Porr AG
VSE:POS
Porr AG
PORR AG engages in the development and construction of real estate properties. The company is headquartered in Wien, Wien and currently employs 20,135 full-time employees. The firm provides services diversified into building construction, civil engineering, infrastructure construction, project development and environmental engineering. The firm has a number of offices located in Central, Eastern and South-Eastern Europe. Its services range from residential construction to infrastructure projects. The building construction services cover offices, hotels, universities and football stadiums, among others. The civil engineering services cover tunnels, bridges, railways and power plants, among others. The infrastructure construction services cover traffic infrastructure. The project development services are carried out by the Company's subsidiaries Strauss & Partner Development GmbH, PORREAL Immobilien Management GmbH and UBM Realitaetenentwicklung AG. The environmental engineering services include design, financing and operation of plants.
PORR AG engages in the development and construction of real estate properties. The company is headquartered in Wien, Wien and currently employs 20,135 full-time employees. The firm provides services diversified into building construction, civil engineering, infrastructure construction, project development and environmental engineering. The firm has a number of offices located in Central, Eastern and South-Eastern Europe. Its services range from residential construction to infrastructure projects. The building construction services cover offices, hotels, universities and football stadiums, among others. The civil engineering services cover tunnels, bridges, railways and power plants, among others. The infrastructure construction services cover traffic infrastructure. The project development services are carried out by the Company's subsidiaries Strauss & Partner Development GmbH, PORREAL Immobilien Management GmbH and UBM Realitaetenentwicklung AG. The environmental engineering services include design, financing and operation of plants.
Order Backlog: PORR reached an all-time high order backlog of EUR 9.4 billion, up 10% year-on-year, reflecting strong infrastructure demand in Poland and CEE.
Earnings Growth: EBIT margin improved to 1.6%, with earnings up 15.5% compared to last year. Earnings per share rose 17.8%.
Guidance Unchanged: Management confirmed its full-year guidance for moderate output growth and an EBIT margin of 2.8% to 3.0%.
Poland & CEE Momentum: Strong order intake and pipeline in Poland and CEE, with expectations for output and margin improvement in Poland in the second half and beyond.
Germany Lagging: The German segment continues to face a tough market and low margins, but management expects improvement from 2026 onwards as infrastructure funding increases.
Cash & Equity: Free cash flow improved by EUR 14.8 million, equity ratio rose to 20%, and all treasury shares were sold to broaden the investor base.
Affordable Housing: PORR is advancing innovative, low-cost residential solutions with positive early interest from cities in Austria and Germany.
