STRABAG shares reached record highs earnings. What did the infrastructure giant report?

STRABAG shares rose to record highs last week following the release of strong first-half 2026 results, with the company posting record revenue of EUR 9.15 billion. The Austrian construction group increased both revenue and earnings, while a record order backlog prompted management to raise its full-year guidance. Today, the shares are pulling back by nearly 2.5%.
- Output volume increased by 12% y/y and exceeded EUR 10 billion at the half-year mark for the first time in the company’s history.
- EBIT rose by 35% y/y to EUR 174 million, pointing to improved operating profitability.
- Net income increased by 25% y/y to EUR 119 million, compared with around EUR 95 million a year earlier.
- Earnings per share from continuing operations increased to EUR 1.03 from EUR 0.82 in H1 2025.
- The order backlog surged by 27% y/y to a record EUR 36 billion, supported mainly by infrastructure projects in Germany and major contracts across other parts of Europe.
Following the strong first half, STRABAG also raised its full-year 2026 guidance. The company now expects output volume of around EUR 23 billion, while its target EBIT margin has been increased to 5.5%–6%. The record backlog improves visibility on STRABAG’s future revenue, while EBIT growing faster than revenue points to improving operating efficiency. The key factors to watch now will be the pace of execution of major infrastructure projects and whether the company can maintain stronger profitability in the second half of the year.
STRABAG shares (D1 interval)
Just five sessions ago, STRABAG shares were testing the 200-session EMA200, marked by the red line, while investors were still uncertain about the durability of the upward trend in the stock. Following the earnings release, the shares climbed to a record EUR 99 per share, while both MACD and RSI appear to be sending positive momentum signals. The stock has gained 24% year on year, compared with a 25% increase in earnings versus H1 2025.

Source: xStation5






