Order backlog reached €10 bn, up 13.5% year‑on‑year and 4.9% sequential from Q4 2025.
Q1 order intake rose 14.7% to €1.77 bn; Poland contributed €331 m versus €161 m a year earlier.
First‑quarter EBIT was €14.3 m (+13.1%) with margin 1.1% (up from 1%); EBITDA €66.8 m (+3%); revenue €1.25 bn (‑1.5%).
Book‑to‑bill improved to 1.4× (Q4 2025 1×); Austria/Switzerland 1.9× despite a 26.8% drop in production output; Poland 1.5×.
Production output was €1.30 bn (+2.3%); cross‑border tunnelling was a standout performer; average staffing fell 1% to 19,939.
Civil engineering accounts for 60.6% of the backlog, residential construction 7.5%; data centres, healthcare infrastructure and educational facilities were cited as emerging growth drivers.
CEO Karl‑Heinz Strauss said the backlog exceeds one year’s output and reiterated a 2030 EBIT margin target of 3.5‑4% and moderate growth guidance, stopping short of an upgrade.
The company expects no significant burden on project margins from material or energy costs, citing contractual pass‑through clauses, active risk management and hedging measures, despite heightened global uncertainty.
