Strabag Shares Up 3.5% on Q1 Growth

Strabag shares jumped 3.5% after reporting Q1 output up 4% YoY despite adverse weather.
Order backlog expanded 18% YoY to €33.1 billion, driven by new contracts in the Americas, Austria, Czech Republic and Germany.
Workforce was increased in Poland, Germany and the Czech Republic to support the growing order book.
Strabag kept its 2026 guidance of €22 billion output, 5.0‑5.5% EBIT margin and capped net investments at €1.5 billion.