Update: October 24th, 2015 Ad hoc Machine exchange German English PORR Group Investor Relations Services Projects Career Press Welcome to PORR Press News detail Press News Info campaigns Awards & initiatives Download Events Publications Press contact 08/28/2015 H1 / 2015 PORR AG: high earnings growth and new record order backlog Production output of EUR 1,497 million above previous year's level EBT significantly improved at EUR 17.1 million Order backlog reached a new high of EUR 4,830 million Incoming orders of EUR 2,269 million, 41.0% up on the previous year Vienna, August 28, 2015 - Despite the difficult economic environment and a later start to the construction season due to the weather, PORR increased its production output in the first half of 2015. At EUR 1,497 million as of June 30, 2015, this was EUR 8 million or 0.5% above the level of the previous year. Once again, the focus on the home markets was confirmed, in which PORR generated around 86% of its production output: In terms of countries, Austria remained PORR's largest market by far, followed by Germany, Poland, Switzerland and the Czech Republic. The positive performance development was also reflected in the earnings situation: Although depreciation rose significantly, the operating result (EBIT) improved in the first half of the year to EUR 21.5 million and was thus 70.8% above the comparable value of the previous year. At the same time, the financial result increased, which in total led to an increase in earnings before taxes (EBT) from EUR 1.0 million in the first half of 2014 to EUR 17.1 million in the reporting period. Accordingly, the period result doubled from EUR 5.1 million to EUR 10.8 million. “Our market leadership in Austria and the good positioning in our home markets of Germany, Switzerland, Poland and the Czech Republic have once again given us a very solid business result. PORR continued on its successful path in the first half of 2015 and is now presenting itself as a pioneer in the Austrian construction industry in many areas - especially with innovations and new technologies. With the takeover of Bilfinger Infrastructure SA, we have also expanded our position in Poland and secured access to a new, highly attractive market with the Bilfinger branch in Norway, ”explains Karl-Heinz Strauss, CEO of PORR AG. Strong growth in incoming orders and order backlog In the reporting period, PORR was able to significantly improve both the order backlog and incoming orders - even the peak value achieved in 2013 due to the one-off effect of the Doha Metro was exceeded. As of June 30, 2015, the order backlog reached EUR 4,830 million - an increase of 6.9%. Incoming orders rose to EUR 2,269 million and were 41.0% above the previous year's figure. With this growth, PORR is ideally positioned not only for the current financial year, but also for the coming years. “The order backlog is currently around 40% more than an annual production output and thus ensures excellent basic capacity utilization for the coming years. In addition, this positive order backlog enables us to evaluate and acquire new projects with a clear view of the margins, ”says Karl-Heinz Strauss. The largest incoming orders in the reporting period included the Europaallee office complex for the Swiss Federal Railways at Zurich Central Station, the large-scale office project Bavaria Towers in Munich, the residential and hotel Freiburg project and the Dufourstrasse residential development in Zurich. In infrastructure construction, the company acquired the two Swiss tunnels Ceneri and Albula, in Poland the Prokocim hospital in Krakow and the Marriott Okecie hotel in Warsaw. In Austria, PORR secured the residential complex Pfarrwiesengasse 23 and the UBM project district QBC 5 in Vienna as well as the federal school center in Weiz. Ausbau der Marktposition in Polen Um diese sehr gute Ausgangslage abzusichern und die eigenen Kapazitäten sinnvoll zu ergänzen, übernahm die PORR mit der Bilfinger Infrastructure S.A. eines der führenden Tiefbauunternehmen in ihrem dritt-größten Heimmarkt Polen. Damit steigt das Unternehmen in Polen nun auch im Tiefbau in das Flächengeschäft ein und wird in den kommenden Jahren vom Bauboom und den EU-Finanzierungen profitieren. Hinzu kommt mit der Bilfinger Niederlassung in Norwegen ein neuer, hochattraktiver Markt, in dem sich die PORR auf ihre Kernkompetenzen im Brücken-, Straßen- und Tunnelbau konzentrieren wird. Positiver Ausblick 2015 Die Prognose für das Gesamtjahr 2015 bleibt unverändert positiv. Im Vergleich zum ersten Quartal 2015 wurde der durch den späteren Start in die Bausaison bedingte leichte Leistungsrückstand im zweiten Quartal wieder aufgeholt. Auf Basis der deutlichen Ausweitung der Auftragslage – mit einem neuen Höchststand im Auftragsbestand und starken Zuwächsen im Auftragseingang – geht der Vorstand von einer neuerlichen Ergebnissteigerung zum Gesamtjahr 2015 aus. Der Halbjahresfinanzbericht 2015 steht Ihnen auf www.porr-group.com als Download zur Verfügung. + + + Für Rückfragen: Christian B. Maier CFO PORR AG T. +43 (0)50 626-1009 M. +43 (0)664 626-1009 communicationsporr.at Karl-Heinz Strauss CEO PORR AG T. +43 (0) 50 626-1001 M. +43 (0) 664 626-1001 communications porr.at Sandra C. Bauer Head of Corporate Communications | Group spokesperson PORR AG T. +43 (0) 50 626-3338 M. +43 (0) 664 626-3338 communications porr.at Press release (168 KB) Back to news Press contact We will gladly answer your questions. Please contact the PORR press office directly. »More More info for you! Would you like to find out more about the PORR Group? Download the latest brochures from PORR and its partners! »More PORR AG | Absberggasse 47 , A-1100 Vienna | +43 (0) 50 626-0 Home imprint Left Sitemap recommend a page To press