Segment reporting
The rules of IFRS 8 Operating Segments apply to the segment reporting. IFRS 8 prescribes defining the segments and reporting the earnings on the basis of the internal reporting (management approach). Segment assets are not disclosed as these do not form part of the regular internal reporting.
The internal reporting in the STRABAG SE Group is based on Management Board areas, which also represent the segments. The settlement between the single segments is made at arm’s length prices.
The segment North + West bundles the construction activities in Germany, Switzerland, Benelux and Scandinavia as well as the ground engineering activities.
The segment South + East comprises the construction activities in Austria, Poland, Czech Republic, Slovakia, Hungary, Romania as well as South-Eastern Europe. The construction materials business has been assigned to this segment as well.
The segment International + Special Divisions includes the construction activities in the United Kingdom and outside Europe as well as tunnelling activities worldwide. This segment also includes infrastructure project development services (PPP projects) and real estate activities as well as energy infrastructure. Building Solutions, with its service portfolio covering technical and infrastructural facility management, building services engineering, property management, and industrial services for buildings or facilities, as well as the Hold Estate business, which comprises the long-term, strategic management of real estate, are also allocated to this segment.
In addition, there are the Central Divisions and Central Staff Divisions, which handle services in the areas of accounting, group financing, technical development, digitalisation and innovation, machine management, quality management, logistics, legal affairs, contract management, etc. These services are included in the segment Other.
Segment reporting for 1.1.–30.6.2026
T€ | North + West | South + East | International + Special Divisions | Other | Reconciliation to IFRS financial statements | Group |
Revenue | 3,758,310 | 3,189,217 | 2,190,891 | 9,662 | 0 | 9,148,080 |
Inter-segment revenue | 164,058 | 118,977 | 0 | 591,984 | ||
EBIT | 182,278 | -67,734 | 79,469 | 510 | -20,093 | 174,430 |
thereof construction materials, consumables and services used | -2,072,619 | -2,409,307 | -1,015,784 | -239,451 | 0 | -5,737,161 |
thereof employee benefits expense | -1,042,400 | -752,151 | -677,667 | -232,940 | 0 | -2,705,158 |
Interest and similar income | 0 | 0 | 0 | 58,997 | 0 | 58,997 |
Interest expense and similar charges | 0 | 0 | 0 | -29,568 | 0 | -29,568 |
EBT | 182,278 | -67,734 | 79,469 | 29,939 | -20,093 | 203,859 |
Segment reporting for 1.1.–30.6.2025
T€ | North + West | South + East | International + Special Divisions | Other | Reconciliation to IFRS financial statements | Group |
Revenue | 3,134,536 | 3,019,391 | 1,790,489 | 8,188 | 0 | 7,952,604 |
Inter-segment revenue | 128,535 | 84,777 | 0 | 575,887 | ||
EBIT | 83,375 | -72,209 | 126,889 | 515 | -9,197 | 129,373 |
thereof construction materials, consumables and services used | -1,799,217 | -1,997,526 | -907,883 | -211,441 | 0 | -4,916,067 |
thereof employee benefits expense | -976,356 | -674,906 | -646,802 | -217,267 | 0 | -2,515,331 |
Interest and similar income | 0 | 0 | 0 | 54,731 | 0 | 54,731 |
Interest expense and similar charges | 0 | 0 | 0 | -39,356 | 0 | -39,356 |
EBT | 83,375 | -72,209 | 126,889 | 15,890 | -9,197 | 144,748 |
Reconciliation of the sum of the segment earnings to EBT according to IFRS financial statements
Income and expense in the internal reporting are essentially shown in accordance with IFRS. An exception is income taxes, including those applicable to deferred tax, which are not considered in the internal reporting.
The internal reporting presents the pro rata annual earnings of all Group companies and investments. In the IFRS financial statements, earnings from companies which were not fully consolidated or reported using the equity method are only recognised in conformity with dividends, transfer of earnings and/or depreciation and amortisation. For this reason, the internal reporting does not conform with EBIT and EBT in the consolidated financial statements in terms of net income from investments.
Other minor differences result from entries in other consolidations.
Reconciliation of the internal reporting to IFRS financial statements is allocated as follows:
T€ | 1.1.–30.6.2026 | 1.1.–30.6.2025 |
Net income from investments | -13,208 | -3,154 |
Other consolidation adjustments | -6,885 | -6,043 |
Total | -20,093 | -9,197 |