EQS-Ad-hoc: STRABAG SE / Key word(s): Change in Forecast/Annual Results STRABAG SE expects EBIT margin close to 5 % for 2023
The Management Board of STRABAG SE announces that, based on today’s internal evaluation of all information, the EBIT margin for 2023 is expected to be close to 5 %. This represents an increase on the previously forecast EBIT margin as well as higher earnings than expected for the 2023 financial year. At around € 19 billion, the output volume in 2023 will increase as expected compared to the previous year’s figure of € 17.7 billion. The increased guidance is due to positive influences on earnings resulting from the strong market positions in the North + West segment. Due to the economic challenges within the construction industry, however, the increased earnings for the 2023 financial year do not change the target of generating an EBIT margin of at least 4 % in the coming financial years. The detailed financial figures and final earnings will be reported on 25 April 2024. End of Inside Information
06-Feb-2024 CET/CEST News transmitted by EQS Group AG. 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, AT0000A36HH9 |
Listed: | Vienna Stock Exchange (Official Market) |
EQS News ID: | 1830773 |
End of Announcement | EQS News Service |
|
1830773 06-Feb-2024 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.