HOCHTIEF as an investment
Our six reasons
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Diversified, global infrastructure exposure and market-leading subsidiaries
- HOCHTIEF is an engineering-led global infrastructure solutions provider with a history of over 150 years and leading positions in North America, Australia and Europe.
- Strong presence in the rapidly expanding strategic growth markets of data centers, energy transition and sustainable infrastructure.
- This unique combination results in a balanced business profile in terms of cash flow visibility, capital intensity and margins
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Attractive shareholder remuneration
- Policy of paying out 65% of operational net profit as dividend
- Over the last 10 years, HOCHTIEF has distributed EUR 2.6 billion in dividends to its shareholders, equivalent to over EUR 38 per share.
- Track record of additional remuneration via share buyback programs
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A beneficiary of global megatrends with an ambitious innovation strategy
- Global megatrends related to digitalization, decarbonization, demographics, urbanization and industrial relocation are driving strong investment growth in markets where HOCHTIEF is well positioned as a key player and can deliver attractive solutions for our private and public clients. Examples include:
- the roll-out of high-tech infrastructure including data centers, semiconductor and other advanced technology manufacturing facilities and state-of-the-art facilities
- the build-out of renewable energy- and related infrastructure needed for the energy transition in all our key markets
- the transformation of traditional transportation infrastructure to new mobility concepts
- the move towards industrial relocation of manufacturing capacity in North America and Europe
- healthcare and biopharma investments to meet the demands of aging populations
- the execution of resiliency projects that deliver new or refurbish existing infrastructure to cope with climate change effects such as extreme weather events and rising seal levels.
- Public budget constraints can limit actual investment in much needed transport and social infrastructure where HOCHTIEF can offer an integrated solution through public-private partnership
- Rapid advances in digitalization create application opportunities which we work on exploiting in cooperation with leading universities and IT companies.
- Global megatrends related to digitalization, decarbonization, demographics, urbanization and industrial relocation are driving strong investment growth in markets where HOCHTIEF is well positioned as a key player and can deliver attractive solutions for our private and public clients. Examples include:
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Strong balance sheet and solid credit rating
- Strong balance sheet supports the operating businesses, capital allocation and investment opportunities
- Solid investment-grade rating by S&P underscores financial solidity and allows for bond financing on attractive terms
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Strong track record of sustainable cash-backed operational profit growth
- Average operational net profit growth of 15% since 2020 with solid long-term outlook driven by an unprecedented and multi-year transformation of infrastructure sector investments driven by digitalization, demographics, decarbonization and deglobalization
- Key performance indicators used by HOCHTIEF group management teams strongly aligned with shareholders’ interests
- History of disciplined focus on capital allocation, including M&A and equity investments, to drive long-term value creation
- Risk management systems embedded across the group; flexible and streamlined operational set-up
Operational net profit development (EUR million)
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Values-led corporate culture and consistently positive ESG recognition
- Five guiding principles that apply to all employees: integrity, accountability, innovation, delivery and sustainability – all underpinned by the precondition of safety
- Dedicated sustainability strategy balancing economic objectives with ecological and social responsibilities
- Commitment to support the Paris Climate Agreement and be climate-neutral by 2045
- Consistently positive results in leading ESG surveys/indices.
- The Group has been included in the renowned Dow Jones Sustainability Indices of S&P Global for the 19th year in a row.
- Additional recognition: MSCI (AAA Rating), Carbon Disclosure Project (CDP; “A-“ Rating), Sustainalytics (“ESG industry top rated company” award 2024), FTSE4Good ESG Rating (Score 3.4) and EcoVadis (gold medal)
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HOCHTIEF shares overviewOur strategy objective: Generating sustainable value for all stakeholders
Since 1873: The history of HOCHTIEF