Bilfinger SE | Virtual year-end lunch meeting 2022 | December 12, 2022
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Outlook 2022 confirmed
Actual FY 2021
Outlook FY 2022
Revenue
€3,737 million
Significant increase
EBITA
€121 million 1
Significant operating increase, but
impacted by special items 3
Free cash flow
€115 million 2
At prior-year level
Including one-time effects in the amount of € 31 million gains from real estate disposals and € -16 million special items
Including one-time effects of € 86 million, thereof € 57 million from real estate disposals and € 29 million from tax refunds
Q1 2022: Phase-out of Russian business (approx. -€10 million), Q4 2022: Provision for efficiency program (approx. -€ 60 million)
Target:
EBITA-Margin > 5% in 2024
Bilfinger SE | Virtual year-end lunch meeting 2022 | December 12, 2022
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Building blocks to achieve our vision
Strategy
Management
Structure
Efficiency
Program
Vision: No. 1 in industrial services through efficiency and sustainability
Bilfinger SE | Virtual year-end lunch meeting 2022 | December 12, 2022
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Bilfinger Efficiency Program
Sustainable improvement of our cost competitiveness
Purpose
Achieve a lean administration
Target
Savings of €55 million, full effect as of 31.12.2023
Cost
€60 million in P&L in FY 2022, cash-out in FY 2023
Re-invest
25% of €55 million savings into education and training
Time
From Q4 2022 to Q4 2023
Bilfinger SE | Virtual year-end lunch meeting 2022 | December 12, 2022
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Bilfinger SE published this content on 12 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 December 2022 13:43:16 UTC.
Bilfinger SE is a Germany-based international industrial services provider. The Company provides customized engineering and services to customers in the process industry. Its Industrial business segment includes industrial maintenance; insulation, scaffolding and painting; oil and gas, and engineering solutions. The Industrial business segment includes activities, such as design, development and erection of industrial facilities; maintenance and repair of industrial plants; project management; assembly and installation of plant components; design, development and implementation of automation solutions, and insulation, surface and corrosion protection, industrial scaffolding. Its Power business segment includes activities, such as repair, maintenance, efficiency enhancements and service life extensions, as well as the demolition of existing power plants, and design, manufacture and assembly of components for power plant systems with a focus on boilers and high-pressure piping systems.
BILFINGER SE 
