Brief: Hochtief Raises 2026 Outlook, H1 Profit Up 35%
27/07/2026 13:06
BRIEF-Hochtief Raises 2026 Outlook, H1 Profit Up 35% July 27 (Reuters) - HOCHTIEF AG HOTG.DE:
RAISES 2026 PROFIT GUIDANCE
HY26 OPERATIONAL NET PROFIT UP 35% TO EUR 480M
OPERATING CASH FLOW EUR 2.4BN LTM
BACKLOG UP 23% TO RECORD EUR 84.8BN
NEW ORDERS OF EUR 31.5 BILLION
SALES INCREASED 10% TO EUR 20.1 BILLION
NOW EXPECTS OPERATIONAL NET PROFIT OF EUR 1,025 MILLION TO EUR 1,100 MILLION IN 2026
NET CASH POSITION OF EUR 1.5 BILLION
AT TURNER, OUTLOOK FOR 2026 OPERATIONAL PROFIT BEFORE TAX IS US$1,400 TO US$1,460 MILLION, AN INCREASE OF 35% TO 40%
Further company coverage: HOTG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 587785269;))
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