2023 in numbers
STRABAG SE generated a new record output volume in 2023, thanks in part to growth in nearly all of the Group’s key markets.
The EBIT margin showed significant growth, reaching 5.0% (2022: 4.2%) as a result of positive earnings contributions from the North + West segment.
Despite sharp declines on the residential construction market, the order backlog at the end of 2023 remained nearly stable at a very high level.
STRABAG operates in more than 50 countries around the world. The geographical distribution of the order backlog reflects the company’s strong roots in Central and Eastern Europe.
Our business activities are divided into three operating segments: North + West, South + East and International + Special Divisions. The segment Other encompasses the Group’s central divisions and central staff divisions.
The equity ratio of STRABAG SE remained noticeably above the 30% mark as at 31 December 2023, clearly exceeding our target of at least 25%.
Significant growth was achieved in all three operating segments during the 2023 reporting year. The fulfilment of large and mega projects had an especially positive impact on this figure in the International + Special Divisions segment.
Another net cash position was reported for 31 December 2023 – with a noticeable increase due primarily to higher cash and cash equivalents and a further reduction in financial liabilities.