Bilfinger Se Unsp/Adr (BFLBY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to Bilfinger's q two twenty twenty six results webcast. My name is Martina Karlkacke, and I'm here today with our CEO, doctor Thomas Scholz, and our CFO, Matti Eckle. We will start with a presentation today on the quarterly highlights and then open the call for your questions. You can ask your questions via telephone by pressing star and one on your keypad or via chat in the webcast as usually. During the presentation, all participants will be in listen only mode and the event will be recorded. I will now hand over to Thomas. Thank you. So hello, everybody. Welcome to our Q2 twenty twenty six result here out of Mannheim in Germany. Let's start with the highlights. We had actually quite a good order intake in the Q2 with around EUR 1,500,000,000, and that in a quite volatile market environment, especially with the Iran war. Our revenue has a quite good run rate, and we foresee that definitely with more dynamic positive dynamic towards the second half and the end second half of this year and then, of course, the end of this year. Our EBITA was not on the level as expected and actually moved down to 5.3%. Our earnings per share is up to €1.47 which is quite a nice improvement. And the cash flow for the market situation with the Iran war is to €48,000,000 quite a good one. Our outlook is confirmed, especially on the revenue where we see quite a dynamic in it and on the EBITA margin at the lower end of the range, but of course, within the range. And from the April 1 on, our M and A Technicon is included in the figures. Before we go into the market and different business analytics and so on, something which is very important for us. It is the safety of the people we work with, our own people, suppliers, customers. And again...