SEMI-Annual 
Report

Despite the cold weather in the first quarter, our broad-based positioning allowed us to significantly increase our overall output in the first half of the year. A record order backlog and higher profitability are giving us additional momentum, and we are raising our targets for the full year. With our integrated business model, we are ideally positioned to seize growth opportunities and play an active role in shaping key issues for the future.

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Stefan Kratochwill

STRABAG

In the first half of 2026, we achieved new record levels in both output and order backlog. At the same time, our profitable growth continues. On this basis, we are raising our guidance for the 2026 financial year.

Stefan Kratochwill

CEO STRABAG SE

Letter from the CEO
CEO’s review

Our Financialperformance

STRABAG on a profitable growth path

10.0

€ bn
output volume

vs. 6M 2025
+12%

36.0

€ bn
order backlog

vs. 6M 2025
+27%

174.4

€ mn
EBIT

vs. 6M 2025
+35%

Key figures
Performance

PEOPLE.
planet.
Progress.

STRABAG

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.

PEOPLE
PLANET
PROGRESS

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
Strategy

ProjeCT highlights

Spotlight on three exceptional projects.

Mobility infrastructure for Eastern Europe

In the first half of the year, STRABAG secured major contracts worth more than €1 billion for the construction and expansion of road and rail infrastructure in Eastern Europe. The contracts comprise infrastructure projects in Slovenia, the Czech Republic and Poland.

© STRABAG

Pfaffensteigtunnel: Major rail infrastructure project in Germany

The approximately 11-kilometre Pfaffensteigtunnel will create a cross-border rail connection between Germany and Switzerland. STRABAG is delivering the project under the partnership model of “Integrated Project Delivery” (IPD).

© PSU

Rail contracts on the Sunshine Coast

STRABAG’s Australian subsidiary Georgiou is delivering sections of the Wave rail project in Queensland, with a contract value of around € 490 million. The major project is part of preparations for the 2032 Olympic Games in Brisbane.

© TWR Media
Key developments
Highlights