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    IMPN   CH0023868554

IMPLENIA AG

(IMPN)
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Implenia : back at the Gotthard - Ground-breaking ceremony for the second tube of the Gotthard road tunnel

09/30/2021 | 06:47am EST

Glattpark (Opfikon) - At the invitation of FEDRO, the ground-breaking ceremony for the construction of the second tube of the Gotthard road tunnel took place today at two ceremonies in Goschenen and Airolo. A few months ago, Implenia was awarded the contracts for the two preparatory lots 'Relocation of the north safety tunnel' and 'North access shaft and logistics excavations' and has started the complex tunnelling and civil engineering work.

In November 2020, Implenia was awarded the contract for the first lot of the preparatory work, the relocation of the north safety tunnel (Lot 242), worth CHF 12.6 million, with a project duration of two years.

The second lot (Lot 243) consists of the access shaft to provide access to the 'northern disruption zone' and the logistics excavations to accommodate an underground concrete plant. This lot, with a total volume of CHF 86.6 million and a planned construction period of around 2.5 years, was awarded to the 'secondo tubo' joint venture led by Implenia in March 2021. Implenia has a 40% share in the joint venture, the partners Webuild Group/csc another 40% and Frutiger 20%. Construction started last spring.

The allocation of the preparatory lots for the second tube of the Gotthard road tunnel preceded the publication of the invitation to tender for the two large main lots by several months. The bids for the two main lots north and south will be submitted in November of this year. The contracts are expected to be awarded in the second quarter of 2022. Between 2001 and 2014, Implenia played a major role in the construction of the Gotthard Base Tunnel for the railway, a contract worth CHF 2.84 billion in total.

Andre Wyss, CEO of Implenia, on the ground-breaking ceremony: 'Implenia is back at the Gotthard. The second tube of the road tunnel is a key infrastructure project for Switzerland and Europe. We are delighted that we are once again able to apply our many years of experience and proven expertise in managing large and complex infrastructure projects at the Gotthard.'

Contact:

Media

Corporate Communications

T: +41 58 474 74 77

E: communication@implenia.com

Investors and Analysts

Investor Relations

T: +41 58 474 35 04

E: ir@implenia.com

Agenda:

01 March 2022: Media and analysts' conference on the 2021 full-year results

29 March 2022: Annual General Meeting

As Switzerland's leading construction and real estate service provider, Implenia develops and builds homes, workplaces and infrastructure for future generations in Switzerland and Germany. It also plans and builds complex infrastructure projects in Austria, France, Sweden and Norway. Formed in 2006, the company can look back on around 150 years of construction tradition. The company brings together the know-how of its highly skilled consulting, planning and execution units under the umbrella of an integrated leading multinational construction and real estate service provider. With its broad offering and the extensive experience of its specialists, the Group can realise complex major projects and provide customer-centric support across the entire life-cycle of a building or structure. It focuses on customer needs and on striking a sustainable balance between commercial success and social and environmental responsibility. Implenia, with its headquarters in Opfikon near Zurich, employs more than 8,500 people in Europe and posted revenue of almost CHF 4 billion in 2020. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at implenia.com.

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 3 698 M 4 017 M 4 017 M
Net income 2021 53,8 M 58,5 M 58,5 M
Net Debt 2021 60,6 M 65,8 M 65,8 M
P/E ratio 2021 6,65x
Yield 2021 0,91%
Capitalization 339 M 369 M 368 M
EV / Sales 2021 0,11x
EV / Sales 2022 0,09x
Nbr of Employees 8 701
Free-Float 66,6%
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Mean consensus HOLD
Number of Analysts 3
Last Close Price 18,38 CHF
Average target price 22,50 CHF
Spread / Average Target 22,4%
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Managers and Directors
AndrÚ Wyss Chief Executive Officer
Jens Vollmar President & Head-Buildings Division
Marco Dirren Chief Financial Officer
Hans-Ulrich Meister Non-Executive Chairman
Stephan Burkart Chief Information Officer
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