Bilfinger rises after 'optimistic' mid-term targets

Bilfinger SE

02/12/2025 08:08

** Shares in BilfingerGBFG.DE rise around 4% after the German industrial services provider announced upbeat mid-term targets until 2030

** It expects full-year 2030 EBITDA margin to be between 8% and 9%, and projects compound annual growth rate of 8-10% for revenue until then

** A local trader says the mid-term targets are even more optimistic than hoped

** However, the trader adds "Bilfinger might see some travel and arrive" despite the optimistic goals

** The stock is the top gainer on Germany's mid-cap index .MDAXi

(Reporting by Simon Ferdinand Eibach)

((Simonferdinand.eibach@thomsonreuters.com))