Bilfinger Revises 2026 Outlook and Launches "Agile" Program

Bilfinger SE has revised its financial outlook for 2026 due to lower-than-expected business performance, impacted by ongoing geopolitical uncertainties. As a response, the company has initiated the "Agile" program to enhance flexibility in adapting to market shifts.

The revised revenue projection for 2026 now stands between €5.3 and €5.7 billion, down from the previous estimate of €5.4 to €5.9 billion. The expected EBITA margin has been adjusted to 3.2-3.6%, compared to the earlier forecast of 5.8-6.2%. With adjustments from "Agile" considered, the margin is projected at 4.6-5.0%.

Bilfinger anticipates the program's one-off costs to impact earnings by about €75 million. However, starting 2028, "Agile" is expected to contribute roughly €75 million annually.

The company's mid-term targets for 2030 remain unchanged, aiming for an annual revenue growth of 8-10% with an EBITA margin of 8-9%.