Q2 2023 Bilfinger SE Earnings Call Transcript
Hello, everybody. Let us start directly with the key highlights. It was actually quite a positive quarter 2. Orders received, 1% plus, but especially with that what we had in quarter 1, quite a good growth for the first half of the year with more than 10%. Revenue increased by 6%, same is with the half year result where we are slightly higher with 7% growth. EBITA margin for the quarter, 3.9%, which is significantly above last year. Free cash flow, as expected, minus EUR 46 million. And regarding the market in all geographies in all industries, a positive development and a positive outlook. We are actually proud, proud in the name of all our employees, because the strategy and the strategy implementation shows first effect in the figures too, and we will go later on a little bit more into the details for that. Part of that is the Efficiency Program, which is well on track and will deliver that what we promised. The outlook for 2023 is confirmed.
If we then look to ESG, especially to the safety part. Safety is utmost important for
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