ANNUAL AND SUSTAINABILITY REPORT

Everyone is talking about the crisis in the construction industry. And indeed, the general framework has shifted significantly. Factors such as high inflation, the changed interest rate landscape and stricter lending criteria are not at all favourable for construction companies. In this respect, 2023 signalled a clear cooldown of the construction industry. But we’re pleased to say: STRABAG held up extremely well even in this challenging environment. We grew our output volume, maintained our high order backlog and further increased our profitability.

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Klemens Haselsteiner

This is a good time for us to leverage the strengths of our business model, our critical size and our broad positioning by country and construction segment.

Klemens Haselsteiner

CEO STRABAG SE

CEO’s review

OUR FINANCIAL PERFORMANCE

Higher net income despite declining markets in 2023

19.1

€ bn 
output volume

vs. 2022
+8%

23.5

€ bn 
order backlog

vs. 2022
-1%

5.0

%
EBIT margin

2022
4.2%

Key figures

Performance

PEOPLE.
planet.
Progress.

Climate neutral by 2040. To achieve this goal, we will need to reassess, rethink and redesign nearly everything related to our three key topics. Let’s get to it.

We build for people and with people. Each project creates added value for our colleagues and for society.

Strategy

We are working to combat climate change – guided by our intention to make our projects climate neutral by 2040 and to intensify construction in the energy sector.

Strategy

We are a technology pioneer in construction. We think ahead, we engage in data-driven decision-making and we question the status quo in order to continuously develop new expertise.

Strategy

OUR RESPONSIBILITY

Three big topics. One even bigger goal.

Carbon Emissions

Sustainability is a central pillar of STRABAG’s corporate strategy. A special focus of this strategy is the reduction of carbon emissions in all areas of our work – from the office to the construction site.

Materials & Circularity

Innovative methods are needed to help us use our resources as efficiently as possible and support the transition towards a smart circular economy.

Digitalisation, Processes and Innovation

Our goal is an ambitious one: We want to be the leading construction technology group for sustainability. To reach this goal, we are pushing for technological progress and digital transformation in all of our processes.