EQS-Ad-hoc: STRABAG SE / Key word(s): Change in Forecast/Annual Results EBIT margin of STRABAG SE expected near 6% for the 2024 financial year
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. End of Inside Information
27-Jan-2025 CET/CEST News transmitted by EQS Group. www.eqs.com |
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: | 2074757 |
End of Announcement | EQS News Service |
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2074757 27-Jan-2025 CET/CEST
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