Edition:
United States

STRABAG SE (STRV.VI)

STRV.VI on Vienna Stock Exchange

32.15EUR
15 Dec 2017
Change (% chg)

€-0.34 (-1.06%)
Prev Close
€32.49
Open
€32.15
Day's High
€32.69
Day's Low
€32.15
Volume
6,746
Avg. Vol
11,127
52-wk High
€38.90
52-wk Low
€29.50

Latest Key Developments (Source: Significant Developments)

Strabag Confirms Targeted EBIT Margin Of At Least 3% For 2017 As Being Secured
Wednesday, 6 Dec 2017 06:26am EST 

Dec 6 (Reuters) - STRABAG SE ::EXPECTS TO REALISE INCOME (BEFORE INCOME TAXES) OF A MID- RANGE DOUBLE-DIGIT MILLION-EURO AMOUNT IN 2017.CONFIRMS TARGETED EBIT MARGIN OF AT LEAST 3 % FOR 2017 FINANCIAL YEAR AS BEING SECURED.INCOME ON BASIS OF SETTLEMENT AGREEMENT IN RELATION WITH A FORMER PROJECT IN MIDDLE EAST REGION.  Full Article

Strabag SE 9-Mth ‍EBITDA Stable At EUR 448.43 Mln
Thursday, 30 Nov 2017 01:30am EST 

Nov 30 (Reuters) - STRABAG SE ::‍OUTLOOK 2017: EXPECTED OUTPUT VOLUME RAISED TO EUR 14.5 BILLION (PREVIOUSLY: ≥ EUR 14.0 BILLION)​.9-MONTH ‍EBITDA REMAINED STABLE AT EUR 448.43 MILLION AFTER EUR 450.39 MILLION​.9-MONTH ORDER BACKLOG AGAIN AT HIGH LEVEL: EUR 16.0 BILLION (+7 %).‍OUTLOOK 2017: EBIT MARGIN FORECAST REMAINS AT ≥ 3 %​.9-MONTH GROUP REVENUE GREW SLIGHTLY LESS STRONGLY THAN OUTPUT, GAINING 5 % TO EUR 9,357.28 MILLION.9-MONTH ‍NET INCOME OF EUR 78.24 MILLION (-25 %)​.  Full Article

Strabag ‍wins road construction contracts in Poland for EUR 170 million​
Tuesday, 31 Oct 2017 06:47am EDT 

Oct 31 (Reuters) - STRABAG SE ::‍WINS ROAD CONSTRUCTION CONTRACTS IN POLAND FOR A TOTAL OF EUR 170 MILLION​.  Full Article

Strabag says service agreement of SPFS with Deutsche Telekom ends latest on June 30, 2019​
Wednesday, 18 Oct 2017 08:46am EDT 

Oct 18 (Reuters) - STRABAG SE ::‍SERVICE AGREEMENT OF STRABAG GROUP COMPANY SPFS WITH DEUTSCHE TELEKOM ENDS LATEST ON 30 JUNE 2019​.‍STRABAG PFS MUST UNDERGO A FUNDAMENTAL REORGANISATION​.‍DIRECTLY AFFECTED BY DECISION AROUND 3,300 EMPLOYEES WORKING EXCLUSIVELY FOR DEUTSCHE TELEKOM ACCOUNT​.‍WITH LOSS OF KEY CLIENT, STRABAG PFS MUST UNDERGO FUNDAMENTAL REORGANISATION​.‍STRABAG SE'S TARGETED EBIT MARGIN OF AT LEAST 3% FOR 2017 APPEARS AMBITIOUS​.‍AGAINST THIS BACKGROUND, STRABAG SE'S TARGETED EBIT MARGIN OF AT LEAST 3 % FOR 2017 APPEARS AMBITIOUS, YET WITHIN REACH​.‍STRABAG SE'S TARGETED EBIT MARGIN OF AT LEAST 3 % FOR 2017 APPEARS AMBITIOUS, YET WITHIN REACH​.‍ANNUAL REVENUE LOSS WON'T IMPACT TARGETS OF STRABAG SE GROUP UNTIL 2019​.  Full Article

Strabag unit receives EUR 309 mln order in Singapore‍​
Wednesday, 13 Sep 2017 02:27am EDT 

Sept 13 (Reuters) - STRABAG SE ::STRABAG SUBSIDIARY RECEIVES EUR 309 MILLION ORDER IN SINGAPORE‍​.CONSTRUCTION TIME FROM MARCH 2018 TO SEPTEMBER 2023.STRABAG ZUEBLIN TO BUILD 11.9 KM OF TUNNELS FOR THE SEWERAGE SYSTEM OF THE CITY.  Full Article

Strabag SE awarded a bridge project in South Africa
Tuesday, 5 Sep 2017 04:44am EDT 

Sept 5 (Reuters) - STRABAG SE ::AWARDED A BRIDGE PROJECT IN SOUTH AFRICA.‍CONTRACT HAS A TOTAL VALUE OF 1.634 BILLION SOUTH AFRICAN RAND, WHICH IS APPROXIMATELY EUR 106 MILLION​.‍CONSTRUCTION WORKS ARE EXPECTED TO LAST FOR 40 MONTHS​.‍CONSTRUCTION IS BEING CARRIED OUT IN A 50:50 JOINT VENTURE WITH SOUTH AFRICAN CONSTRUCTION COMPANY AVENG GRINAKER-LTA​.  Full Article

Strabag H1 loss before taxes widens to 69.1 mln euros
Thursday, 31 Aug 2017 01:29am EDT 

Aug 31 (Reuters) - STRABAG SE :CONFIRMS GUIDANCE FOR 2017 AFTER SIX MONTHS.H1 CONSOLIDATED GROUP REVENUE GREW 6 % TO EUR 5,651.69 MILLION.H1-END ‍ORDER BACKLOG REACHED ANOTHER RECORD HIGH OF EUR 16.5 BILLION (+7 % VERSUS 30 JUNE 2016)​.OUTPUT VOLUME OF EUR 6.3 BILLION IN FIRST HALF OF 2017 FINANCIAL YEAR - AN INCREASE OF 10 %.H1 EARNINGS BEFORE TAXES (EBT) AT EUR -69.11 MILLION (2016: EUR -26.49 MILLION).H1 ‍EBITDA INCREASED BY 17 % FROM EUR 128.95 MILLION TO EUR 151.23 MILLION​.H1 EARNINGS BEFORE INTEREST AND TAXES (EBIT) AT EUR -32.59 MILLION.  Full Article

Strabag to build Cracow’s tallest highrise tower‍​
Thursday, 10 Aug 2017 02:46am EDT 

Aug 10 (Reuters) - STRABAG SE ::TO BUILD CRACOW’S TALLEST HIGHRISE TOWER‍​.CONTRACT VALUE: APPROX. € 89 MIO. (PLN 380 MILLION)‍​.PROJECT IS SCHEDULED FOR COMPLETION IN MID- 2021.  Full Article

Strabag to build Thiba Dam in Kenya‍​
Monday, 7 Aug 2017 03:08am EDT 

Aug 7 (Reuters) - STRABAG SE ::TO BUILD THIBA DAM IN KENYA‍​.CONTRACT VALUE OF € 72 MILLION.  Full Article

UNIQA: shareholders' agreement among major shareholders of STRABAG SE extended
Monday, 3 Jul 2017 02:29am EDT 

July 3 (Reuters) - UNIQA INSURANCE GROUP AG ::SHAREHOLDERS' AGREEMENT AMONG MAJOR SHAREHOLDERS (COMPANIES OF UNIQA GROUP, COMPANIES OF RAIFFEISEN-HOLDING NÖ-W GROUP, HASELSTEINER FAMILIEN-PRIVATSTIFTUNG, MR. DR. HANS PETER HASELSTEINER AND RASPERIA TRADING LIMITED) OF STRABAG SE EXTENDED.SHAREHOLDERS' AGREEMENT WAS EXTENDED BY A TERM OF FIVE YEARS UNTIL 31 DECEMBER 2022.IN ANY CASE, PARTIES ARE STILL FREE TO TERMINATE CONTRACT PREMATURELY BY MUTUAL AGREEMENT.MAJOR SHAREHOLDERS OF STRABAG SE DID NOT EXERCISE THEIR TERMINATION RIGHT WITH RESPECT TO SHAREHOLDERS' AGREEMENT CONCLUDED AMONG THEM AS PER 31 DECEMBER 2017.  Full Article

BRIEF-Strabag says service agreement of SPFS with Deutsche Telekom ends latest on June 30, 2019​

* ‍SERVICE AGREEMENT OF STRABAG GROUP COMPANY SPFS WITH DEUTSCHE TELEKOM ENDS LATEST ON 30 JUNE 2019​