Bilfinger impresses with a strong jump in sales and stable forecasts!

Bilfinger impresses with a strong jump in sales and stable forecasts!

On May 14, 2025, Bilfinger, a leading industrial services provider, announced its first quarter financial results. The company recorded a 17 percent increase in sales compared to the previous year, which climbed to almost 1.27 billion euros. Internal revenues also rose by two percent, exceeding analysts' expectations. These positive figures are a sign of Bilfinger's solid market position and the particularly stable demand in the energy, pharmaceutical, biopharma and oil and gas sectors.

Despite the challenges in the chemical and petrochemical industry, Bilfinger was able to generate an operating result (EBITA) of 57 million euros in the first quarter. This represents an increase of almost a third compared to the previous year, while net profit rose to €32 million, compared to €25 million the previous year. The share price was temporarily quoted at 74.40 euros and was therefore up 0.07 percent, which supports the market accuracy of the forecasts. Loud finance.net The forecast for 2025 includes sales of between 5.1 and 5.7 billion euros and an EBITA margin of 5.2 to 5.8 percent.

Stable market conditions and new orders

Particularly noteworthy is the stable order intake of 1.271 billion euros, which corresponds to an increase of 11 percent compared to the previous year. Despite this, organic order growth appears to have declined by four percent. This could have been influenced by the political uncertainties in important markets such as Germany and the USA. However, Bilfinger was able to secure significant orders, including a large contract from Thor Medical in Norway to support the production of a cancer drug.

In addition, Bilfinger has extended the framework agreement with Vynova for maintenance services in Germany. These orders are a strong positive development that indicates the increasing demand for efficiency and sustainability across the company's businesses. Bilfinger is also currently analyzing onshore and offshore activities for a utility company in Qatar to increase energy efficiency.

Financial stability and valuation

Bilfinger's financial stability is also underlined by the investment grade rating of BBB- received from S&P, which was upgraded from BB+. The rating agency justified this decision with the improved operational performance and a conservative balance sheet. Forecasts assume that Bilfinger will be able to maintain an adjusted margin of 7.5 percent by 2026 and achieve an operating cash flow to debt ratio of over 100 percent. This strong operating cash flow amounted to 109 million euros in the first quarter, which represents a significant increase compared to 24 million euros in the previous year.

Overall, Bilfinger shows that the company is well positioned to operate in a dynamically changing market environment and to grow profitably. The positive market environment is underpinned by an increasing number of employees, now 31,584, compared to 28,612 in the previous year, demonstrating the company's commitment and capacity. In summary, it can be said that, despite existing challenges, Bilfinger is well on track to achieve its annual targets.