Porr Ag · VIE:POS
Porr — Q1-3 2025 Earnings Presentation
12 slides from Porr's earnings presentation, Nov 20, 2025
Slide 1: Investor Presentation Q1-3/25
V4 Investor Unternehmenspräsentation Presentation Q1-3/25 November März 2024 2025
Slide 2: Disclaimer
DISCLAIMER • This presentation was prepared by PORR AG (the "Company") solely for use at investors’ meetings and is United States, and the securities of the Company have not been and will not be registered under the provided solely for informational purposes. A distribution of this document is not p
Slide 3: Q1-3/25 at a Glance
Q1-3/25 AT A GLANCE 1 Continued upturn in construction Civil engineering as growth driver 4 Higher cash position Lower net debt (-8.6% yoy) 2 Record order backlog at EUR 9.6 bn (17.2%) +26.7% in order intake 5 Increase in equity Equity ratio at 20.1% 3 6 Outlook 2025 concretised Further improvement
Slide 4: Improving Outlook
IMPROVING OUTLOOK TURNAROUND IN FULL SWING Annual construction growth rates 2026 investments in DE vs. AT (in EUR bn) 4.8% 4.4% 21.3 2.1 8.8 6.0 2.7 2.0% 2.3% 0.5 RRF: investments in healthcare, 26.7 5.6 2026e 2027e 2026e 2027e education, energy Euroconstruct-19 Euroconstruct-CEE & digital transitio
Slide 5: Growing Backlog
GROWING BACKLOG DESIGN & BUILD ON THE RISE Order backlog (in EUR m) 8,701 9,606 7,863 8,198 62% 54% 29% 25% 13% 7% 4% 6% C+ / Prime Segment Q1-3/22 Q1-3/23 Top 10 % derQ1-3/25 Q1-3/24 Branche Miscellaneous Residential Non-residential Civil engineering ▪ All-time high in order backlog with +17.2% ▪ S
Slide 6: Next Level Order Intake
NEXT LEVEL ORDER INTAKE CONTINUED INCREASE Order intake (in EUR m) 6,048 5,298 4,617 4,773 42% 52% 16% 13% 17% 13% 11% 17% 2% 8% 8% C+ / Prime Segment Q1-3/22 Q1-3/23 Q1-3/24 Top 10 % derQ1-3/25 Branche Holding Infra CEE PL DE AT / CH ▪ Positive momentum in the construction industry ▪ Stronge increa
Slide 7: Top Order Intakes 2024/25
TOP ORDER INTAKES 2024/25 Civil engineering Other Non-residential construction Residential construction Q4/24 Q1/25 Q2/25 Q3/25 • D0, Běchovice – D1 • GIG - Community school • Design & Build Railway • LK108 Railway Jasło – motorway Insel Gartenfeld Craiova - Caransebeș Nowy Zagórz Prague / CZ / 194.
Slide 8: High-Level Output
HIGH-LEVEL OUTPUT SOLID DEVELOPMENT Production output per segment (in EUR m) 4,801 5,020 4,986 4,525 44% 53% 55% 14% 23% 14% 12% 14% 14% 10% 10% 3% 9% 1% 9%8% Q1-3/22 Q1-3/23 Q1-3/24 Q1-3/25 Holding Infra CEE PL DE AT / CH ▪ Temporary decrease due to design and build phase of major new order intakes
Slide 9: Margin Improvement
MARGIN IMPROVEMENT DELIVERED AS PROMISED EBIT (in EUR m) EBIT (in % of revenue) 108.1 91.9 78.0 2.3% 71.0 2.0% 1.7% 1.7% Q1-3/22 Q1-3/23 Q1-3/24 Q1-3/25 ▪ Efficiency gains in other related services and personnel expenses ▪ Clear focus on own construction work ▪ +21.2% in EPS to EUR 1.43 PSL SÜD Pegg
Slide 10: Seasonal Cash Flow from Operations
SEASONAL CASH FLOW FROM OPERATIONS NET DEBT FURTHER REDUCED Cash flow from operations (in EUR m) Net debt (in EUR m) 336 307 One-off IFRS 16 long-term effects: 375 office rentals: EUR 37m 252 287 276 EUR 243m 1 EUR 236m -47 2 -66 -51 2022 2023 2024 2025 -40 3 Quarters Full-year 2023 Q3/2024 2024 Q3/
Slide 11: Increase in Equity
INCREASE IN EQUITY DESPITE HYBRID REDEMPTION Equity (in EUR m) and equity ratio (in %) 894 897 860 836 24% 18% Hybrid share: 25% 29% 21.1% 20.8% 20.1% 19.5% C+ / Prime Segment Top 10 % der Branche 2023 Q1-3/24 2024 Q1-3/25 ▪ Y-o-y improvement in equity ratio of +0.6 PP ▪ Redemption of hybrid bond in
Slide 12: Outlook 2025
OUTLOOK 2025 Revenue EUR 6.2 bn – EUR 6.3 bn EBIT EUR 180m – EUR 190m 2030 EBIT margin 3.5% - 4.0% Investor Presentation 20.11.2025 I Page 12