of our work, we accept responsibility for people and
the environment: We are shaping the future of construction and are making
significant investments in our portfolio of more than 250 innovation and
400 sustainability projects. Through the hard work and dedication of our
approximately 86,000 employees, we generate an annual output volume of
around € 19 billion.

Our dense network of subsidiaries in various European countries and on
other continents extends our area of operation far beyond the borders of
Austria and Germany. Working together with strong partners, we are
pursuing a clear goal: to design, build and operate construction projects
in a way that protects the climate and conserves resources. More
information is available at www.strabag.com.

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22.05.2025 CET/CEST This Corporate News was distributed 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: 2141648

 
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2141648  22.05.2025 CET/CEST

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