Bilfinger Se Unsp/Adr (BFLBY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to our webcast on Bill Finger's full year and Q4 2025 results. My name is Martina Kalkarke, and I'm joined today by our group CEO, Thomas Schulz, and our group CFO, Matti Ecke. We will start with the presentation of the quarterly highlights and also the full year financials and then open up the call to your questions. You will be able to ask your questions via telephone by pressing star and one. And you will also be able to ask your questions via the chat and I will read them out as usual. During the presentation, all participants will be on a listen-on remote and the event will be recorded also as usual. Now I hand over to Thomas. Thank you very much, Martina. Hello everybody out of the sunny Mannheim here in Germany. When we look into the year 2025, we can say that we achieved all financial targets what we set out for the year. It was a year with clear market. Our market position expanded but in a very volatile environment. Our orders received went up 6%, revenues 8%, EBITDA margin up by 30 basis points and free cash flow significant up to 330 million euro. We propose a share increase from 240 to 280 euro per share. The outlook for 2026 we fix with 5.4 to 5.9 billion euro and the EBITDA 5.8 to 6.2%. On our list were in the last year acquisitions. We did three acquisitions and we announced one signing in that case for Turkey. When we then look into the targets a little bit more detailed, you see on the left side the revenue development, 24 full year to 25 full year. We achieved an 8% growth and a 4% organic. In EBITDA, we are up 13%. This proves that our system, our strategy with operational efficiency is actually working quite well. our free cash flow made a significant jump upwards from 189 to 330, which is a 75% i...