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STRABAG SE (STRV.VI)

STRV.VI on Vienna Stock Exchange

32.03EUR
15 Dec 2017
Change (% chg)

€-0.47 (-1.43%)
Prev Close
€32.49
Open
€32.15
Day's High
€32.69
Day's Low
€32.01
Volume
25,532
Avg. Vol
11,288
52-wk High
€38.90
52-wk Low
€29.50

Latest Key Developments (Source: Significant Developments)

Strabag Confirms Targeted EBIT Margin Of At Least 3% For 2017 As Being Secured
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - STRABAG SE ::EXPECTS TO REALISE INCOME (BEFORE INCOME TAXES) OF A MID- RANGE DOUBLE-DIGIT MILLION-EURO AMOUNT IN 2017.CONFIRMS TARGETED EBIT MARGIN OF AT LEAST 3 % FOR 2017 FINANCIAL YEAR AS BEING SECURED.INCOME ON BASIS OF SETTLEMENT AGREEMENT IN RELATION WITH A FORMER PROJECT IN MIDDLE EAST REGION.  Full Article

Strabag SE 9-Mth ‍EBITDA Stable At EUR 448.43 Mln
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - STRABAG SE ::‍OUTLOOK 2017: EXPECTED OUTPUT VOLUME RAISED TO EUR 14.5 BILLION (PREVIOUSLY: ≥ EUR 14.0 BILLION)​.9-MONTH ‍EBITDA REMAINED STABLE AT EUR 448.43 MILLION AFTER EUR 450.39 MILLION​.9-MONTH ORDER BACKLOG AGAIN AT HIGH LEVEL: EUR 16.0 BILLION (+7 %).‍OUTLOOK 2017: EBIT MARGIN FORECAST REMAINS AT ≥ 3 %​.9-MONTH GROUP REVENUE GREW SLIGHTLY LESS STRONGLY THAN OUTPUT, GAINING 5 % TO EUR 9,357.28 MILLION.9-MONTH ‍NET INCOME OF EUR 78.24 MILLION (-25 %)​.  Full Article

Strabag ‍wins road construction contracts in Poland for EUR 170 million​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - STRABAG SE ::‍WINS ROAD CONSTRUCTION CONTRACTS IN POLAND FOR A TOTAL OF EUR 170 MILLION​.  Full Article

Strabag says service agreement of SPFS with Deutsche Telekom ends latest on June 30, 2019​
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - STRABAG SE ::‍SERVICE AGREEMENT OF STRABAG GROUP COMPANY SPFS WITH DEUTSCHE TELEKOM ENDS LATEST ON 30 JUNE 2019​.‍STRABAG PFS MUST UNDERGO A FUNDAMENTAL REORGANISATION​.‍DIRECTLY AFFECTED BY DECISION AROUND 3,300 EMPLOYEES WORKING EXCLUSIVELY FOR DEUTSCHE TELEKOM ACCOUNT​.‍WITH LOSS OF KEY CLIENT, STRABAG PFS MUST UNDERGO FUNDAMENTAL REORGANISATION​.‍STRABAG SE'S TARGETED EBIT MARGIN OF AT LEAST 3% FOR 2017 APPEARS AMBITIOUS​.‍AGAINST THIS BACKGROUND, STRABAG SE'S TARGETED EBIT MARGIN OF AT LEAST 3 % FOR 2017 APPEARS AMBITIOUS, YET WITHIN REACH​.‍STRABAG SE'S TARGETED EBIT MARGIN OF AT LEAST 3 % FOR 2017 APPEARS AMBITIOUS, YET WITHIN REACH​.‍ANNUAL REVENUE LOSS WON'T IMPACT TARGETS OF STRABAG SE GROUP UNTIL 2019​.  Full Article

Strabag SE order backlog at end of 2016 at record high
Wednesday, 15 Feb 2017 

Strabag Se : Order backlog at end of 2016 at record high of 14.8 billion euros ($15.62 billion) (+13 percent) . 2017 forecast: output volume to grow to at least 14.0 billion euros, EBIT margin ≥ 3 percent . Output volume in 2016 down 6 percent to 13.5 billion euros . While output volume should rise slightly in Poland, Czech Republic and in building construction business in Austria, Strabag expects only stable demand in Austrian transportation infrastructures segments and in Slovakia .Negative contributions to output volume, on the other hand, are again expected from the regional business in Switzerland.  Full Article

Strabag says squeeze-out of minority shareholders planned
Friday, 7 Oct 2016 

Strabag AG " : 100 percent unit of Strabag SE , Ilbau Liegenschaftsverwaltung AG, intends to implement a merger of Strabag AG (as the transferring legal entity) to Ilbau (as the assuming legal entity) .Squeeze-Out of minority shareholders planned.  Full Article

Strabag wins best bidder contest for widening of the A1 in Austria
Thursday, 6 Oct 2016 

Strabag SE : Wins best bidder contest for widening of the A1 in Austria . Order volume about 22 million euros ($24.64 million) .Planned completion date: May 2018.  Full Article

Strabag H1 earnings after taxes amounted to -32.97 mln euros
Wednesday, 31 Aug 2016 

Strabag SE : Generated an output volume of 5,677.32 million euros ($6.33 billion) in first half of 2016, corresponding to a decrease of 8 percent . H1 consolidated group revenue also lost 8 percent to settle at 5,312.15 million euros . Order backlog, on other hand, increased by 4 percent on June 30, 2016 versus first half of previous year to reach 15,413.25 million euros . H1 earnings before interest and taxes (EBIT) amounted to -20.78 million euros, 70 percent less deep in negative territory . In H1 a 61 percent increase in earnings before taxes (EBT) to -26.49 million euros . H1 earnings after taxes amounted to -32.97 million euros versus -61.47 million euros in comparison period . Expects a slightly lower output volume for 2016 .Confirms target of achieving a sustainable EBIT margin (EBIT/revenue) of 3 percent starting in 2016.  Full Article

Strabag unit Züblin to construct new Axel Springer building in Berlin
Wednesday, 24 Aug 2016 

Strabag SE : Strabag subsidiary Züblin to construct new Axel Springer building in Berlin .Züblin will realise the project as general contractor under the group’s teamconcept.  Full Article

Strabag unit to renovate rail line in Czech Republic
Tuesday, 9 Aug 2016 

Strabag SE : Strabag renovating rail line in Southern Czech Republic . Strabag Rail A.S., has been awarded a contract by the Czech Railway Infrastructure Administration to renovate the 46 km long rail line between Okříšky and Zastávka u Brna in the south of the country . Construction begins this summer and is to be completed by July 2017 .Infrastructure project with a value of about 34 million euros ($37.71 million) is being co-financed by the EU from the cohesion fund.  Full Article

Alpiq looks to sell assets to rein in debt - sources

* To offer majority stakes in 3 money-making businesses - sources