• Output up 12%, reaching € 10 billion at half-year mark for first time
• Order backlog at record level of € 36 billion, plus of 27%
• EBIT of € 174 million (+35%), net income at € 119 million (+25%)
• 2026 guidance raised: output close to € 23 billion, EBIT margin of 5.5–6%

While road construction projects got off to a later start in the first quarter due to the cold weather, momentum picked up significantly in the second quarter, allowing us to report output of € 10 billion at the half-year mark for the first time. Strong demand for infrastructure construction, particularly in Germany and in our international markets, drove the order backlog to a new record of € 36 billion. At the same time, our profitable growth continues, resulting in a further increase in earnings. On this basis, we are raising our guidance for the 2026 financial year.

Stefan Kratochwill CEO of STRABAG SE