Bilfinger SE (WBO:GBF)
€ 45.6 0.55 (1.22%) Market Cap: 1.71 Bil Enterprise Value: 1.70 Bil PE Ratio: 7.82 PB Ratio: 1.42 GF Score: 82/100

Bilfinger SE M&A Call Transcript

Sep 07, 2023 / 12:00PM GMT
Release Date Price: €33.1 (+3.76%)
Bettina Schneider
Bilfinger SE - Head of IR

Good afternoon, ladies and gentlemen. Welcome to Bilfinger's conference call on the acquisition of Fluor's Stork industrial services business. We know this invitation was in short notice. All the more, thank you for joining us today. My name is Bettina Schneider, and I'm here together with our Group CEO, Thomas Schulz; and our group CFO, Matti Jakel. (Operator Instructions) Please be aware that the conference call is being recorded.

With this, I would like to hand over to Thomas Schulz.

Thomas Schulz
Bilfinger SE - Chairman of Executive Board & CEO

Thank you, Bettina. Hello, everybody out of beautiful Manheim. Today, we would like to talk about the acquisition of Fluor's Stork industrial service business, predominantly in the Netherlands and Belgium through us, the Bilfinger Group.

First, the transaction highlights. This acquisition is a fantastic, perfect strategic fit and fully in line with that what we said at the Capital Market Day in February this year. We will add 2,700 skilled

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