Investor Relations Business figures
Business figures
Please find below an overview of our current financial figures.
Interim Report January to September 2018
The HOCHTIEF Group: Key Figures*
| (EUR million) | 9M 2018 | 9M 2017 | Change | Q3 2018 | Q3 2017 | Change | Full year 2017 |
|---|---|---|---|---|---|---|---|
| Sales | 17,402.1 | 16,533.8 | 5.3% | 6,199.1 | 5,516.1 | 12.4% | 22,631.0 |
| Operational profit before tax/PBT1) | 703.1 | 628.8 | 11.8% | 249.2 | 229.9 | 8.4% | 865.8 |
| Operational PBT margin1) (%) | 4.0 | 3.8 | 0.2 | 4.0 | 4.2 | -0.2 | 3.8 |
| Operational net profit1) | 368.6 | 320.4 | 15.0% | 131.4 | 119.8 | 9.7% | 452.3 |
| Operational earnings per share (EUR)1) | 5.74 | 4.99 | 15.0% | 2.04 | 1.86 | 9.7% | 7.04 |
| EBITDA | 1,040.9 | 998.0 | 4.3% | 366.8 | 332.9 | 10.2% | 1,320.8 |
| EBITDA margin (%) | 6.0 | 6.0 | 0.0 | 5.9 | 6.0 | -0.1 | 5.8 |
| EBIT | 754.5 | 704.4 | 7.1% | 263.0 | 240.6 | 9.3% | 925.1 |
| EBIT margin (%) | 4.3 | 4.3 | 0.0 | 4.2 | 4.4 | -0.2 | 4.1 |
| Profit before tax/PBT | 736.0 | 607.5 | 21.2% | 289.8 | 221.8 | 30.7% | 823.6 |
| Net profit | 402.8 | 302.8 | 33.0% | 173.9 | 113.7 | 52.9% | 420.7 |
| Earnings per share (EUR) | 6.27 | 4.71 | 33.1% | 2.71 | 1.77 | 53.1% | 6.55 |
| Net cash from operating activities | 519.1 | 462.9 | 12.1% | 246.5 | 232.2 | 6.2% | 1,372.1 |
| Net operating capital expenditure | 278.8 | 225.8 | 23.5% | 115.3 | 74.8 | 54.1% | 251.8 |
| Free cash flow from operations | 240.3 | 237.1 | 1.3% | 131.2 | 157.4 | -16.6% | 1,120.3 |
| Net cash (+)/net debt (-) | 1,289.8 | 507.9 | 153.9% | 1,289.8 | 507.9 | 153.9% | 1,265.8 |
| New orders | 19,188.9 | 21,402.8 | -10.3% | 6,347.4 | 7,662.4 | -17.2% | 30,443.5 |
| New orders LTM | 28,229.6 | 27,252.9 | 3.6% | 28,229.6 | 27,252.9 | 3.6% | 30,443.5 |
| Work done | 18,648.9 | 18,004.3 | 3.6% | 6,607.6 | 6,030.9 | 9.6% | 24,518.4 |
| Order backlog | 45,281.1 | 42,868.3 | 5.6% | 45,281.1 | 42,868.3 | 5.6% | 44,644.2 |
| Employees (end of period) | 56,437 | 54,629 | 3.3% | 56,437 | 54,629 | 3.3% | 53,890 |
*All figures are nominal unless otherwise indicated
1) Operational profit are adjusted for one-off items, figures are not f/x-adjusted
EBITDA und EBIT restated
Half-year Report January to June 2018
The HOCHTIEF Group: Key Figures*
| (EUR million) | H1 2018 | H1 2017 | Change | Q2 2018 | Q2 2017 | Change | Full year 2017 |
|---|---|---|---|---|---|---|---|
| Sales | 11,203.0 | 11,017.7 | 1.7% | 5,936.8 | 5,868.7 | 1.2% | 22,631.0 |
| Operational profit before tax/PBT1) | 453.9 | 398.9 | 13.8% | 246.4 | 204.6 | 20.4% | 865.8 |
| Operational PBT margin1) (%) | 4.1 | 3.6 | 0.5 | 4.2 | 3.5 | 0.7 | 3.8 |
| Operational net profit1) | 237.2 | 200.6 | 18.2% | 130.9 | 107.3 | 22.0% | 452.3 |
| Operational earnings per share (EUR)1) | 3.69 | 3.12 | 18.3% | 2.04 | 1.67 | 22.2% | 7.04 |
| EBITDA | 674.1 | 665.1 | 1.4% | 365.2 | 339.8 | 7.5% | 1,320.8 |
| EBITDA margin (%) | 6.0 | 6.0 | 0.0 | 6.2 | 5.8 | 0.4 | 5.8 |
| EBIT | 491.5 | 463.8 | 6.0% | 265.0 | 232.5 | 14.0% | 925.1 |
| EBIT margin (%) | 4.4 | 4.2 | 0.2 | 4.5 | 4.0 | 0.5 | 4.1 |
| Profit before tax/PBT | 446.1 | 385.7 | 15.7% | 246.6 | 196.8 | 25.3% | 823.6 |
| Net profit | 228.9 | 189.1 | 21.1% | 131.0 | 100.8 | 30.0% | 420.7 |
| Earnings per share (EUR) | 3.56 | 2.94 | 21.1% | 2.04 | 1.57 | 29.9% | 6.55 |
| Net cash from operating activities | 272.6 | 230.7 | 18.2% | 442.3 | 493.3 | -10.3% | 1,372.1 |
| Net operating capital expenditure | (163.5) | (151.0) | -8.3% | (89.7) | (89.7) | 0.0% | (251.8) |
| Free cash flow from operations | 109.1 | 79.7 | 36.9% | 352.6 | 403.6 | -12.6% | 1,120.3 |
| Net cash (+)/net debt (-) | 1,352.6 | 600.7 | 125.2% | 1,352.6 | 600.7 | 125.2% | 1,265.8 |
| New orders | 12,841.5 | 13,740.4 | -6.5% | 6,087.3 | 6,295.1 | -3.3% | 30,443.5 |
| Work done | 12,041.3 | 11,973.4 | 0.6% | 6,359.8 | 6,205.8 | 2.5% | 24,518.4 |
| Order backlog | 45,584.3 | 42,599.2 | 7.0% | 45,584.3 | 42,599.2 | 7.0% | 44,644.2 |
| Employees (end of period) | 58,228 | 54,921 | 6.0% | 58,228 | 54,921 | 6.0% | 53,890 |
*All figures are nominal unless otherwise indicated
1) Operational earnings are adjusted for deconsolidation effects and other one-off impacts
Quarterly Report January to March 2017
The HOCHTIEF Group: Key Figures*
| (EUR million) | Q1 2018 | Q1 2017 | Change | 01-12 2017 |
|---|---|---|---|---|
| Sales | 5,266.2 | 5,149.0 | 2.3% | 22,631.0 |
| Operational profit before tax/PBT1) | 207.5 | 194.3 | 6.8% | 865.8 |
| Operational PBT margin1) (%) | 3.9 | 3.8 | 0.1 | 3.8 |
| Operational net profit1) | 106.3 | 93.3 | 13.9% | 452.3 |
| Operational earnings per share (EUR)1) | 1.65 | 1.45 | 13.8% | 7.04 |
| EBITDA | 308.9 | 308.6 | 0.1% | 1,294.4 |
| EBITDA margin (%) | 5.9 | 6.0 | -0.1 | 5.7 |
| EBIT | 226.5 | 216.0 | 4.9% | 904.1 |
| EBIT margin (%) | 4.3 | 4.2 | 0.1 | 4.0 |
| Profit before tax/PBT | 199.5 | 188.9 | 5.6% | 823.6 |
| Net profit | 97.9 | 88.3 | 10.8% | 420.7 |
| Earnings per share (EUR) | 1.52 | 1.37 | 10.9% | 6.55 |
| Net cash from operating activities | (169.7) | (262.6) | 35.4% | 1,372.1 |
| Net operating capital expenditure | (73.8) | (61.3) | -20.4% | (251.8) |
| Free cash flow from operations | (243.5) | (323.9) | 24.8% | 1,120.3 |
| Net cash (+) / net debt (-) | 941.6 | 341.3 | 175.9% | 1,265.8 |
| New orders | 6,754.2 | 7,445.3 | -9.3% | 30,443.5 |
| Work done | 5,681.5 | 5,767.6 | -1.5% | 24,518.4 |
| Order backlog | 44,288.1 | 44,967.0 | -1.5% | 44,644.2 |
| Employees (end of period) | 55,530 | 53,505 | 3.8% | 53,890 |
*All figures are nominal unless otherwise indicated
1) Operational earnings are adjusted for deconsolidation effects and other one-off impacts
Group Report 2017 – Combined Annual Report and Sustainability Report
Five Year Summary (excerpts)
| 2013 | 2014 | 2015 | 2016 | 2017 | ||
|---|---|---|---|---|---|---|
| Profit before tax – continuing operations | EUR million | 530 | (177) | 523 | 621 | 824 |
| Of which: Americas | EUR million | 94 | 108 | 155 | 204 | 254 |
| Asia Pacific | EUR million | 230 | (115) | 424 | 432 | 579 |
| Europe | EUR million | 63 | (73) | (27) | 19 | 33 |
| Consolidated net profit/(loss)—total | EUR million | 171 | 252 | 208 | 320 | 421 |
| Earnings per share—total | EUR | 2.37 | 3.64 | 3.11 | 4.98 | 6.55 |
| Free cash flow from operations¹ | EUR million | (214) | 322 | 985 | 986 | 1,120 |
| New orders | EUR million | 21,912 | 22,041 | 21,553 | 24,813 | 30,443 |
| Of total: domestic | 1,870 | 1,716 | 1,133 | 1,395 | 884 | |
| international | 20,042 | 20,325 | 20,420 | 23,418 | 29,559 | |
| Work done | EUR million | 24,630 | 24,246 | 23,948 | 22,292 | 24,518 |
| Of total: domestic | 2,130 | 1,463 | 1,025 | 1,039 | 1,069 | |
| international | 22,500 | 22,783 | 22,923 | 21,253 | 23,449 | |
| Order backlog at year-end | EUR million | 35,885 | 36,255 | 36,023 | 43,088 | 44,644 |
| Of total: domestic | 2,507 | 2,270 | 2,357 | 2,739 | 2,470 | |
| international | 33,378 | 33,985 | 33,666 | 40,349 | 42,174 | |
| External sales | EUR million | 22,499 | 22,099 | 21,097 | 19,908 | 22,631 |
| Employees at year-end | Number | 75,433 | 53,247 | 44,264 | 51,490 | 53,890 |
| Of total: domestic | 5,662 | 3,909 | 3,548 | 3,449 | 3,403 | |
| international | 69,771 | 49,338 | 40,716 | 48,041 | 50,487 |
1) Free cash flow from operations: Cash flow from operations and cash flow from purchases and disposals of intangible assets, of property, plant and equipment, and of investment properties