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STRABAG SE (STRV.VI)

STRV.VI on Vienna Stock Exchange

35.30EUR
22 Jan 2018
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€38.90
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Latest Key Developments (Source: Significant Developments)

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

Strabag To Build Two More Sections Of S7 In Poland
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Strabag SE ::STRABAG BUILDING TWO MORE SECTIONS OF S7 IN POLAND FOR AROUND EUR 200 MILLION.TWO ORDERS HAVE A TOTAL VALUE OF PLN 828 MILLION, WHICH IS EQUIVALENT TO APPROX. EUR 198 MILLION.PROJECT IS SCHEDULED FOR COMPLETION AFTER A CONSTRUCTION TIME OF 34 MONTHS.  Full Article

Strabag Says Stadtsiedlung Heilbronn Hires Züblin To Build Timber High-Rise SKAIO
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - STRABAG SE ::STADTSIEDLUNG HEILBRONN GMBH HIRES ZÜBLIN TO BUILD TIMBER HIGH-RISE SKAIO.CONSTRUCTION START: JANUARY 2018‍​.  Full Article

Strabag Awarded EUR 125 Million Road Construction Contract In Hungary
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - STRABAG SE ::AWARDED EUR 125 MILLION ROAD CONSTRUCTION CONTRACT IN HUNGARY.TO BUILD FIRST SECTION OF R76 EXPRESSWAY IN WESTERN HUNGARY FROM ZALAEGERSZEG TO M7 MOTORWAY.CONSTRUCTION WORKS ARE EXPECTED TO LAST FOUR YEARS.  Full Article

Strabag Confirms Targeted EBIT Margin Of At Least 3% For 2017 As Being Secured
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - STRABAG SE ::EXPECTS TO REALISE INCOME (BEFORE INCOME TAXES) OF A MID- RANGE DOUBLE-DIGIT MILLION-EURO AMOUNT IN 2017.CONFIRMS TARGETED EBIT MARGIN OF AT LEAST 3 % FOR 2017 FINANCIAL YEAR AS BEING SECURED.INCOME ON BASIS OF SETTLEMENT AGREEMENT IN RELATION WITH A FORMER PROJECT IN MIDDLE EAST REGION.  Full Article

Strabag SE 9-Mth ‍EBITDA Stable At EUR 448.43 Mln
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - STRABAG SE ::‍OUTLOOK 2017: EXPECTED OUTPUT VOLUME RAISED TO EUR 14.5 BILLION (PREVIOUSLY: ≥ EUR 14.0 BILLION)​.9-MONTH ‍EBITDA REMAINED STABLE AT EUR 448.43 MILLION AFTER EUR 450.39 MILLION​.9-MONTH ORDER BACKLOG AGAIN AT HIGH LEVEL: EUR 16.0 BILLION (+7 %).‍OUTLOOK 2017: EBIT MARGIN FORECAST REMAINS AT ≥ 3 %​.9-MONTH GROUP REVENUE GREW SLIGHTLY LESS STRONGLY THAN OUTPUT, GAINING 5 % TO EUR 9,357.28 MILLION.9-MONTH ‍NET INCOME OF EUR 78.24 MILLION (-25 %)​.  Full Article

Strabag ‍wins road construction contracts in Poland for EUR 170 million​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - STRABAG SE ::‍WINS ROAD CONSTRUCTION CONTRACTS IN POLAND FOR A TOTAL OF EUR 170 MILLION​.  Full Article

Strabag says service agreement of SPFS with Deutsche Telekom ends latest on June 30, 2019​
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - STRABAG SE ::‍SERVICE AGREEMENT OF STRABAG GROUP COMPANY SPFS WITH DEUTSCHE TELEKOM ENDS LATEST ON 30 JUNE 2019​.‍STRABAG PFS MUST UNDERGO A FUNDAMENTAL REORGANISATION​.‍DIRECTLY AFFECTED BY DECISION AROUND 3,300 EMPLOYEES WORKING EXCLUSIVELY FOR DEUTSCHE TELEKOM ACCOUNT​.‍WITH LOSS OF KEY CLIENT, STRABAG PFS MUST UNDERGO FUNDAMENTAL REORGANISATION​.‍STRABAG SE'S TARGETED EBIT MARGIN OF AT LEAST 3% FOR 2017 APPEARS AMBITIOUS​.‍AGAINST THIS BACKGROUND, STRABAG SE'S TARGETED EBIT MARGIN OF AT LEAST 3 % FOR 2017 APPEARS AMBITIOUS, YET WITHIN REACH​.‍STRABAG SE'S TARGETED EBIT MARGIN OF AT LEAST 3 % FOR 2017 APPEARS AMBITIOUS, YET WITHIN REACH​.‍ANNUAL REVENUE LOSS WON'T IMPACT TARGETS OF STRABAG SE GROUP UNTIL 2019​.  Full Article

Strabag SE order backlog at end of 2016 at record high
Wednesday, 15 Feb 2017 

Strabag Se : Order backlog at end of 2016 at record high of 14.8 billion euros ($15.62 billion) (+13 percent) . 2017 forecast: output volume to grow to at least 14.0 billion euros, EBIT margin ≥ 3 percent . Output volume in 2016 down 6 percent to 13.5 billion euros . While output volume should rise slightly in Poland, Czech Republic and in building construction business in Austria, Strabag expects only stable demand in Austrian transportation infrastructures segments and in Slovakia .Negative contributions to output volume, on the other hand, are again expected from the regional business in Switzerland.  Full Article

Strabag says squeeze-out of minority shareholders planned
Friday, 7 Oct 2016 

Strabag AG " : 100 percent unit of Strabag SE , Ilbau Liegenschaftsverwaltung AG, intends to implement a merger of Strabag AG (as the transferring legal entity) to Ilbau (as the assuming legal entity) .Squeeze-Out of minority shareholders planned.  Full Article

BRIEF-Strabag says service agreement of SPFS with Deutsche Telekom ends latest on June 30, 2019​

* ‍SERVICE AGREEMENT OF STRABAG GROUP COMPANY SPFS WITH DEUTSCHE TELEKOM ENDS LATEST ON 30 JUNE 2019​