STRABAG SE: record order backlog, slight recovery of output volume in 2021

STRABAG SE: record order backlog, slight recovery of output volume in 2021
  • Output volume decline lower than expected, order backlog up by 5 % – new record at year’s end
  • EBIT margin at exceptionally high level of 4.3 %
  • After reduction for 2019: dividend of € 1.90 proposed for 2020 – highest since IPO
  • 2021 outlook: output slightly above previous year’s level, normalisation of EBIT margin to below 4.0 %