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Real-time Estimate Tradegate  -  04:00:00 2023-02-07 pm EST
39.10 EUR   +1.82%
02/01Strabag : Investor Presentation (englisch, Februar 2023)
02/01Strabag : Investor Presentation (February 2023)
01/10Klemens Haselsteiner takes office as CEO of STRABAG SE
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Work on Progress, STRABAG gives itself new look, focuses on progress and sustainability

09/28/2022 | 09:44am EST

Vienna - The European construction and technology group STRABAG SE is addressing the most pressing issues facing the construction industry in the future and is committing itself to becoming climate neutral along the entire value chain by 2040.

Everything that STRABAG is already doing to achieve this ambitious goal, and everything that will continue to be necessary in the years to come, will be a focus of the communication activities from now on. As part of these efforts, STRABAG is evolving its previous corporate slogan 'TEAMS WORK.' by placing even greater focus on building sustainably and creating progress. The new slogan is: 'STRABAG - Work On Progress'. This confidently formulated entrepreneurial ambition is being accompanied by a redesign of the logo and corporate image of STRABAG and of the ZUBLIN brand. The corresponding campaign aims to intensify the exchange with professional target groups and the general public.

'The construction sector accounts for half of the global raw material demand and causes 38 percent of greenhouse gas emissions worldwide,' explains Thomas Birtel, CEO of STRABAG SE. 'We in the construction industry will have to reinvent how we work, our processes and our materials, if we want to achieve the European and global climate targets. For the STRABAG Group, that means that everything we do and invest in dealing with the current energy and raw materials crisis must also be sustainable.'

Klemens Haselsteiner, member of the STRABAG SE Management Board responsible for innovation and sustainability, and the designated successor to Thomas Birtel as CEO, adds: 'Few other industries have as great a responsibility as the construction industry to find solutions quickly that are climate-friendly and environmentally sound in addition to being economically viable and socially responsible. That's what we're working on - today, tomorrow and the day after tomorrow. Our future is our only building project that will never be finished - a building that we want to continuously keep working on. Our repositioning is therefore at the same time a sincere commitment, as a pioneer in the industry, to drive and shape change and to intensify the communication and exchange of ideas in this regard.'

Starting in October, STRABAG is highlighting its new corporate slogan 'Work On Progress' with an external communications campaign. Using image advertising both online and offline as well as large-format billboards, the company will be openly addressing the challenges facing the building industry and formulating its commitment to ensuring progress and sustainability in construction. Because to save the climate, you have to start somewhere. We're starting with ourselves. Additional forums for discussion among employees, industry and the general public are planned in order to continue to deepen the communication and mutual exchange of ideas.

A second campaign, to be launched in spring 2023, will focus on those people who perform the actual work on progress for STRABAG and for the industry: our employees, who are building the future with innovative ideas both on the construction site and in the office.

All relevant information is summarised in the Work On Progress Hub at work-on-progress.strabag.com. The hub contains up-to-date details on the topics of digitalisation and innovation, the reduction of CO2 emissions, and the materials and circular economy. The website also offers further information on specific lighthouse and pilot projects that STRABAG is currently working on: building projects where STRABAG creates the walls using 3D concrete printing directly on site; asphalt that is recycled and reused in the construction of new roads; conveyor belts that generate their own electricity; an old oil port that STRABAG is redeveloping into a centre for urban mining. In total, STRABAG is currently working on 250 innovation and 400 sustainability projects across the entire group.

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle - from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 74,000 employees, we generate an annual output volume of around EUR 16 billion. Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources.


Tel: +43 1 22422-1174

Email: marianne.jakl@strabag.com

(C) 2022 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
STRABAG AG 0.00%End-of-day quote.0.00%
STRABAG SE 0.91% 38.75 Delayed Quote.-1.79%
All news about STRABAG SE
02/01Strabag : Investor Presentation (englisch, Februar 2023)
02/01Strabag : Investor Presentation (February 2023)
01/10Klemens Haselsteiner takes office as CEO of STRABAG SE
01/10Strabag : Investor Presentation (January 2023)
01/10Strabag : Investor Presentation (englisch, Januar 2023)
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Sales 2022 16 264 M 17 395 M 17 395 M
Net income 2022 445 M 476 M 476 M
Net cash 2022 1 118 M 1 196 M 1 196 M
P/E ratio 2022 8,86x
Yield 2022 4,43%
Capitalization 3 976 M 4 252 M 4 252 M
EV / Sales 2022 0,18x
EV / Sales 2023 0,15x
Nbr of Employees 72 709
Free-Float 21,4%
Duration : Period :
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Technical analysis trends STRABAG SE
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Income Statement Evolution
Mean consensus BUY
Number of Analysts 2
Last Close Price 38,40 €
Average target price 48,75 €
Spread / Average Target 27,0%
EPS Revisions
Managers and Directors
Klemens Haselsteiner Chief Executive Officer & Member-Management Board
Christian Harder Chief Financial Officer
Alfred Gusenbauer Chairman-Supervisory Board
Andreas Batke Independent Member-Supervisory Board
Miroslav Cerveny Independent Member-Supervisory Board
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