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Bilfinger's orders surge for second quarter
The industrial services group said third-quarter orders rose 25% to €1.2 billion and backlog topped €3.6 billion, while revenue slipped slightly.
- Bilfinger recorded €1.2bn in new orders during the third quarter, a 25 per cent increase compared to last year and one of the highest quarterly order intake figures achieved over the past decade.
- Despite the order growth, Gross profit fell to €102m from €117m in the same quarter of 2025, while The EBITA declined to €47m from €60.8m due to lower utilization and reduced demand for complex services.
- Bilfinger launched Program Agile to improve market responsiveness, incorporating capacity adjustments and resource sharing. The company estimates the initiative will contribute around €56m in annual earnings from 2028 onwards.
- Thomas Schulz, Bilfinger Group CEO, said "2026 is a challenging year for Bilfinger," noting strong order intake demonstrates demand for efficiency and sustainability services. Schulz acknowledged the months ahead will be demanding for the organization.
- Bilfinger reaffirmed its 2026 outlook and medium-term targets for 2030, including average annual revenue growth of 8 per cent to 10 per cent and an EBITA margin of 8 per cent to 9 per cent. The company continues to see opportunities across core end markets including energy, oil and gas, and chemicals.
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Bilfinger Q3 Earnings Call Highlights
Bilfinger (ETR:GBF) reported a decline in third-quarter revenue and profitability as customers delayed investment and maintenance work, leaving parts of the industrial services provider’s workforce underutilized. The company reaffirmed its reduced 2026 outlook despite a 25% increase in orders. Reve
·Sioux Falls, United States
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Lancaster Guardian+17 Reposted by 17 other sources
Bilfinger sees orders surge for second consecutive quarter
The industrial services provider reported one of its strongest order intake performances of the past decade during the third quarter, driven by demand from the energy sector despite ongoing market uncertainty.
·Lancaster, United Kingdom
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Coverage Details
Total News Sources62
Leaning Left4Leaning Right0Center51Last UpdatedBias Distribution93% Center
Bias Distribution
- 93% of the sources are Center
93% Center
C 93%
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