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STRABAG SE Projects 6% EBIT Margin for 2024

STRABAG SE anticipates an EBIT margin approaching 6% for the 2024 fiscal year, according to a recent disclosure. The company predicts an output volume of approximately €19.2 billion, aligning closely with the previous year's performance.

The higher-than-expected earnings are attributed to positive developments in the North + West segment, notably in Germany. Mild weather conditions and successful agreements on supplementary claims from major projects contributed significantly. Additionally, reduced negative impacts in the international project business aided the margin improvement.

Final figures and 2025 guidance will be disclosed on February 13, 2025, as planned. This optimistic outlook reflects STRABAG SE's adaptive strategies and favorable external conditions.

R. P.

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