EQS-News

STRABAG SE: Higher net income despite declining markets in 2023

EQS-News: STRABAG SE / Key word(s): Annual Results STRABAG SE: Higher net income despite declining markets in 2023 25.04.2024 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement.

---

STRABAG SE: Higher net income despite declining markets in 2023

• New record output of € 19.1 billion (+8% vs. 2022)
• High order backlog largely unchanged at € 23.5 billion
• EBIT margin above expectations at 5.0% 
• Higher dividend of € 2.20 proposed 
• Outlook for 2024: output volume of around € 19.4 billion, EBIT margin ≥ 4%
• STRABAG publishes its first online Annual and Sustainability Report at report.strabag.com

 

		2023	2022	%		6M/23	6M/22	%
Output volume	€ mn	19,139.14	17,735.47	8		8,258.62	7,587.72	9
Revenue	€ mn	17,666.54	17,025.85	4		7,684.37	7,246.35	6
Order backlog	€ mn	23,466.13	23,738.84	-1		24,320.48	23,969.66	1
EBITDA	€ mn	1,418.31	1,257.21	13		351.14	324.67	8
EBITDA margin	%	8.0	7.4			4.6	4.5
EBIT	€ mn	880.20	706.40	25		87.35	63.63	37
EBIT margin	%	5.0	4.2			1.1	0.9
Net income after min.	€ mn	630.51	472.45	33		74.14	40.41	83
Earnings per share	€	6.30	4.60	37		0.74	0.39	90
Employees	FTE	77,136	73,740	5		75,551	72,709	4