Investor Relations Company Presentation
150
YEARS
We are building the world of tomorrow.
A HOCHTIEF
HOCHTIEF Group - 9M 2023 key figures
9M
2023
9M
2022
A 9M
in %
A 9M
in EURM
Q3
2023
Q3
2022
A Q3
in %
LTM
9M 2023
FY
2022
(EUR million)
Sales
Operational profit before tax/PBT
20,361.9
19,123.6
6.5%
1,238.3
7,346.3
7,179.2
2.3%
27,457.6
26,219.3
571.7
546.1
4.7%
25.6
Operational PBT margin in %
2.8
2.9
-0.1
179.5
2.4
178.4
2.5
0.6%
-0.1
758.7
Operational net profit
403.1
380.7
5.9%
22.4
133.1
131.3
1.4%
2.8
543.9
733.1
2.8
521.5
Operational net profit margin in %
2.0
2.0
0.0
1.8
1.8
Operational earnings per share (EUR)
5.36
5.36
0.0%
0.00
1.77
1.75
0.0
1.1%
2.0
2.0
7.24
EBITDA
EBITDA margin in %
907.9
863.3
5.2%
44.6
309.3
308.0
4.5
4.5
0.0
4.2
4.3
0.4%
-0.1
1,229.1
4.5
1,184.5
4.5
EBIT
EBIT margin in %
Profit before tax / PBT
Tax rate (taxes / PBT in %)
Minority interest
681.6
617.7
10.3%
63.9
227.2
213.1
6.6%
904.6
840.7
3.3
3.2
0.1
3.1
3.0
0.1
3.3
3.2
536.0
502.2
6.7%
33.8
164.2
161.7
0.0
711.0
677.2
25.9
26.1
-0.2
22.8
26.0
-3.2
24.0
-16.3
-15.9
-0.4
-7.7
-4.7
-33.2
Net profit
380.9
355.4
7.2%
25.5
119.0
115.0
3.5%
507.3
481.8
Earnings per share (EUR)
5.06
5.00
1.2%
0.06
1.58
1.53
3.3%
6.68
Cash flow from operating activities pre-factoring
*
208.3
121.7
71.2%
86.6
194.1
58.7
230.7%
1,298.4
1,211.8
Cash flow from operating activities *
216.1
149.3
44.7%
66.8
73.5
-4.7
Net operating capital expenditure
157.4
108.1
45.6%
49.3
54.2
45.3
1,663.8%
19.6%
1,354.2
1,287.4
213.3
164.0
Free cash flow from operating activities pre-factoring
50.9
13.6
274.3%
37.3
139.9
13.4
944.0%
1,085.1
1,047.8
Free cash flow from operating activities *
Free cash flow pre-factoring
Net cash/net debt
New orders
Work done
Order backlog like-for-like
58.7
41.2
42.5%
17.5
19.3
-50.0
48.7
-87.4
155.7%
136.1
129.0
-27.5
138.6%
569.1%
1,140.9
1,123.4
918.4
782.3
-68.2
-225.9
69.8%
157.7
-68.2
-225.9
69.8%
353.6
27,844.0
22,702.2
56,072.4
20,874.6
21,159.3
52,791.0
33.4%
7.3%
6.2%
6,969.4
1,542.9
3,281.4
9,766.6
8,136.7
56,072.4
6,476.3
7,825.0
50.8%
37,036.0
30,066.6
52,791.0
4.0%
6.2%
30,730.1
29,187.2
51,404.0
Direct employees (end of period)
41 058
36 800
11.6%
4 258
41 058
36 800
11.6%
36 858
= Cash flow figures underlying, i.e. excluding one-off payments at CIMIC (for legacy project CCPP) and at HOCHTIEF Europe (final payment for legacy Chilean project)
4View entire presentation