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STRABAG SE (STRV.VI)

STRV.VI on Vienna Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Strabag Says Unit Ed. Zueblin receives contract in Berlin
Monday, 17 Dec 2018 

Dec 17 (Reuters) - STRABAG SE ::RESIDENTIAL CONSTRUCTION CONTRACT WORTH APPROX. EUR 80 MILLION FOR ZÜBLIN IN BERLIN.BEGIN OF BUILDING CONSTRUCTION WORKS IN FEBRUARY 2019.  Full Article

Strabag Confirms 2018 Outlook Despite Italy Litigation
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - STRABAG SE ::MILAN COURT DENIES INJUNCTION REQUEST BY STRABAG CONSORTIUM FOR PEDEMONTANA PROJECT IN ITALY IN THE FIRST INSTANCE.CONSORTIUM REVIEWING ALTERNATIVE POSSIBILITIES TO PREVENT PAY-OUT OF GUARANTEE.OUTLOOK: OPERATING EBIT MARGIN OF STRABAG GROUP FOR 2018 CONFIRMED.IN EVENT THAT GUARANTEE AMOUNT OF UP TO ABOUT € 260 MILLION HAS TO BE PAID OUT TEMPORARILY, THE CONSORTIUM BELIEVES THAT A CLAIM FOR RESTITUTION EXISTS THAT IS TO BE CAPITALISED IN FULL.THIS CLAIM IS ALSO TO BE ASSERTED IN THE PENDING LEGAL DISPUTES RELATED TO THE CONSTRUCTION DELAYS AND THE ACCOMPANYING CONSIDERABLE COST OVERRUN.THE PAY-OUT OF THE GUARANTEE WILL NOT INFLUENCE THE LEGAL POSITION OF THE CONSORTIUM IN THESE PENDING COURT PROCEEDINGS.IN THIS CONTEXT, STRABAG CONFIRMS ITS FORECAST OF AN EBIT MARGIN OF AT LEAST 3.3 % FROM THE OPERATING BUSINESS FOR THE 2018 FINANCIAL YEAR.  Full Article

Strabag 9-month Net Income Up 116 Pct To EUR 187.76 Million
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - STRABAG SE ::ADJUSTS OUTLOOK 2018 UPWARDS - ATTACHMENT.EBITDA GREW BY 27 % TO EUR 571.43 MILLION IN FIRST NINE MONTHS OF 2018.9-MONTH EBIT UP 75 PERCENT TO EUR 298.89 MILLION.9-MONTH NET INCOME OF EUR 187.76 MILLION (+116 %).NOW EXPECTS OUTPUT VOLUME TO EXCEED EUR 15.0 BILLION AND OPERATING EBIT MARGIN TO ATTAIN AT LEAST LAST YEAR'S LEVEL OF 3.3 %.  Full Article

Strabag Wins Large Contracts In Poland And Hungary
Monday, 17 Sep 2018 

Sept 17 (Reuters) - STRABAG SE ::WINS LARGE CONTRACTS IN POLAND AND HUNGARY.AWARDED EUR 133 MILLION CONTRACT FOR SECTION OF A1 IN POLAND.HUNGARIAN STRABAG-MML KFT. HAS BEEN PICKED TO BUILD A NEW PRODUCTION FACILITY FOR SWISS AUTOMOTIVE SUPPLIER REHAU IN ÚJHARTYÁN.BUILDING NEW REHAU PRODUCTION FACILITY IN HUNGARY FOR EUR 50 MILLION.  Full Article

Strabag SE H1 Net Loss Narrows To 0.56 Million Euros
Friday, 31 Aug 2018 

Aug 31 (Reuters) - STRABAG SE ::EBITDA INCREASED IN FIRST SIX MONTHS OF 2018 BY 33 % TO EUR 200.38 MILLION..H1 EBIT CAME TO REST AT EUR 20.03 MILLION.H1 NET INTEREST INCOME AMOUNTED TO EUR -7.44 MILLION. (PY EUR -28.74 MILLION).H1 NET INCOME AFTER MINORITIES AMOUNTED TO EUR -0.56 MILLION, COMPARED TO EUR -52.79 MILLION YEAR AGO.  Full Article

Strabag Awarded Contract For Section Of A1 In Poland
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - STRABAG SE ::EANS-NEWS: STRABAG AWARDED CONTRACT FOR SECTION OF A1 IN POLAND - ATTACHMENT.CONTRACT VALUE AMOUNTS TO APPROX. EUR 111 MILLION, STRABAG'S SHARE ACCOUNTING FOR 50 % THEREOF.  Full Article

Strabag To Realise Triiiple Building Construction Project In Vienna
Tuesday, 17 Jul 2018 

July 17 (Reuters) - STRABAG SE ::TO REALISE TRIIIPLE BUILDING CONSTRUCTION PROJECT IN VIENNA: THREE 100-METRE-HIGH RESIDENTIAL TOWERS.CONTRACT VALUE: EUR 110 MILLION.CONSTRUCTION WORKS ARE SCHEDULED TO START IN AUGUST 2018 AND TO BE COMPLETED BY SUMMER 2021.  Full Article

Strabag And ISS Successfully Enter Into Contract
Thursday, 12 Apr 2018 

April 12 (Reuters) - STRABAG SE ::STRABAG AND ISS SUCCESSFULLY ENTER INTO A CONTRACT.  Full Article

Strabag Consortium Applies For Interim Injunction To Italian Project Pedemontana
Thursday, 15 Mar 2018 

March 15 (Reuters) - STRABAG SE ::STRABAG CONSORTIUM APPLIES FOR INTERIM INJUNCTION TO THE ITALIAN PROJECT PEDEMONTANA.  Full Article

Strabag To Build Rail Tunnel In Canada​
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - STRABAG SE ::‍STRABAG TO BUILD RAIL TUNNEL IN CANADA​.THE FULL INVESTMENT VOLUME AMOUNTS TO ABOUT EUR 77 MILLION.‍DESIGN-BUILD-FINANCE CONTRACT WILL BE EXECUTED UNDER A 50:50 JOINT VENTURE WITH ELLISDON CAPITAL INC.​.‍WORKS ARE SCHEDULED TO LAST UNTIL MID-2021​.  Full Article