• ED. ZÜBLIN AG
  • SERVICES
  • BIM 5D®
  • CENTRAL TECHNICAL DIVISION
  • TEAMCONCEPT
  • PRESS
  • CAREER
  • DE
Ed. Züblin AG | Newsroom

Welcome to
the Newsroom of
Ed. Züblin AG

Ed. Züblin AG | Newsroom
  • Home
  • Press releases
  • Media
    • Projects
    • Company
    • Innovation & Digitalisation
  • Events
  • Contact
Go
  •  0
    • 0 Files in Lightbox
  • EN
    • Deutsch
    • English

Use of image rights

Dear journalists and media professionals, welcome to our press area. Thank you for your interest in our information offerings about our company, our products and our services. The content presented here for your reporting needs is made available to you by Ed. Züblin AG, Albstadtweg 3, 70567 Stuttgart Germany. Use of the services implies that you agree to these terms of use.

These terms and conditions of use govern the use of the content provided online at https://newsroom.zueblin.de/. Access to the Ed. ZÜBLIN AG newsroom together with its functions and content shall be exclusively in accordance with the aforementioned terms and conditions. These conditions include the provisions on data privacy. By using the service and content provided, you confirm that you have read and accept these conditions.

Exclusive service for media and journalists

Our newsroom offers access to our press releases and news and provides the opportunity to download certain material (text, images, videos, sound bites, brochures). The content provided may be used free of charge. By using our newsroom, you agree to use the content and materials provided exclusively for the purpose of your professional editorial and journalistic activities. Unless otherwise agreed, the image material, data and information are only authorised for use by journalists and members of the press.

Usage rights and intended purpose

The content may be used under a simple usage right solely for the specified purpose relating to the content in question to which the respective material relates. Content may be downloaded free of charge and used within the context of reporting for the following purposes: press publications, publications in print media, publications by film and television, publication in online media, mobile media and multimedia publications. Any use beyond this for commercial purposes of any kind or for private use, including but not limited to advertising purposes, is not permitted and expressly prohibited.

Content and materials may be edited and changed as long as it remains clearly recognisable and no change is made to the content that favours a possible meaning other than that of the original content. The content may not be reproduced in any way that distorts the intended meaning. The material may not be altered in such a way that it becomes unrecognisable from the original.

Use of the content is only permitted for as long as the content is available in the newsroom and is limited to the scope of our company’s activities. Use of the content in an offensive or unlawful manner is not permitted and must be avoided.

Sharing and reproduction

The content may not be shared with and/or reproduced for third parties, unless this is absolutely necessary within the scope of the specified purpose. The electronic storage of image data, data transmission and any other reproduction is only permitted within the scope of the usual production processes and for the duration of the lawful and intended use. It is prohibited to use, store or download content by you or a third party as part of a service that is similar to or replaces the services offered by us.

Copyright, personality rights and legal notice

All content, as well as the design itself, is protected by copyright, personality rights and registered trademark rights as well as by other laws related to intellectual property rights.

All content displayed in the newsroom, such as text, images, videos, audio files, documents and other content offered in the system, is the property of our company, its licensors or external owners who provide content and are named in the system. When using photos, videos or other visual material, you must indicate the name of our company and, if available, the copyright notice, the name of the photographer and/or the name of the agency as well. This also applies to electronic publications.

Except in cases of deliberate intent or gross negligence, we accept no liability that the materials provided do not infringe the rights of third parties or conflict with competition law or other statutory provisions.

Provision of service and content

We make all reasonable efforts to ensure the continuous provision of the services and functions. However, we do not accept any liability for the availability of the content, nor for the access or functionality of the newsroom.

The content made available is provided without guarantee. We exclude any guarantee of completeness, satisfactory quality as well as suitability for a specific purpose of the content provided. Furthermore, we reserve the right to change all content provided in the newsroom without prior notice.

The content may contain links to other websites. We have no control over third-party websites and are not responsible for their content or for any loss or damage that you may suffer as a result of using such third-party websites.

Registration and access

Information provided during registration for the press distribution list or registration for the press login must be correct, up-to-date, truthful and complete. The information must be updated when necessary.

You agree to treat the access data provided to you as confidential and to inform us immediately in the event that it is lost. The security of your user identification is your responsibility. You are liable for any use of the services and content offered and any actions taken with your user identification until you have notified us of the loss and/or alleged misuse.

We reserve the right, at our sole discretion, to refuse your registration in the press distribution list or to block the registration for the press login, as well as not to allow access and/or use of the services and content offered.

Other conditions

We reserve the right to change these terms of use or to adapt these terms of use to the service, for example in order to take account of changes in the legal framework or changes to our services. We therefore ask you to regularly review the terms of use. Changes to the terms of use will be published directly on the website. An amendment to the terms of use will be published at the latest at the time of its entry into force and will not apply retroactively.

In the event that any individual provisions of these terms of use is or becomes invalid or contains a legal omission, the provision will be replaced by a valid provision that corresponds as closely as possible to the intended provision. The validity of the remaining provisions remains unaffected.

These terms of use are governed by the laws of the Federal Republic of Germany. The place of jurisdiction is, as far as permissible, Stuttgart.

Specimen copy

In the event that you write a report on the basis of the content provided, we would be delighted to receive a specimen copy of the publication free of charge at the following address or a link by e-mail:

Ed. Züblin AG
Albstadtweg 3
70567 Stuttgart
Germany
E-mail: presse@zueblin.de

Controller as defined by Article 18 (2) of the German State Media Treaty (Medienstaatsvertrag – MStV)”
Ed. Züblin AG
Birgit Kümmel
Corporate Communications
Tel. +49 221 824-2472
presse@zueblin.de


We hope that our press service can support you in your work and we look forward to your reporting.

  • Press releases /
  • Press releases
  • Alle
  • Text
  • Images
30.04.2021 | 1 Image

STRABAG SE: record order backlog, slight recovery of output volume in 2021

STRABAG road construction
STRABAG road construction

This press release has:

Press release Plain text

  • Output volume decline lower than expected, order backlog up by 5 % – new record at year’s end
  • EBIT margin at exceptionally high level of 4.3 %
  • After reduction for 2019: dividend of € 1.90 proposed for 2020 – highest since IPO
  • 2021 outlook: output slightly above previous year’s level, normalisation of EBIT margin to below 4.0 %

STRABAG SE, the publicly listed construction group, recorded a decline in output volume in the 2020 financial year, based on the high order backlog, however, the company is cautiously optimistic about the future. Earnings before interest and taxes (EBIT) also increased despite the Covid-19 crisis. With the simultaneously lower revenue, this results in an EBIT margin at the exceptional level of 4.3 %.

Thomas Birtel, CEO of STRABAG SE: “A definitive end to the pandemic is not yet in sight, but from today’s perspective we can say that our strategy and our business model have proven their worth. We therefore expect a slight increase in output in 2021, although the EBIT margin, our most important financial indicator, is likely to return to normal – especially given the currently observable price increases for construction materials.”

Output volume, revenue and order backlog

The STRABAG SE Group recorded a slightly smaller decline in output overall in the 2020 financial year than had been expected after the first six months: At € 15.4 billion, the output volume was 7 % below the record level from 2019. The consolidated group revenue amounted to € 14.7 billion, which corresponds to a decline of 6 %. The operating segments North + West contributed 51 %, South + East 32 % and International + Special Divisions 18 % to the revenue. The order backlog as at 31 December 2020 increased by 5 % to € 18.4 billion compared to the previous year.

Financial performance

The earnings before interest, taxes, depreciation and amortization (EBITDA) again topped the € 1.0 billion mark in 2020 with € 1,174.45 million. The EBITDA margin grew from 7.1 % to 8.0 %. The depreciation and amortisation expense was € 33.08 million higher at € 543.80 million as a result of the high investments in previous years.

The earnings before interest and taxes (EBIT) increased by 5 % to € 630.65 million, which corresponds to an EBIT margin of 4.3 % after 3.8 % in 2019. This development can be attributed to a combination of many positive factors, particularly in the transportation infrastructures business in the core markets, which outweighed the Covid-19-related burdens on earnings. Earnings growth was achieved in the North + West and South + East segments.

The net interest income improved by € 4.74 million to € -20.60 million due to lower interest expenses for personnel-related provisions, among other things. The negative exchange rate result of € 5.35 million was comparable to that of the previous year (2019: € -5.93 million).

The income tax rate remained stable year-on-year at 34.6 %. The net income amounted to € 399.06 million, an increase of 5 % compared to 2019. The earnings owed to minority shareholders amounted to € 3.84 million after € 6.86 million in the previous year. The net income after minorities for 2020 thus stood at € 395.22 million – an increase of 6 %. The earnings per share amounted to € 3.85 (2019: € 3.62).

Financial position and cash flows

The total of assets and liabilities, at € 12.1 billion, remained almost unchanged compared to the previous year. Equity reached € 4,108.22 million, exceeding the € 4 billion mark for the first time, which was reflected in an increase in the equity ratio from 31.5 % to 33.9 %. A net cash position was reported as usual on 31 December 2020. This figure increased significantly to € 1.7 billion in the face of low financial liabilities and increased cash and cash equivalents.

The cash flow from operating activities improved from € 1,075.94 million to € 1,279.66 million as a result of a higher cash flow from earnings and a higher reduction in working capital compared to the previous year. The expectation of a significant reduction in advance payments in 2020 and a concomitant increase in working capital to familiar levels once again failed to materialise.

The cash flow from investing activities was less negative, mainly due to the significantly lower investments in intangible assets and property, plant and equipment. Due to Covid-19, investments were temporarily suspended in spring 2020 as a precautionary measure.

The cash flow from financing activities showed a value of € -495.9 million after € -411.62 million in the previous year. This increase is due to a bond repayment with a higher volume than in the previous year as well as the payment of retained dividends to core shareholder MKAO “Rasperia Trading Limited”. Repayments of bank borrowings, by contrast, were down.

Outlook

STRABAG SE expects to achieve an output volume slightly above the previous year’s level in the 2021 financial year. This forecast is supported by the high order backlog. Following the extraordinary earnings situation in the past financial year, the situation should return to normal in 2021 with an EBIT margin of below 4.0 %.

Further details on the 2020 business figures will be announced by STRABAG SE's Chief Executive Officer, Thomas Birtel, and Chief Financial Officer, Christian Harder, at the virtual financial press conference taking place today, Friday, at 10:00 a.m.

Print page Send link

All contents of this press release as .zip:

Direct download

Release text (5424 Characters)

Plain text Copy release text

Images (1)

STRABAG road construction
STRABAG road construction
600 x 328 ©
File size: 328,8 KB | .PNG
| | All sizes
STRABAG road construction
STRABAG road construction

©

Contact

(01) Birgit Kümmel (englisch)
Birgit Kümmel
Head of Corporate Communications Germany/Benelux/Northern Europe
presse@strabag.com
+49 221 824-2472

(02) Sabine Appel (englisch)
Sabine Appel
PR-Manager
Corporate Communications
sabine.appel@strabag.com
+49 221 824-2159
STRABAG road construction

STRABAG road construction (. PNG )

Measures Size
600 x 328 328,8 KB
x Loading
Direct download
Save to lightbox

Data Protection Statement

Imprint

Legal Notice

Contact
Ed. Züblin AG | Albstadtweg 3 | D-70567 Stuttgart | Tel. +49 711 7883-0 | Fax +49 711 7883-390 | info@zueblin.de
SIGN UP
Subscribe to our press distribution list and receive all news from Ed. Züblin AG by e-mail:

Mailing list

Address

Ed. Züblin AG
Albstadtweg 3
70576 Stuttgart