Business Summary: STRABAG SE is an Austria-based construction company, that specializes in construction & civil engineering, transportation infrastructure, tunneling, and offers construction-related services. The Company operates in three segments: The North + West segment covers the construction activities in Germany, Poland, Benelux and Scandinavia, as well as the ground engineering, hydraulic engineering and offshore wind activities; the South + East segment comprises the railway structures activities, as well as the construction activities in Austria, Switzerland, Hungary, Czech Republic, Slovakia, Adriatic, Rest of Europe and Russia and neighboring countries and environmental technology, and the International + Special Divisions segment includes tunneling, services, real estate development and infrastructure development, as well as the construction materials business. Its subsidiaries include, among others, DIW Instandhaltung Ltd & Co KG and DIW Deutsche Industriewartung AG.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Strabag SE revenues decreased 3% to EUR7.46B. Net income increased 23% to EUR91.5M. Revenues reflect International-Special Divisions segment decrease of 18% to EUR1.37B, North-West segment decrease of 4% to EUR3.1B. Net income reflects Interest and similar income increase of 38% to EUR78.2M (income), Net income from investments increase of 38% to EUR29.7M (income).