Financials HOCHTIEF AG

Equities

Market Closed - Xetra Other stock markets 11:35:00 2025-01-24 am EST			5-day change	1st Jan Change
143.10 ^EUR	-1.45%		+5.92%	+10.33%

Jan. 22	SHARES IN THE FOCUS 3: AI fantasy for Siemens Energy, Hochtief, Oracle and more	DP
Jan. 22	Siemens Energy and Hochtief in demand - data center fantasy	DP

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	25,852	22,954	21,378	26,219	27,756	32,166	34,450	35,601
Change	-	-11.21%	-6.87%	22.65%	5.86%	15.89%	7.1%	3.34%
EBITDA ¹	1,893	1,703	1,071	1,184	1,230	1,841	1,981	2,094
Change	-	-10.04%	-37.12%	10.63%	3.86%	49.63%	7.6%	5.71%
EBIT ¹	1,192	999.1	756.5	840.7	909.6	1,185	1,342	1,395
Change	-	-16.15%	-24.28%	11.13%	8.2%	30.33%	13.19%	3.99%
Interest Paid ¹	-153.3	-154.6	-124.6	-125.3	-152.5	-216.3	-263.4	-225.4
Earnings before Tax (EBT) ¹	-627.5	834.9	435	677.2	715	956.5	1,117	1,257
Change	-	-	-47.9%	55.67%	5.59%	33.78%	16.78%	12.56%
Net income ¹	-206.2	427.2	207.9	481.8	522.7	669.7	669.9	735.5
Change	-	-	-51.33%	131.73%	8.49%	28.12%	0.03%	9.8%
Announcement Date	2/11/20	2/18/21	2/23/22	2/23/23	2/22/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	7,100	6,156	5,791	5,961	4,934	5,336	5,319	5,789	-	7,179	7,096	6,189	6,827	7,346	7,349	6,757	7,895	8,925	8,759
Change	-	-13.3%	-5.92%	2.93%	-17.22%	8.13%	-0.31%	8.85%	-100%	-	-1.16%	-12.78%	10.3%	7.61%	0.04%	-8.06%	16.84%	13.05%	-1.87%
EBITDA	-	-	-	420.6	-	-	-	286.3	-	-	321.2	295.7	302.9	309.4	322.3	306	-	477.8	-
Change	-	-	-	-	-100%	-	-	-	-100%	-	-	-7.93%	2.42%	2.14%	4.18%	-5.06%	-100%	-	-100%
EBIT ¹	312.8	-	203.9	243.4	172.8	-	193.5	210.6	-	-	223	-	234.8	227.2	228	229	373.1	293	342.8
Change	-	-100%	-	19.38%	-29.01%	-100%	-	8.82%	-100%	-	-	-100%	-	-3.24%	0.35%	0.44%	62.93%	-21.47%	16.99%
Charge d'intérêts ¹	-	-	-	-31.78	-	-	-	-29.25	-	-8.906	-49.02	-32.26	-49.29	-31.37	-39.63	-24.45	-67.34	-79.49	-72.4
Earnings before Tax (EBT) ¹	-1,408	207.1	166.7	206.5	145.4	148.6	-	-13.6	-	161.7	174.9	191.3	180.5	164.1	179	195	290.9	225.2	249.7
Change	-	-	-19.51%	23.87%	-29.59%	2.2%	-100%	-	-100%	-	8.16%	9.35%	-5.65%	-9.07%	9.06%	8.94%	49.2%	-22.59%	10.86%
Net income ¹	-662.5	114.9	87.3	121.8	86	-	99.8	-86.4	134.3	115	126.4	127.5	134.4	119	141.8	133	303.5	142.6	155.2
Change	-	-	-24.02%	39.53%	-29.4%	-100%	-	-	-	-14.38%	9.94%	0.86%	5.4%	-11.48%	19.21%	-6.21%	128.19%	-53.02%	8.84%
Announcement Date	2/11/20	5/12/20	8/3/20	10/15/20	5/11/21	7/27/21	11/11/21	2/23/22	7/27/22	11/3/22	2/23/23	5/9/23	7/25/23	11/7/23	2/22/24	5/13/24	7/24/24	11/7/24	-

¹EUR in Million

Estimates

Fiscal Period: December	2020 S1	2021 S1	2023 S1	2024 S1
Net sales ¹	11,947	10,270	-	14,652
Change	-	-14.04%	-100%	-
EBITDA	-	514.5	-	-
Change	-	-	-100%	-
EBIT ¹	464.9	-	-	601.6
Change	-	-100%	-	-
Charge d'intérêts ¹	-	-	-81.55	-91.79
Earnings before Tax (EBT) ¹	373.8	-	371.8	486.3
Change	-	-100%	-	30.79%
Net income ¹	202.2	-	261.9	436.3
Change	-	-100%	-	66.6%
Announcement Date	8/3/20	7/27/21	7/25/23	7/24/24

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-1,529	-618	-556	-354	-872	-137	-479	-842
Change	-	-140.42%	-189.97%	-163.67%	-346.33%	-115.71%	-449.64%	-275.78%
Announcement Date	2/11/20	2/18/21	2/23/22	2/23/23	2/22/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	542.5	397.3	79.24	164	192.5	335.3	464.4	468.7
Change	-	-26.77%	-80.05%	106.96%	17.41%	74.17%	38.48%	0.93%
Free Cash Flow (FCF) ¹	1,084	310.1	308	886.8	1,143	721.1	774.8	822.6
Change	-	-71.41%	-0.68%	187.97%	28.86%	-36.9%	7.45%	6.17%
Announcement Date	2/11/20	2/18/21	2/23/22	2/23/23	2/22/24	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	7.32%	7.42%	5.01%	4.52%	4.43%	5.72%	5.75%	5.88%
EBIT Margin (%)	4.61%	4.35%	3.54%	3.21%	3.28%	3.69%	3.89%	3.92%
EBT Margin (%)	-2.43%	3.64%	2.03%	2.58%	2.58%	2.97%	3.24%	3.53%
Net margin (%)	-0.8%	1.86%	0.97%	1.84%	1.88%	2.08%	1.94%	2.07%
FCF margin (%)	4.19%	1.35%	1.44%	3.38%	4.12%	2.24%	2.25%	2.31%
FCF / Net Income (%)	-525.9%	72.58%	148.13%	184.08%	218.62%	107.68%	115.66%	111.84%
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	42.66%	43.7%	61.7%	49.8%	44.12%	44.87%	39.13%	36.58%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	2.1%	1.73%	0.37%	0.63%	0.69%	1.04%	1.35%	1.32%
CAPEX / EBITDA (%)	28.66%	23.33%	7.4%	13.84%	15.65%	18.22%	23.45%	22.38%
CAPEX / FCF (%)	50.03%	128.12%	25.73%	18.49%	16.85%	46.5%	59.93%	56.97%
Items per share
Cash flow per share ¹	22.68	10.19	5.679	14.58	17.76	12.88	14.59	15.8
Change	-	-55.06%	-44.29%	156.75%	21.77%	-27.47%	13.29%	8.27%
Dividend per Share ¹	5.8	3.93	1.91	4	4.4	5.348	5.704	6.248
Change	-	-32.24%	-51.4%	109.42%	10%	21.54%	6.66%	9.55%
Book Value Per Share ¹	18.06	9.82	11.74	15.73	16.43	20.47	23.24	26.6
Change	-	-45.63%	19.6%	33.89%	4.46%	24.61%	13.53%	14.48%
EPS ¹	-2.92	6.16	3.05	6.68	6.95	9.073	9.129	10.02
Change	-	-310.96%	-50.49%	119.02%	4.04%	30.54%	0.62%	9.71%
Nbr of stocks (in thousands)	70,624	68,187	68,116	75,189	75,213	75,213	75,213	75,213
Announcement Date	2/11/20	2/18/21	2/23/22	2/23/23	2/22/24	-	-	-