Austria's Strabag 2025 output rises 6%, order backlog up 24%

Strabag SE

12/02/2026 06:17

Overview

Construction services firm's 2025 output rose 6% to over €20 bln, a new milestone

Order backlog expanded 24% to over €31 bln, driven by growth markets

EBIT margin expected to exceed 6.5%, driven by major projects and mild weather

Outlook

Strabag expects 2026 output to reach around €22 bln

Company anticipates 2026 EBIT margin between 5% and 5.5%

Net investments in 2026 forecast at no more than €1,400 mln

Result Drivers

ACQUISITION IMPACT - Output growth partly driven by acquisition of Australia's Georgiou Group

STRATEGIC MARKETS - Order backlog growth driven by focus on mobility, energy, and water infrastructure

EBIT MARGIN BOOST - Higher EBIT margin due to major projects in Germany and mild weather conditions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Order Backlog
EUR 31 bln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy."

Wall Street's median 12-month price target for STRABAG SE is €87.00, about 6.4% below its February 11 closing price of €92.90

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nEQ2x9ck5a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)