Slide 1: STRABAG SE demonstrates resilience and achieves best result to date
STRABAG SE demonstrates resilience and achieves best result to date Full-Year Results 2024 © Mango Fresh and Creative
Slide 2: Disclaimer
Disclaimer This presentation is made by STRABAG SE (the "Company“) solely for use at should not be interpreted as having been adopted or endorsed by the Company investor meetings and is furnished to you solely for your information. as being accurate. This presentation contains forward-looking statem
Slide 3: Stefan Kratochwill, CEO
Born 1977 in Vienna Studied engineering management and mechanical engineering at Vienna’s technical university (TU Wien) Joined the STRABAG Group as a trainee in 2003 With STRABAG for over 20 years: Most recently as central division head and managing director of the Group's construction equi
Slide 4: Management Board complete, 2030 strategy execution underway
Management Board complete, 2030 strategy execution underway Dipl.-Ing. Stefan Kratochwill Mag. Christian Harder Dipl.-Ing. (FH) Jörg Rösler Dipl.-Ing. Siegfried Wanker Dipl.-Ing. (FH) Alfred Watzl CEO CFO Member of the Management Board Member of the Management Board Member of the Management Board Ce
Slide 5: Highlights 2024
01 Highlights 2024 WORK ON PROGRESS
Slide 6: Key milestones achieved in strategy execution
1 HIGHLIGHTS 2024 Key milestones achieved in strategy execution Acquisition of Georgiou Group successfully closed in Q1 2025 GEOGRAPHICAL DIVERSIFICATION 1 Share of non-European business will almost double (to ~ 9%) Expansion to Australia Robust public investments going forward in Australia 2
Slide 7: STRABAG delivers its best result to date
HIGHLIGHTS 2024 STRABAG delivers its best result to date Output slightly above previous year € 19.2 bn Key markets & Middle East up; declines in Austria & Hungary as expected +1% vs. FY 2023 New record order backlog € 25.4 bn Growth in all core markets; Q4 confirms turnaround in residential construc
Slide 8: Resilience in a mixed market environment
HIGHLIGHTS 2024 Resilience in a mixed market environment € 823 mn Net income1) at all-time high +31% vs. FY 2023 Sustainable earnings growth remains key priority € 2.9 bn Net cash position further strengthened 2023: € 2.6 bn Strong cash and capital position reflects healthy balance sheet Sustainable
Slide 9: Strong infrastructure, improving building construction
HIGHLIGHTS 2024 Strong infrastructure, improving building construction Infrastructure Building construction Public vs. private STRABAG more than offsets Positive trends in First signs of a trend reversal Shift from private to public declining trends transportation infrastructures and civil eng
Slide 10: New projects reflect strategic priorities
HIGHLIGHTS 2024 New projects reflect strategic priorities N+W 1 N+W 2 S+E 3 Civil engineering works – German energy infrastructure 1 projects SuedOstLink and SuedLink Shipping lock replacement > € 1.1 bn 2 Kriegenbrunn in total ~ € 450 mn ~ € 297 mn Reconstruction and extension Germany Germany Slova
Slide 11: Financial Review 2024
02 milarclaverts) Review 2024 STRABAG WORK ON PROGRESS
Slide 12: Output and order backlog at record highs
FINANCIAL REVIEW 2024 Output and order backlog at record highs Output volume | € mn Output volume by region | % Output slightly above previous year +1% Strong growth in Poland and in the German 5 8 infrastructure and building solutions 19,139 19,239 17,735 Germany business Austria 49 Output also
Slide 13: Exceptionally high EBIT margin
FINANCIAL REVIEW 2024 Exceptionally high EBIT margin EBITDA | € mn EBIT | € mn Net income after minorities | € mn +16% 1,644 1,418 +21% 1,257 1,062 +31% 880 823 706 631 472 2022 2023 2024 2022 2023 2024 2022 2023 2024 EBITDA margin of 9.4% (2023: 8.0%) Depreciation and amortisation increased to
Slide 14: Robust and sustainable balance sheet
FINANCIAL REVIEW 2024 Robust and sustainable balance sheet Net debt (+) / Net cash (-) | € mn Cash position further strengthened Further increase in cash & cash equivalents Reduction in advance payments not yet materialised -449 -1,094 -1,335 -1,218 -1,144 -1,747 -1,937 -1,928 Equity ratio susta
Slide 15: Strong cash position maintained
FINANCIAL REVIEW 2024 Strong cash position maintained Cash development in | € mn Secure financial flexibility 1,387 CFO at upper end of multi-year average 3,724 3,450 750 354 11 Working capital nearly balanced, after unexpected reduction in previous year CFI as expected, more negative due to h
Slide 16: Operational Review 2024
03 Operational Review 2024 © STRABAG / Mineral / Oliver Indra 16
Slide 17: Strong performance across all operating segments
OPERATIONAL REVIEW 2024 Strong performance across all operating segments North + West South + East International + Special Divisions Share of Group 43 output volume | % 39 Share of Group output volume | % 17 Share of Group output volume | % Austria 8,240 7,502 Poland 3,269 Output volume | € mn Outpu
Slide 18: North + West: Germany drives backlog growth
OPERATIONAL REVIEW 2024 North + West: Germany drives backlog growth Key Indicators Performance 2024 € mn 2024 2023 Δ% Output volume Output volume 8,240 8,217 0 − strong German infrastructure and civil engineering business Revenue 7,221 7,280 -1 − weak residential construction market in Germany Ord
Slide 19: South + East: Strong order growth in CEE and SEE
OPERATIONAL REVIEW 2024 South + East: Strong order growth in CEE and SEE Key Indicators Performance 2024 € mn 2024 2023 Δ% Output volume Output volume 7,502 7,742 -3 − declines as expected in Austria (weak residential construction market) Revenue 7,124 7,344 -3 and Hungary (public investment freez
Slide 20: International + Special Divisions: Building solutions up significantly
OPERATIONAL REVIEW 2024 International + Special Divisions: Building solutions up significantly Key Indicators Performance 2024 € mn 2024 2023 Δ% Output volume Output volume 3,269 2,957 11 − largest increases in Germany (real estate development and tunnelling) Revenue 3,059 2,984 3 − output growth
Slide 21: Share & Outlook 2025
04 Share & Outlook 2025 STRABAG WORK ON PROGRESS
Slide 22: STRABAG on the capital markets
SHARE & OUTLOOK 2025 STRABAG on the capital markets STRABAG share price development Shareholder structure | April 2025 225% STRABAG ATX STOXX 2.4 12.6 Raiffeisen/UNIQA 31.9 Haselsteiner Family1) 175% MKAO2) „Rasperia 24.1 in % Trading Limited“ 125% Free float Treasury shares 29.0 75% STRABAG SE 17.4
Slide 23: Significant increase in output expected for 2025
SHARE & OUTLOOK 2025 Significant increase in output expected for 2025 In 2024, we again demonstrated our financial strength and achieved the Output volume best results in our company history. Based on high order backlog and expected contributions from acquisitions ~ € 21 bn A record order backlog wi
Slide 24: Financial calendar 2025
SHARE & OUTLOOK 2025 Financial calendar 2025 April June November Annual and Sustainability Report 2024 Annual General Meeting 2025 Trading Statement Publication 7:00 a.m. CEST Begin 10:00 a.m. CEST January-September 2025 Investor and analyst Publication 7:00 a.m. CET conference call 3:00 p.m. CEST 1
Slide 25: Contact
Contact Marco Reiter Head of Investor Relations marco.reiter@strabag.com Asmir Music Investor Relations Manager asmir.music@strabag.com Natascha Schulz Investor Relations Manager natascha.schulz@strabag.com investor.relations@strabag.com +43 800 880890 strabag.com STRABAG SE Donau-City-Str. 9 1220 V
Slide 26: Annex
STRABAG WORK ON PROGRESS
Slide 27: Consolidated income statement (excerpt)
ANNEX Consolidated income statement (excerpt) € mn 2024 2023 Δ% Output volume 19,238.80 19,139.14 1 Revenue 17,422.22 17,666.54 -1 Changes in inventories/own work capitalised 221,16 161.69 37 Other operating income 258.64 302.31 -14 Construction materials, consumables and services used -10,463.01 -1
Slide 28: Consolidated statement of financial position (excerpt)
ANNEX Consolidated statement of financial position (excerpt) Assets Equity and liabilities € mn 31.12.2024 31.12.2023 € mn 31.12.2024 31.12.2023 Goodwill and other intangible assets 585 524 Share capital 118 103 Rights from concession arrangements 432 453 Capital reserves 1,732 1,748 Retained earnin
Slide 29: Developments following Russia's invasion of Ukraine (1/3)
ANNEX Developments following Russia’s invasion of Ukraine (1/3) Mar. 2022 Haselsteiner family foundation terminates the former syndicate agreement of 2007 – with UNIQA Group, Raiffeisen Group and MKAO “Rasperia Trading Limited” (Rasperia) – as of 31.12.2022 Apr. 2022 EU sanctions against Oleg Deripa
Slide 30: Developments following Russia's invasion of Ukraine (2/3)
ANNEX Developments following Russia’s invasion of Ukraine (2/3) Feb. 2023 Anticipatory mandatory offer completed 2.7%1) tendered for sale, acquired by STRABAG SE (shown as treasury shares) Jun. 2023 Capital measures to reduce share of Rasperia to below 25% unanimously adopted by the 19th AGM Dec. 20
Slide 31: Developments following Russia's invasion of Ukraine (3/3)
ANNEX Developments following Russia’s invasion of Ukraine (3/3) Jun. 2024 Rasperia and Iliadis JSC sanctioned by EU following the described transaction Sep. 2024 Capital measures to reduce the stake held by Rasperia from around 27.8% to around 24.1% became legally effective and binding Sep. 2024 STR