Reporting_Factsheet
Reporting Factsheet Q2 2022
Published on August 11, 2022
Bilfinger Group H1 Q2 FY
in € million 2022 2021 Δ in % 2022 2021 Δ in % 2021
Orders received 2,225 2,063 8% 1,107 1,061 4% 4,008
Order backlog 3,158 2,845 11% 3,158 2,845 11% 2,946
Revenue 2,039 1,810 13% 1,078 977 10% 3,737
EBITDA 89 81 10% 57 47 21% 222
EBITA 41 30 37% 32 21 53% 121
thereof special items -10 -6 -59% 0 -5 - -16
EBITA margin 2.0% 1.7% - 3.0% 2.2% - 3.2%
Amortization 0 0 - 0 0 - 0
EBIT 41 30 37% 32 21 53% 121
Financial result -12 -5 -140% -5 -7 31% -6
EBT 29 25 16% 27 14 99% 115
Income taxes -16 -6 -183% -9 -6 -63% 8
Earnings after taxes from continuing operations 13 19 -33% 18 8 123% 123
Earnings after taxes from discontinued operations 1 4 -72% 1 5 -69% 7
Minority interest 1 0 - 0 0 - 1
Net profit 13 23 -46% 19 13 49% 130
EPS (in €) 0.31 0.57 -46% 0.46 0.31 48% 3.19
Equity ratio 38.9% 36.6% - 38.9% 36.6% - 40.9%
Working capital 1) 80 10 700% 80 10 700% -42
Net cash (+) / net debt (-) 2) 275 409 -33% 275 409 -33% 568
Cash flow from operating activities -39 -63 38% 28 -40 - 113
Investments 23 16 44% 13 10 30% 63
thereof in P,P,E 23 18 24% 13 10 35% 61
thereof in financial assets 0 -2 - 0 0 - 2
Increase in right-of-use assets 15 20 -26% 9 13 -36% 36
Free cash flow -57 -71 20% 19 -43 - 115
Employees 30,566 29,692 3% 30,566 29,692 3% 29,756
1) Delta between current assets, excluding cash and cash equivalents and securities and current liabilities, excluding liabilities to banks.
2) Excluding leasing liabilities (Q2/22: €183 m; Q1/22: €183 m; Q2/21: €191 m; FY/21: €185 m) and including marketable securities
Outlook 2022 FY 2022e FY 2021
in € million
Group
Revenue Significant increase 3,737
EBITA Significant increase 121
Free cash flow At prior-year level 115
Segment Engineering & Maintenance Europe
Revenue Significant increase 2,518
EBITA Significant increase, margin at prior-year level 116
Segment Engineering & Maintenance International
Revenue Significant increase 553
EBITA Significant increase to at least break-even -18
Segment Technologies
Revenue At prior-year level 560
EBITA At prior-year level 19
Reconciliation Group
EBITA Significantly lower than prior-year, which was impacted by gains of €30 million on real estate disposals. Excluding this effect, a largely stable level is expected. 4
Bilfinger Segments H1 Q2 FY
in € million 2022 2021 Δ in % 2022 2021 Δ in % 2021
Orders received
Segment Engineering & Maintenance Europe 1,404 1,324 6% 669 649 3% 2,552
Segment Engineering & Maintenance International 360 360 0% 197 199 -1% 634
Segment Technologies 346 284 22% 173 169 3% 597
Reconciliation Group 113 94 20% 68 44 55% 225
thereof OOP 121 100 21% 70 47 48% 253
thereof HQ/ consolidation/ others -8 -6 - -2 -3 - -28
Group 2,225 2,063 8% 1,107 1,061 4% 4,008
Order backlog
Segment Engineering & Maintenance Europe 1,796 1,821 -1% 1,796 1,821 -1% 1,769
Segment Engineering & Maintenance International 550 443 24% 550 443 24% 490
Segment Technologies 697 575 21% 697 575 21% 617
Reconciliation Group 116 6 1833% 116 6 1833% 71
thereof OOP 155 67 132% 155 67 132% 129
thereof HQ/ consolidation/ others -39 -61 - -39 -61 - -59
Group 3,158 2,845 11% 3,158 2,845 11% 2,946
Revenue
Segment Engineering & Maintenance Europe 1,360 1,227 11% 725 665 9% 2,518
Segment Engineering & Maintenance International 344 253 36% 186 143 30% 553
Segment Technologies 264 276 -4% 139 145 -4% 560
Reconciliation Group 71 55 29% 29 23 26% 107
thereof OOP 103 84 24% 47 39 21% 167
thereof HQ/ consolidation/ others -32 -29 - -18 -16 - -61
Group 2,039 1,810 13% 1,078 977 10% 3,737
EBITA
Segment Engineering & Maintenance Europe 50 54 -6% 38 38 -2% 116
EBITA margin 3.7% 4.4% - 5.2% 5.7% - 4.6%
Segment Engineering & Maintenance International -2 -16 89% -1 -9 89% -18
EBITA margin -0.5% -6.2% - -0.6% -6.4% - -3.2%
Segment Technologies 3 11 -69% 3 7 -53% 19
EBITA margin 1.3% 3.9% - 2.3% 4.7% - 3.4%
Reconciliation Group -11 -18 39% -7 -15 53% 4
thereof OOP 6 -1 - 4 -2 - 2
thereof HQ/ consolidation/ others -17 -17 1% -11 -13 14% 2
Group 41 30 37% 32 21 53% 121
EBITA margin 2.0% 1.7% - 3.0% 2.2% - 3.2%
Organic development
in € million H1 2021 Δ Net acquisitions Δ F/X Δ Organic H1 2022
Orders received
Segment Engineering & Maintenance Europe 1,324 0 0% 6 0% 74 6% 1,404 6%
Segment Engineering & Maintenance International 360 0 0% 31 9% -31 -9% 360 0%
Segment Technologies 284 0 0% 0 0% 62 22% 346 22%
Group 2,063 -24 -1% 42 2% 144 7% 2,225 8%
Revenue
Segment Engineering & Maintenance Europe 1,227 0 0% 7 1% 126 10% 1,360 11%
Segment Engineering & Maintenance International 253 0 0% 30 12% 61 24% 344 36%
Segment Technologies 276 0 0% 1 0% -13 -5% 264 -4%
Group 1,810 -16 -1% 42 2% 203 11% 2,039 13%
EBITA
Segment Engineering & Maintenance Europe 54 0 0% 0 0% -4 -6% 50 -6%
Segment Engineering & Maintenance International -16 0 0% 0 2% 14 90% -2 89%
Segment Technologies 11 0 0% 0 0% -8 -69% 3 -69%
Group 30 2 7% 0 -1% 9 31% 41 37%
Q2 2021 Δ Net acquisitions Δ F/X Δ Organic Q2 2022
Orders received
Segment Engineering & Maintenance Europe 649 0 0% -1 0% 21 3% 669 3%
Segment Engineering & Maintenance International 199 0 0% 21 11% -23 -12% 197 -1%
Segment Technologies 169 0 0% 0 0% 4 3% 173 3%
Group 1,061 -16 -2% 21 2% 41 4% 1,107 4%
Revenue
Segment Engineering & Maintenance Europe 665 0 0% 2 0% 58 9% 725 9%
Segment Engineering & Maintenance International 143 0 0% 20 14% 23 16% 186 30%
Segment Technologies 145 0 0% 0 0% -6 -5% 139 -4%
Group 977 -7 -1% 22 2% 86 9% 1,078 10%
EBITA
Segment Engineering & Maintenance Europe 38 0 0% -1 -2% 1 0% 38 -2%
Segment Engineering & Maintenance International -9 0 5% 0 2% 9 84% -1 89%
Segment Technologies 7 0 0% 0 0% -4 -53% 3 -57%
Group 21 2 10% -1 -4% 10 49% 32 53%

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Bilfinger SE published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 07:40:10 UTC.