Stock Markets January 27, 2026

STRABAG Sees Stronger 2025 Profitability, Sets Minimum EBIT Margin Target of 6.5%

Higher output volume and favorable end-of-year conditions underpin an upgraded margin outlook ahead of full results on Feb 12

By Leila Farooq STRV
STRABAG Sees Stronger 2025 Profitability, Sets Minimum EBIT Margin Target of 6.5%
STRV

STRABAG SE said it now expects its EBIT margin for the 2025 financial year to be at least 6.5%, a significant improvement on its prior forecast. The Vienna-based construction and technology group reported an output volume of about €20.4 billion for 2025, driven by major projects in Germany and growth in its international infrastructure business. Management cited mild weather in Germany that allowed greater capacity utilization late in the year. Final initial figures and guidance for 2026 will be published on February 12.

Key Points

  • STRABAG forecasts an EBIT margin of at least 6.5% for the 2025 financial year, exceeding its prior forecast.
  • The group's reported output volume for 2025 was approximately €20.4 billion, about 6% higher than the prior year, driven by major German projects and international infrastructure work.
  • Mild weather in Germany toward year-end supported higher utilization of capacities; full initial figures and 2026 guidance will be released on February 12.

STRABAG SE announced on Tuesday that it now anticipates its EBIT margin for the 2025 financial year will reach at least 6.5%, a marked upgrade relative to its earlier guidance. The company said this stronger-than-expected outcome reflects robust operational performance across its portfolio of projects.

For 2025 the European construction services group recorded an output volume of approximately €20.4 billion, an increase of around 6% compared with the prior year. Management attributed the expansion in output primarily to positive contributions from several large-scale projects within Germany and from its international activities, with particular strength reported in the infrastructure segment.

STRABAG also pointed to weather-related benefits in Germany, noting that milder conditions late in the year enabled higher utilization of capacities - a factor the company said supported its improved margin outlook. The firm emphasized that the pattern of end-of-year capacity use resembled the experience from the previous year.

Headquartered in Vienna and described by the company as a technology group, STRABAG employs about 86,000 people. It operates across the full construction value chain - from planning and design through construction, operation, facility management and demolition - and does so through a network of subsidiaries spanning Europe and other continents.

STRABAG said it typically generates an annual output volume in the region of €19 billion through this global network. The company will publish its final initial figures for the 2025 financial year, together with guidance for 2026, on February 12.

The management board presented the updated margin expectation as part of its monitoring of project outcomes and capacity deployment across markets. The company signaled that the revision is rooted in tangible project results and utilization trends rather than changes in headline assumptions.


Contextual note - STRABAG's profile as a construction services and technology group, combined with its scale of operations and wide geographic footprint, means that developments in major projects and in weather conditions can have a meaningful impact on near-term output and margin performance. The company will provide more complete financial detail and forward guidance on February 12.

Risks

  • Final initial figures remain pending publication on February 12, creating short-term uncertainty about the complete financial picture.
  • Reliance on performance from a set of major projects and international infrastructure work leaves results sensitive to project execution and contract outcomes.
  • Operational outcomes were aided by mild weather in Germany late in the year, indicating that adverse weather could reduce capacity utilization and affect near-term margins.

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