Order backlog

Order backlog by country and segment as at 31 December 2024

€ mn

Total 2024

North + West

South + East

Inter-national + Special Divisions

Other

Total 2023

Δ Total %

Δ Total absolute

Germany

13,653

11,596

384

1,649

24

12,544

9

1,109

Austria

2,565

38

2,036

488

3

2,360

9

205

Poland

2,235

1

1,902

332

0

1,944

15

291

United Kingdom

1,259

4

3

1,252

0

1,794

-30

-535

Czech Republic

1,030

2

1,014

10

4

939

10

91

Americas

695

0

0

695

0

614

13

81

Romania

653

21

599

33

0

496

32

157

Middle East

479

0

24

455

0

462

4

17

Croatia

450

0

440

10

0

323

39

127

Slovakia

425

0

418

7

0

232

83

193

Hungary

417

0

416

1

0

348

20

69

Italy

411

0

11

400

0

459

-10

-48

Benelux

213

180

1

32

0

158

35

55

Slovenia

204

0

199

5

0

59

> 100

145

Rest of Europe

133

0

125

8

0

192

-31

-59

Switzerland

130

124

4

2

0

111

17

19

Sweden

129

98

31

0

0

108

19

21

Asia

125

0

3

122

0

175

-29

-50

Serbia

66

0

66

0

0

49

35

17

Bulgaria

39

0

39

0

0

17

> 100

22

Africa

27

0

23

4

0

53

-49

-26

Denmark

24

24

0

0

0

29

-17

-5

Total

25,362

12,088

7,738

5,505

31

23,466

8

1,896

€25.4billion

Order backlog

After exceeding the € 25 billion mark for the first time in the first half of the year, the order backlog was increased further to € 25,362.47 million by the end of 2024, which corresponds to an increase of € 1.9 billion or 8% compared to the previous year. The order backlog in Germany rose particularly sharply, especially in infrastructure and civil engineering. Significant increases were also recorded in Poland, Austria, Slovakia and Romania. Encouragingly, the first signs of a turnaround in residential construction in Austria were confirmed in the fourth quarter of 2024. In the United Kingdom, the order backlog has been on the decline as major projects are being worked off.

Development of order backlog

The most significant additions to the order backlog in Germany include network expansion projects for the energy transition worth more than € 1.1 billion, the general overhaul of the Hamburg–Berlin railway line and the replacement of the Kriegenbrunn shipping lock in Bavaria. In Slovakia, STRABAG was awarded the contract for the conversion and expansion of the F.D. Roosevelt Clinic, and in the Czech Republic for the construction of the new headquarters of the local subsidiary of Erste Group, which will be realised to the highest sustainability standards. Internationally, contracts were acquired for a rapid transit line in Toronto and for the construction of a residential district in Abu Dhabi, among other things.

Construction sites included in the order backlog as at 31 December 2024

Category

Number of construction sites

Number of construction sites as % of total

Order backlog € mn

Order backlog as % of total

Very small orders (€ 0–1 mn)

10,786

79

2,267

9

Small orders (€ 1–15 mn)

2,215

16

3,838

15

Medium-sized orders (€ 15–70 mn)

373

3

6,116

24

Large orders (€ 70–150 mn)

64

1

3,225

13

Very large orders (>€ 150 mn)

57

1

9,916

39

Total

13,495

100

25,362

100

The total order backlog is comprised of 13,495 individual projects. Approximately 13,000 of these, or 95%, involve very small or small orders with a volume of up to € 15 million each; the remaining proportion of 5% covers medium-sized to very large orders with contract volumes of € 15 million and up. A total of merely 57 projects have a volume above € 150 million. The high number of individual contracts guarantees that the risk involved with one project does not, as far as possible, threaten the Group success as a whole. The ten largest projects in the order backlog as at 31 December 2024 added up to 17% of the order backlog.

Selected large projects in the order backlog as at 31 December 2024

Country

Project

Order backlog € mn

As % of total Group order backlog

United Kingdom

HS2 high-speed rail line

961

3.8

Germany

Bayerische Versorgungskammer

543

2.1

Germany

U5 East, Hamburg

521

2.1

Germany

US hospital, Weilerbach

520

2.1

Germany

Lock Kriegenbrunn

356

1.4

Germany

Central Business Tower

351

1.4

United Arab Emirates

Residential towers, Sea La Vie

292

1.2

United Kingdom

Woodsmith Project

282

1.1

Germany

Replacement building, Ruhr University Bochum

271

1.1

Canada

Scarborough Subway Extension Line 2

251

1.0

Total

4,348

17.3