STRABAG SE Begins New Year with Record Order Backlog

STRABAG SE, a leading European technology group for construction services, announced a record-breaking start to the 2024 financial year. 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, marking an 8% rise compared to 2023.

Key growth areas included Poland, Germany, Italy, and the Middle East, despite declining outputs in Austria and Hungary. The order backlog saw significant increases in Germany, Poland, Austria, Slovakia, and Romania, though the UK saw a decline due to project completions. Notably, Germany secured major projects related to energy transition and infrastructure.

STRABAG SE employed an average of 78,174 full-time employees in 2024, reflecting a 1% increase. Looking ahead, the company anticipates a rise in output to around €21 billion in 2025 and aims for an EBIT margin of ≥ 4.5% amid continued strategic acquisitions.