Bilfinger SE

GBF

Equity

ISIN DE0005909006 / Valor 325648

Xetra (2024-12-23)

EUR 46.50+0.43%

Bilfinger SE
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About company

Bilfinger SE is a leading engineering company with a strong focus on the life sciences sector, specializing in the design, fabrication, construction, and maintenance of process piping and equipment such as bioreactors and purification systems. With decades of experience, the company is known for meeting a wide range of requirements and handling challenging large orders with tight deadlines to the highest standards. In addition to serving chemical and petrochemical companies by providing sustainable solutions that make their plants more efficient and future-ready, Bilfinger offers a broad range of industrial services covering the entire life cycle of customers' assets. The company's expertise extends to various energy sectors, including renewable, nuclear, and conventional energy, providing support in the design, realization, optimization, modification, and dismantling of plants.

Summarized from source with an LLMView SourceSector: Business Services

Orders Received

In the second quarter of 2024, Bilfinger SE reported a significant increase in orders received, amounting to €1,509 million. This represents a 20 percent organic growth compared to the prior-year period, which stood at €1,085 million. The book-to-bill ratio was 1.16, indicating a stable to positive market environment.

Revenue Growth

Bilfinger SE's revenue for the second quarter of 2024 increased to €1,304 million, up from €1,120 million in the previous year. This reflects an organic growth rate of 3 percent. The revenue growth was evenly spread across all regions, showcasing the company's broad market reach.

EBITA Margin Improvement

The EBITA margin for Bilfinger SE in Q2 2024 improved significantly to 5.4 percent, compared to 3.9 percent in the prior year. Excluding special items, the EBITA margin was 4.6 percent. This improvement is attributed to the continued de-risking, better margins in the order backlog, and positive effects from the efficiency program.

Free Cash Flow

Bilfinger SE's free cash flow saw a substantial improvement in the second quarter of 2024, reaching €26 million, compared to -€46 million in the same period last year. This positive change is a result of measures introduced to reduce the intra-year seasonality of the cash flow.

Net Profit and Earnings Per Share

In Q2 2024, Bilfinger SE's net profit rose significantly to €48 million, up from €30 million in the previous year. Earnings per share also increased from €0.79 to €1.28. This growth reflects the company's successful business development and strategic focus on efficiency and sustainability.

Summarized from source with an LLMView Source

Key figures

33.1%1Y

56.0%3Y

39.2%5Y

Performance

27.5%1Y

34.0%3Y

40.9%5Y

Volatility