Aug 30, 2024 / 08:00AM GMT
Klemens Haselsteiner - STRABAG SE - Chief Executive Officer, Member of the Management Board
Ladies and gentlemen, good morning from me as well. I will start on slide 5. Parts of the European construction industry remained challenging in the first half of the year, and this is especially true for Austria. By segment, we have not seen a turnaround in residential construction yet. In contrast, we are seeing continued solid demand for infrastructure and civil engineering projects across different geographies. In this environment, we can look back on a successful first half of 2024.
Even if the output volume has only increased slightly, we can report the highest figure ever recorded in the first six months of the year. We saw a dynamic development when it comes to the order intake where we were able to successfully acquire infrastructure energy transition and refurbishment projects, in particular in Europe and in the Americas region. The growth of our order backlog reflects this development. At the end of June, the backlog exceeded the EUR25 billion mark for the first time, a plus of 7% compared to the
Half Year 2024 STRABAG SE Earnings Call Transcript
Aug 30, 2024
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