Business
Bilfinger : Press Release (2026 05 13 PM Q1 2026 EN)
Bilfinger : Press Release (2026 05 13 PM Q1 2026
About this update from Bilfinger Se
Press Release May 13, 2026 Financial results Q1 2026 Profitable growth despite weather-related effects and geopolitical tensions - outlook for 2026 confirmed Market: stable demand in volatile market environment with adverse weather conditions Orders received €1,208 million: decrease of -5% (-6% organically, PY: €1,271 million); book-to-bill ratio of 0.92 Revenue €1,312 million: solid growth of +4% (+3% organically, PY: €1,267 million) EBITA margin 4.6%: slightly above prior year, as expected (PY: 4.5%) Free cash flow €21 million: significantly below prior year due to one-time payment last year and weather-related postponements (PY: €109 million) Net profit €37 million / earnings per share €0.99: significant increase (PY: €32 million / €0.84) Outlook 2026 confirmed: revenue €5.4 - €5.9 billion, EBITA margin 5.8 - 6.2%, free cash flow €250 - €300 million Industrial services provider Bilfinger started with profitable growth into the new financial year despite seasonal effects and geopolitical tensions. Bilfinger generated revenue of €1,312 million in the first quarter, exceeding the prior-year figure by 4 percent, even though the start was slowed by the effects of weather-related postponements. Orders received were 5 percent down on the prior year, at €1,208 million. This is mainly due to the conflict in the Middle East, which is also impacting customer investment decisions in European process industries. The EBITA margin, at 4.6 percent, was slightly above the prior-year level, as expected (PY: 4.5 percent). At €21 million, free cash flow was significantly below the prior-year figure (PY: €109 million), which was affected by a large one-time payment in the first quarter of 2025. In addition, weather-related postponements of work in the first quarter led to delays in incoming payments. Bilfinger expects business performance to gain momentum in the second half-year and confirms the outlook for the 2026 financial year, with revenue of €5.4 to €5.9 billion, an EBITA margin of 5.8 to 6.2 percent and free cash flow of €250 to €300 million. Market affected by geopolitical tensions and seasonal effects Bilfinger's target markets showed a stable overall trend. With no end in sight, the ongoing conflict in the Middle East is affecting market trends in two ways. Firstly, the armed conflict is dampening business activity in the region. Secondly, companies in Europe are...