Bilfinger Se Unsp/Adr (BFLBY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, a very warm welcome to a Billfinger's second quarter 2025 Results Conference Call. My name is Yasmin Denz and I'm joined today by Thomas Schulz, our Group CEO, and Matti Jekyll, our Group CFO. As always, all documents related to our Q2 reporting have been made available on our website. As usual, we will start our webcast with the presentation on the quarterly highlights, the current market environment and our financials, and then open the webcast for your questions. You will then be able to ask questions by pressing star and 1 on your telephone keypad or via the chat function. At this time, all participants have been placed on a listen-only modus. The webcast will be recorded and I will now hand over to our CEO. Thomas, please, the floor is yours. Thank you, Jasmin. Hello everybody out of the very warm Mannheim here in Germany. Let us start with the highlights for the quarter two. It was a quite successful quarter and we were in the order received 18% up, organically 16% up. Actually the highest order intake for most likely all time. When we look into the revenue, it's 4% up, organically 2%. And the EBITDA margin developed itself from 5.4 to 5.5. But here we had in last year a special effect in it with the badwill of 10 million. So we actually compare with an increase of 90 basis points. The cash flow is more than double. It's a 103% growth. And we of course confirm the outlook and as always we confirm the midpoints of the outlook. All that what I just said for our performance in quarter two is in a very volatile market and we see for our business quite a stable development. On top of it, because it's part of our vision, it's part of our business model, it's the core of our strategy, the efficiency and sustainability, we got the net zero targets...