Declared Dividend • May 20
Dividend increased to €2.80 Dividend of €2.80 is 17% higher than last year. Ex-date: 21st May 2026 Payment date: 25th May 2026 Dividend yield will be 3.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 12% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 04
Bilfinger SE announces Annual dividend, payable on May 25, 2026 Bilfinger SE announced Annual dividend of EUR 2.8000 per share payable on May 25, 2026, ex-date on May 21, 2026 and record date on May 22, 2026. Aankondiging • Dec 19
Bilfinger SE (XTRA:GBF) agreed to acquire Teknokon Servis & Bakim and Teknokon Endustri Tesisleri Insaat Ve Montaj Anonim Sirketi from Teknokon Makina Imalat Ve Montaj Anonim Sirketi. Bilfinger SE (XTRA:GBF) agreed to acquire Teknokon Servis & Bakim and Teknokon Endustri Tesisleri Insaat Ve Montaj Anonim Sirketi from Teknokon Makina Imalat Ve Montaj Anonim Sirketi on December 18, 2025. The transaction is subject to competition authority approval and is expected to close in the first half of 2026. Reported Earnings • Aug 18
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: €1.30 (up from €1.25 in 2Q 2024). Revenue: €1.35b (up 3.7% from 2Q 2024). Net income: €47.9m (up 1.7% from 2Q 2024). Profit margin: 3.5% (in line with 2Q 2024). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 3.2%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 47% per year. Aankondiging • Apr 02
Bilfinger SE, Annual General Meeting, May 14, 2025 Bilfinger SE, Annual General Meeting, May 14, 2025, at 13:00 W. Europe Standard Time. Aankondiging • Mar 05
Bilfinger SE announces Annual dividend, payable on May 19, 2025 Bilfinger SE announced Annual dividend of EUR 2.4000 per share payable on May 19, 2025, ex-date on May 15, 2025 and record date on May 16, 2025. Aankondiging • Dec 18
Bilfinger SE (XTRA:GBF) agreed to acquire Rodoverken Ab from Induroc Fastighets Ab. Bilfinger SE (XTRA:GBF) agreed to acquire Rodoverken Ab from Induroc Fastighets Ab on December 13, 2024. The transaction includes both Rodoverken’s prefabrication site in Gródek, Poland, and its offices in Stenungsund, Sweden, as well as a total of around 100 employees.
For the period ending December 31, 2023, Rodoverken Ab reported total revenue of €30 million.
The transaction is subject to subject to antitrust regulations. The expected completion of the transaction is in the first quarter of 2025. Aankondiging • Aug 16
Bilfinger SE to Report Q2, 2025 Results on Aug 14, 2025 Bilfinger SE announced that they will report Q2, 2025 results at 12:00 PM, Central European Standard Time on Aug 14, 2025 Aankondiging • Aug 15
Bilfinger SE to Report Fiscal Year 2024 Results on Mar 04, 2025 Bilfinger SE announced that they will report fiscal year 2024 results on Mar 04, 2025 Price Target Changed • May 21
Price target increased by 9.4% to €55.50 Up from €50.75, the current price target is an average from 4 analysts. New target price is 11% above last closing price of €49.95. Stock is up 43% over the past year. The company is forecast to post earnings per share of €4.00 for next year compared to €4.75 last year. Reported Earnings • May 17
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: €0.66 (up from €0.18 in 1Q 2023). Revenue: €1.09b (up 3.3% from 1Q 2023). Net income: €24.6m (up 267% from 1Q 2023). Profit margin: 2.3% (up from 0.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Upcoming Dividend • May 09
Upcoming dividend of €1.80 per share Eligible shareholders must have bought the stock before 16 May 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (4.1%). Price Target Changed • Feb 16
Price target increased by 8.9% to €46.40 Up from €42.60, the current price target is an average from 5 analysts. New target price is 8.3% above last closing price of €42.86. Stock is up 16% over the past year. The company is forecast to post earnings per share of €3.88 for next year compared to €4.75 last year. New Risk • Feb 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 21% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risk Dividend is not well covered by earnings (92% payout ratio). Reported Earnings • Feb 15
Full year 2023 earnings released: EPS: €4.75 (vs €0.71 in FY 2022) Full year 2023 results: EPS: €4.75 (up from €0.71 in FY 2022). Revenue: €8.97b (up 108% from FY 2022). Net income: €356.0m (up €327.7m from FY 2022). Profit margin: 4.0% (up from 0.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 20% p.a. on average during the next 3 years, while revenues in the Commercial Services industry in Germany are expected to grow by 5.0%. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Aankondiging • Jan 24
Bilfinger SE to Report Q4, 2023 Results on Feb 14, 2024 Bilfinger SE announced that they will report Q4, 2023 results at 7:00 AM, Central European Standard Time on Feb 14, 2024 Reported Earnings • Nov 16
Third quarter 2023 earnings: Revenues exceed analyst expectations Third quarter 2023 results: Revenue: €1.12b (up 3.9% from 3Q 2022). Net income: €36.6m (up 63% from 3Q 2022). Profit margin: 3.3% (up from 2.1% in 3Q 2022). Revenue exceeded analyst estimates by 4.0%. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Aankondiging • Sep 07
Bilfinger SE (XTRA:GBF) agreed to acquire Stork business in Belgium, Germany, Netherlands and turbo blading manufacturing in US from Fluor Corporation (NYSE:FLR). Bilfinger SE (XTRA:GBF) agreed to acquire Stork business in Belgium, Germany, Netherlands and turbo blading manufacturing in US from Fluor Corporation (NYSE:FLR) on September 7, 2023. This transaction is subject to consultations with and advice from the representative body of the applicable works councils, consultations with the trade unions and receipt of regulatory clearances along with other customary conditions and, subject to these conditions, is expected to be completed in the first half of 2024. Lazard is the financial advisor to Fluor Corporation (NYSE:FLR) on this transaction. Reported Earnings • Aug 15
Second quarter 2023 earnings: Revenues in line with analyst expectations Second quarter 2023 results: Revenue: €1.12b (up 3.9% from 2Q 2022). Net income: €29.8m (up 66% from 2Q 2022). Profit margin: 2.7% (up from 1.7% in 2Q 2022). Revenue was in line with analyst estimates. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €35.84, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Commercial Services industry in Germany. Total returns to shareholders of 172% over the past three years. Price Target Changed • Jun 29
Price target increased by 7.3% to €41.20 Up from €38.40, the current price target is an average from 5 analysts. New target price is 28% above last closing price of €32.24. Stock is up 15% over the past year. The company is forecast to post earnings per share of €2.80 for next year compared to €0.71 last year. Reported Earnings • May 14
First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2023 results: EPS: €0.19 (up from €0.15 loss in 1Q 2022). Revenue: €1.05b (up 9.6% from 1Q 2022). Net income: €7.00m (up €13.0m from 1Q 2022). Profit margin: 0.7% (up from net loss in 1Q 2022). Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 22%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 14
Upcoming dividend of €1.30 per share at 3.3% yield Eligible shareholders must have bought the stock before 21 April 2023. Payment date: 25 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.5%). Price Target Changed • Feb 21
Price target increased by 7.2% to €35.80 Up from €33.40, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €36.46. Stock is up 9.5% over the past year. The company is forecast to post earnings per share of €2.67 for next year compared to €0.71 last year. Reported Earnings • Feb 20
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: €0.71 (down from €3.02 in FY 2021). Revenue: €4.31b (up 15% from FY 2021). Net income: €28.0m (down 77% from FY 2021). Profit margin: 0.6% (down from 3.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 16
Bilfinger SE to Report First Half, 2023 Results on Aug 14, 2023 Bilfinger SE announced that they will report first half, 2023 results on Aug 14, 2023 Aankondiging • Jan 20
Bilfinger SE to Report Fiscal Year 2022 Results on Feb 14, 2023 Bilfinger SE announced that they will report fiscal year 2022 results at 7:00 AM, Central European Standard Time on Feb 14, 2023 Reported Earnings • Nov 11
Third quarter 2022 earnings: Revenues exceed analyst expectations Third quarter 2022 results: Revenue: €1.08b (up 14% from 3Q 2021). Net income: €22.4m (down 46% from 3Q 2021). Profit margin: 2.1% (down from 4.4% in 3Q 2021). Revenue exceeded analyst estimates by 5.2%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Price Target Changed • Aug 14
Price target decreased to €31.00 Down from €33.50, the current price target is an average from 4 analysts. New target price is 7.6% above last closing price of €28.82. Stock is down 0.3% over the past year. The company is forecast to post earnings per share of €2.01 for next year compared to €3.02 last year. Reported Earnings • Aug 12
Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2022 results: EPS: €0.44 (up from €0.20 in 2Q 2021). Revenue: €1.08b (up 10% from 2Q 2021). Net income: €18.0m (up 122% from 2Q 2021). Profit margin: 1.7% (up from 0.8% in 2Q 2021). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 11%. Over the next year, revenue is forecast to stay flat compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 19
Price target decreased to €33.50 Down from €36.33, the current price target is an average from 4 analysts. New target price is 11% above last closing price of €30.28. Stock is up 29% over the past year. The company is forecast to post earnings per share of €2.11 for next year compared to €3.02 last year. Price Target Changed • May 17
Price target decreased to €34.33 Down from €37.25, the current price target is an average from 3 analysts. New target price is 26% above last closing price of €27.30. Stock is up 0.07% over the past year. The company is forecast to post earnings per share of €2.12 for next year compared to €3.02 last year. Reported Earnings • May 14
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: €0.15 loss per share (down from €0.27 profit in 1Q 2021). Revenue: €961.0m (up 15% from 1Q 2021). Net loss: €6.00m (down 155% from profit in 1Q 2021). Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 4.3%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 05
Upcoming dividend of €4.75 per share Eligible shareholders must have bought the stock before 12 May 2022. Payment date: 16 May 2022. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.1%). In line with average of industry peers (2.8%). Reported Earnings • Mar 13
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: €3.02 (up from €2.64 in FY 2020). Revenue: €3.74b (up 8.0% from FY 2020). Net income: €122.7m (up 15% from FY 2020). Profit margin: 3.3% (up from 3.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 109%. Over the next year, revenue is forecast to grow 7.3%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 11
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: €3.03 (up from €2.64 in FY 2020). Revenue: €3.74b (up 8.0% from FY 2020). Net income: €123.0m (up 16% from FY 2020). Profit margin: 3.3% (up from 3.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 109%. Over the next year, revenue is forecast to grow 7.6%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS €1.03 (vs €0.42 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €945.0m (up 8.6% from 3Q 2020). Net income: €42.0m (up €59.0m from 3Q 2020). Profit margin: 4.4% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Price Target Changed • Nov 05
Price target increased to €35.38 Up from €32.62, the current price target is an average from 6 analysts. New target price is 9.1% above last closing price of €32.42. Stock is up 71% over the past year. The company is forecast to post earnings per share of €1.53 for next year compared to €2.64 last year. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS €0.20 (vs €1.52 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €977.1m (up 23% from 2Q 2020). Net income: €8.10m (up €69.4m from 2Q 2020). Profit margin: 0.8% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Executive Departure • Jul 13
Advisor Thomas Blades has left the company On the 30th of June, Thomas Blades was replaced as CEO by Christina Johansson. We don't have any record of a personal shareholding under Thomas' name. Thomas is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.08 years. Price Target Changed • Jun 10
Price target increased to €35.74 Up from €33.40, the current price target is an average from 5 analysts. New target price is 34% above last closing price of €26.72. Stock is up 58% over the past year. Reported Earnings • May 13
First quarter 2021 earnings released: EPS €0.27 (vs €0.57 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €833.0m (down 9.0% from 1Q 2020). Net income: €11.0m (up €34.0m from 1Q 2020). Profit margin: 1.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 09
Upcoming dividend of €1.88 per share Eligible shareholders must have bought the stock before 16 April 2021. Payment date: 20 April 2021. Trailing yield: 5.9%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.1%). Is New 90 Day High Low • Mar 11
New 90-day high: €31.90 The company is up 28% from its price of €25.00 on 10 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €74.80 per share. Analyst Estimate Surprise Post Earnings • Mar 07
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 0.6%. Earnings per share (EPS) exceeded analyst estimates by 978%. Over the next year, revenue is forecast to grow 10%, compared to a 9.9% growth forecast for the Commercial Services industry in Germany. Analyst Estimate Surprise Post Earnings • Feb 13
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 0.6%. Earnings per share (EPS) exceeded analyst estimates by 978%. Over the next year, revenue is forecast to grow 11%, compared to a 7.9% growth forecast for the Commercial Services industry in Germany. Is New 90 Day High Low • Feb 05
New 90-day high: €30.14 The company is up 59% from its price of €18.95 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 40% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.34 per share. Is New 90 Day High Low • Jan 20
New 90-day high: €29.96 The company is up 58% from its price of €18.97 on 22 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €60.14 per share. Is New 90 Day High Low • Dec 31
New 90-day high: €25.60 The company is up 66% from its price of €15.42 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.74 per share. Price Target Changed • Dec 17
Price target raised to €26.80 Up from €25.00, the current price target is an average from 6 analysts. The new target price is 6.7% above the current share price of €25.12. As of last close, the stock is down 22% over the past year. Is New 90 Day High Low • Dec 10
New 90-day high: €25.50 The company is up 52% from its price of €16.78 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €16.87 per share. Analyst Estimate Surprise Post Earnings • Nov 13
Revenue and earnings miss expectations Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 3.6%, compared to a 1.6% growth forecast for the Commercial Services industry in Germany. Reported Earnings • Nov 13
Third quarter 2020 earnings released: €0.42 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €870.0m (down 21% from 3Q 2019). Net loss: €17.0m (down 440% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 11
New 90-day high: €20.52 The company is up 19% from its price of €17.30 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €34.76 per share. Is New 90 Day High Low • Sep 25
New 90-day low: €14.49 The company is down 9.0% from its price of €15.85 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €35.34 per share.