Business figures
Please find below an overview of our current financial figures.
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
Interim Report January to September 2017
The HOCHTIEF Group: Key Figures*
| (EUR million) | 9M 2017 | 9M 2016 | Change | Q3 2017 | Q3 2016 | Change | Full year 2016 |
|---|---|---|---|---|---|---|---|
| Sales | 16,533.8 | 14,397.1 | 14.8% | 5,516.1 | 5,031.2 | 9.6% | 19,908.3 |
| Operational profit before tax/PBT1) | 628.8 | 481.3 | 30.6% | 229.9 | 153.5 | 49.8% | 677.5 |
| Operational PBT margin1) (%) | 3.8 | 3.3 | 0.5 | 4.2 | 3.1 | 1.1 | 3.4 |
| Operational net profit1) | 320.4 | 248.8 | 28.8% | 119.8 | 88.7 | 35.1% | 361.2 |
| Operational earnings per share (EUR)1) | 4.99 | 3.87 | 28.9% | 1.86 | 1.38 | 34.8% | 5.62 |
| EBITDA | 958.8 | 713.0 | 34.5% | 331.3 | 241.6 | 37.1% | 996.5 |
| EBITDA margin (%) | 5.8 | 5.0 | 0.8 | 6.0 | 4.8 | 1.2 | 5.0 |
| EBIT | 669.4 | 509.6 | 31.4% | 240.5 | 166.6 | 44.4% | 715.6 |
| Profit before tax/PBT | 607.5 | 446.8 | 36.0% | 221.8 | 146.8 | 51.1% | 620.7 |
| Net profit | 302.8 | 223.3 | 35.6% | 113.7 | 83.0 | 37.0% | 320.5 |
| Earnings per share (EUR) | 4.71 | 3.47 | 35.7% | 1.77 | 1.29 | 37.2% | 4.98 |
| Net cash from operating activities | 462.9 | 387.0 | 19.6% | 232.2 | 444.0 | -47.7% | 1,173.4 |
| Net operating capital expenditure | 225.8 | 126.1 | 79.1% | 74.8 | 59.7 | 25.3% | 187.3 |
| Free cash flow from operations | 237.1 | 260.9 | -9.1% | 157.4 | 384.3 | -59.0% | 986.1 |
| Net cash (+)/net debt (-) | 507.9 | 365.0 | 39.2% | 507.9 | 365.0 | 39.2% | 703.9 |
| New orders | 21,402.8 | 18,963.4 | 12.9% | 7,662.4 | 5,718.7 | 34.0% | 24,813.5 |
| Work done | 18,004.3 | 16,248.9 | 10.8% | 6,030.9 | 5,669.8 | 6.4% | 22,291.5 |
| Order backlog2) | 42,868.3 | 38,585.7 | 11.1% | 42,868.3 | 38,585.7 | 11.1% | 43,087.6 |
| Employees (end of period)3) | 54,629 | 45,224 | 20.8% | 54,629 | 45,224 | 20.8% | 51,490 |
*All figures are nominal unless otherwise indicated
1) Operational earnings are adjusted for deconsolidation effects and other one-off impacts
2) Actual 2016 adjusted for two large Middle East projects at HOCHTIEF Europe division
3) incl. workforce UGL (6,801 as of Dec. 31, 2016)
EBITDA und EBIT adjusted for 2016
Half-year Report January to June 2017
The HOCHTIEF Group: Key Figures*
| (EUR million) | H1 2017 | H1 2016 | Change | Q2 2017 | Q2 2016 | Change | Full year 2016 |
|---|---|---|---|---|---|---|---|
| Sales | 11,017.7 | 9,365.9 | 17.6% | 5,868.7 | 4,951.4 | 18.5% | 19,908.3 |
| Operational profit before tax/PBT1) | 398.9 | 327.8 | 21.7% | 204.6 | 168.8 | 21.2% | 677.5 |
| Operational PBT margin1) (%) | 3.6 | 3.5 | 0.1 | 3.5 | 3.4 | 0.1 | 3.4 |
| Operational net profit1) | 200.6 | 160.1 | 25.3% | 107.3 | 88.4 | 21.4% | 361.2 |
| Operational earnings per share (EUR)1) | 3.12 | 2.49 | 25.3% | 1.67 | 1.38 | 21.0% | 5.62 |
| EBITDA2) | 627.5 | 471.3 | 33.1% | 318.9 | 229.9 | 38.7% | 996.5 |
| EBITDA margin (%) | 5.7 | 5.0 | 0.7 | 5.4 | 4.6 | 0.8 | 5.0 |
| EBIT2) | 428.9 | 343.1 | 25.0% | 212.9 | 169.1 | 25.9% | 715.5 |
| Profit before tax/PBT | 385.7 | 300.0 | 28.6% | 196.8 | 151.7 | 29.7% | 620.7 |
| Net profit | 189.1 | 140.3 | 34.8% | 100.8 | 76.9 | 31.1% | 320.5 |
| Earnings per share (EUR) | 2.94 | 2.18 | 34.9% | 1.57 | 1.20 | 30.8% | 4.98 |
| Net cash from operating activities | 230.7 | (57.0) | – | 493.3 | 312.4 | 57.9% | 1,173.4 |
| Gross operating capital expenditure | 171.8 | 95.9 | 79.1% | 85.2 | 51.0 | 67.1% | 272.6 |
| Free cash flow from operations | 79.7 | (123.4) | – | 403.6 | 276.4 | 46.0% | 986.1 |
| Net cash (+)/net debt (-) | 600.7 | 113.2 | 430.7% | 600.7 | 113.2 | 430.7% | 703.9 |
| New orders | 13,740.4 | 13,244.7 | 3.7% | 6,295.1 | 6,915.0 | -9.0% | 24,813.5 |
| Work done | 11,973.4 | 10,579.1 | 13.2% | 6,205.8 | 5,544.6 | 11.9% | 22,291.5 |
| Order backlog3) | 42,599.2 | 38,152.5 | 11.7% | 42,599.2 | 38,152.5 | 11.7% | 43,087.6 |
| Employees (end of period)4) | 54,921 | 44,849 | 22.5% | 54,921 | 44,849 | 22.5% | 51,490 |
*All figures are nominal unless otherwise indicated
1) Operational earnings are adjusted for deconsolidation effects and other one-off impacts
2) restated
3) Actual 2016 adjusted for two large Middle East projects at HOCHTIEF Europe division
4) incl. workforce UGL (6,801 as of Dec. 31, 2016)