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New Strabag CEO vows to keep pushing for climate neutrality - Global Construction Review

Summary
Austria’s Strabag has appointed Stefan Kratochwill as its new chief executive with immediate effect following the sudden death of its former chief executive, Klemens Haselsteiner, on 17 January.
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globalconstructionreview.comglobalconstructionreview.com

Lower-risk projects see Hochtief’s profits soar in 2024 - Global Construction Review

German contractor Hochtief has seen a 20% increase in turnover to €33.3bn and a 48% rise in nominal net profit to €776m. Announcing its 2024 results, chief executive Juan Santamaría said the strong performance reflected its “leading positions in the growth markets of datacentres, advanced technology, energy and social infrastructure”. The company said it ended the year with an order book of €68bn, up €12.2bn year on year. It added that it had…

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iz.deiz.de

Construction group Hochtief earns significantly more in 2024

Highly low profits from the boom of the data centers and reports double-digit increases in sales, profit and order backlog for the year 2024.

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Consenso del MercadoConsenso del Mercado

News Ibex 35 Hochtief, German subsidiary of ACS, closes 2024 with an Ebitda +7% proforma, up to 1,881 M€

Intermoney Market Consensus Hochtief, the German subsidiary of ACS (Buy, PO 51 €) announced this Thursday with the market opened its annual results of 2024. In proforma terms, adjusted by the consolidation since May 24 of the mining unit Thiess, the revenues grew +10% to 33.300 Mn. The star was again Turner, which accelerated its growth to +19%, or 19.300 Mn. On the contrary, Cimic, which includes Thiess, yielded -3%, due to the incipient rotat…

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Consenso del Mercado broke the news in on Thursday, February 20, 2025.
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