Post by Satt Singh Basra

UK, Germany, Czech Republic drive STRABAG’s backlog past €30bn mark Strong demand in the UK, Germany, and the Czech Republic has propelled Austrian construction contractor Strabag’s order backlog past the €30 billion mark for the first time. Strabag reported an increase in output of 6% for its 2025 financial year, to €20.4 billion. Around half of that increase was attributable to its acquisition of Australia’s Georgiou Group in the first quarter of 2025. Poland, the Czech Republic and Germany saw the strongest growth in output during the year, although output declined in the UK due to the deferral of major project work to subsequent years. Strabag’s order book as of the end of its financial year stood at nearly €31.4 billion, with work in the mobility, energy, water infrastructure, and high-tech facilities segments accounting for much of the growth. In the UK, the contractor won a contract to deliver the £3 billion (€3 billion) Haweswater Aqueduct Resilience Programme (HARP), an upgrade of a 110km-long water pipeline system across north west England, alongside Equitix and GLIL Infrastructure. In Germany, it won a deal for the construction of the world’s largest river heat pump, as well as key sections of the Fehmarn Sound Crossing project. In Strabag’s home market of Austria, it won €800 million worth of orders. The company said it expected an EBIT margin of at least 6.5% in the 2025 financial year, up from 6.1% the year before, driven by positive effects from major projects in Germany and in the international business, as well as mild weather conditions towards the end of the year in Germany. It said it expected output to increase to around €22 billion in 2026, with higher output across all operating segments, and an EBIT margin of 5-5.5%. Stefan Kratochwill, #CEO of #Strabag, said, “With output exceeding €20 billion for the first time, an order backlog of more than €30 billion and a higher EBIT margin, we reached several historic milestones in the 2025 financial year. These results underline the resilience of our business model and the consistent implementation of our strategy with a focus on growth markets. This puts us in a strong position as we enter 2026 and allows us to look ahead with confidence, particularly to opportunities in infrastructure.” https://lnkd.in/e5EBsvbV