on STRABAG SE (isin : AT000000STR1)
STRABAG SE Achieves Strong 2024 Performance Amid Market Challenges
STRABAG SE, a European technology group specializing in construction services, recorded its best financial performance to date in 2024. The company reported an output volume of €19.2 billion, a slight increase from the previous year, and a record order backlog of €25.4 billion, up 8% from 2023. Despite a mixed market environment, strong infrastructure momentum helped drive these results.
The company's financial health improved significantly, with EBIT exceeding €1 billion for the first time and an EBIT margin rising to 6.1%. Net income after minorities surged 31% to €823 million. Shareholders will benefit from a proposed dividend of €2.50 per share.
Looking ahead, STRABAG expects an output volume of €21 billion in 2025 with a target EBIT margin of at least 4.5%. The company's strategic diversification across segments and geography continues to bolster resilience against market fluctuations.
R. E.
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