Implenia Future Growth

Future criteria checks 1/6

Implenia is forecast to grow earnings and revenue by 4.2% and 2.1% per annum respectively. EPS is expected to grow by 5.5% per annum. Return on equity is forecast to be 11.2% in 3 years.

Key information

4.2%

Earnings growth rate

5.5%

EPS growth rate

Construction earnings growth	0.9%
Revenue growth rate	2.1%
Future return on equity	11.2%
Analyst coverage	Low
Last updated	15 Apr 2025

Recent future growth updates

Recent updates

Implenia AG's (VTX:IMPN) CEO Compensation Is Looking A Bit Stretched At The Moment

Mar 20

Is There An Opportunity With Implenia AG's (VTX:IMPN) 38% Undervaluation?

Dec 21

Is Implenia AG (VTX:IMPN) Trading At A 37% Discount?

Aug 17

Should You Investigate Implenia AG (VTX:IMPN) At CHF19.00?

Jun 17

Should You Investigate Implenia AG (VTX:IMPN) At CHF23.00?

Jan 18

Is Implenia (VTX:IMPN) Using Too Much Debt?

Mar 25

Should You Buy Implenia AG (VTX:IMPN) For Its Dividend?

Feb 18

What Type Of Returns Would Implenia's(VTX:IMPN) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Jan 28

Earnings and Revenue Growth Forecasts

SWX:IMPN - Analysts future estimates and past financials data (CHF Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	3,781	105	99	172	4
12/31/2026	3,673	98	93	165	4
12/31/2025	3,596	94	120	155	4
12/31/2024	3,559	92	-38	43	N/A
9/30/2024	3,588	114	18	95	N/A
6/30/2024	3,616	135	74	147	N/A
3/31/2024	3,606	138	-8	58	N/A
12/31/2023	3,596	141	-90	-30	N/A
9/30/2023	3,544	107	-167	-115	N/A
6/30/2023	3,492	74	-243	-200	N/A
3/31/2023	3,515	89	-77	-36	N/A
12/31/2022	3,538	105	89	128	N/A
9/30/2022	3,593	104	161	203	N/A
6/30/2022	3,648	103	232	278	N/A
3/31/2022	3,706	82	58	104	N/A
12/31/2021	3,765	61	-116	-69	N/A
9/30/2021	3,856	-54	-243	-196	N/A
6/30/2021	3,946	-170	-370	-323	N/A
3/31/2021	3,968	-152	-296	-242	N/A
12/31/2020	3,989	-135	-222	-162	N/A
9/30/2020	4,081	-24	-112	-44	N/A
6/30/2020	4,173	87	-2	73	N/A
3/31/2020	4,302	59	32	108	N/A
12/31/2019	4,431	30	65	144	N/A
9/30/2019	4,428	8	-12	70	N/A
6/30/2019	4,425	-13	-90	-4	N/A
3/31/2019	4,395	-9	-76	6	N/A
12/31/2018	4,364	-5	-62	16	N/A
9/30/2018	4,328	25	N/A	67	N/A
6/30/2018	4,291	56	N/A	118	N/A
3/31/2018	4,075	46	N/A	158	N/A
12/31/2017	3,859	36	N/A	197	N/A
9/30/2017	3,627	38	N/A	174	N/A
6/30/2017	3,394	40	N/A	151	N/A
3/31/2017	3,331	50	N/A	107	N/A
12/31/2016	3,267	60	N/A	62	N/A
9/30/2016	3,303	54	N/A	86	N/A
6/30/2016	3,338	49	N/A	110	N/A
3/31/2016	3,313	48	N/A	128	N/A
12/31/2015	3,288	48	N/A	145	N/A
9/30/2015	3,155	55	N/A	106	N/A
6/30/2015	3,021	61	N/A	66	N/A
3/31/2015	2,970	65	N/A	92	N/A
12/31/2014	2,920	69	N/A	117	N/A
9/30/2014	2,991	70	N/A	122	N/A
6/30/2014	3,062	71	N/A	126	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IMPN's forecast earnings growth (4.2% per year) is above the savings rate (0.4%).

Earnings vs Market: IMPN's earnings (4.2% per year) are forecast to grow slower than the Swiss market (10.7% per year).

High Growth Earnings: IMPN's earnings are forecast to grow, but not significantly.

Revenue vs Market: IMPN's revenue (2.1% per year) is forecast to grow slower than the Swiss market (4.5% per year).

High Growth Revenue: IMPN's revenue (2.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IMPN's Return on Equity is forecast to be low in 3 years time (11.2%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/23 03:43
End of Day Share Price	2025/04/23 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Implenia AG is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Patrick Appenzeller	Baader Helvea Equity Research
Christian Arnold	Bank Vontobel AG
Torsten Sauter	Berenberg

Implenia Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 8.9% to CHF45.00

Price target increased by 7.8% to CHF41.33

Price target decreased by 22% to CHF38.00

Price target increased by 28% to CHF48.50

Price target increased to CHF38.00

Implenia AG Provides Earnings Guidance for the Full Year 2022

Recent updates

Price target increased by 8.9% to CHF45.00

Implenia AG to Report Fiscal Year 2025 Results on Mar 04, 2026

New minor risk - Share price stability

Implenia Ag Appoints Marie-Noëlle Zen-Ruffinen as Board Member and Member of the Nomination and Compensation Committee

Upcoming dividend of CHF0.90 per share

Should You Investigate Implenia AG (VTX:IMPN) At CHF40.60?

Dividend increased to CHF0.90

Price target increased by 7.8% to CHF41.33

New major risk - Financial position

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Implenia AG (VTX:IMPN) Shares Fly 27% But Investors Aren't Buying For Growth

Integration Of Wincasa Will Continue To Strain Cash Flows

Implenia AG Announces Not Standing for Re-Election of Martin Fischer as Member of the Board of Directors

Implenia AG to Report First Half, 2025 Results on Aug 20, 2025

Here's Why Implenia (VTX:IMPN) Has Caught The Eye Of Investors

First half 2024 earnings released: EPS: CHF1.43 (vs CHF1.75 in 1H 2023)

New major risk - Financial position

Implenia AG Announces CEO Changes

BURU Holding AG acquired 13.7% stake in Implenia AG (SWX:IMPN) from Max Roessler.

Implenia AG, Annual General Meeting, Mar 25, 2025

Implenia AG to Report Fiscal Year 2024 Results on Feb 26, 2025

Upcoming dividend of CHF0.60 per share

Implenia AG's (VTX:IMPN) CEO Compensation Is Looking A Bit Stretched At The Moment

New major risk - Financial position

Full year 2023 earnings released

Implenia AG to Report First Half, 2024 Results on Aug 21, 2024

Investor sentiment improves as stock rises 15%

New minor risk - Share price stability

Is There An Opportunity With Implenia AG's (VTX:IMPN) 38% Undervaluation?

New minor risk - Share price stability

Price target decreased by 22% to CHF38.00

First half 2023 earnings released: EPS: CHF1.75 (vs CHF3.42 in 1H 2022)

New major risk - Financial position

Is Implenia AG (VTX:IMPN) Trading At A 37% Discount?

Investor sentiment improves as stock rises 16%

Price target increased by 28% to CHF48.50

Implenia AG (SWX:IMPN) acquired Wincasa AG from Swiss Prime Site AG (SWX:SPSN).

Upcoming dividend of CHF0.40 per share at 1.1% yield

Full year 2022 earnings released: EPS: CHF5.68 (vs CHF3.31 in FY 2021)

Peri Vertrieb Deutschland Verwaltungs Gmbh acquired Implenia Schalungsbau Gmbh from Implenia AG (SWX:IMPN).

Peri Vertrieb Deutschland Verwaltungs Gmbh acquired Implenia Schalungsbau Gmbh from Implenia AG (SWX:IMPN).

Price target increased to CHF38.00

Insufficient new directors

Implenia AG Provides Earnings Guidance for the Full Year 2022

Implenia AG, Annual General Meeting, Mar 28, 2023

Price target increased to CHF28.00

First half 2022 earnings released: EPS: CHF3.42 (vs CHF1.17 in 1H 2021)

Investor sentiment improved over the past week

Implenia AG Provides Earnings Guidance for the Year 2022

Implenia AG Provides Earnings Guidance for the Full Year 2022

Should You Investigate Implenia AG (VTX:IMPN) At CHF19.00?

Implenia AG to Report Fiscal Year 2022 Results on Mar 01, 2023

Insufficient new directors

Insufficient new directors

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Implenia AG to Report First Half, 2022 Results on Aug 17, 2022

Should You Investigate Implenia AG (VTX:IMPN) At CHF23.00?

Vigier Holding AG, Walo Bertschinger Holding Ag and H 2 M Participations SA acquired 66% stake of Gravière de La Claie-aux-Moines S.A. from Implenia AG (SWX:IMPN)

Insufficient new directors

Price target decreased to CHF22.50

Price target decreased to CHF25.00

First half 2021 earnings released: EPS CHF1.17 (vs CHF3.06 in 1H 2020)

Implenia AG (SWX:IMPN) acquired Norbridge As.

swenex - swiss energy exchange Ltd acquired Tetrag Automation AG from Implenia AG (SWX:IMPN).

Sitelog Infra Gmbh acquired Austrian Equipment & Technology Services Unit Of Implenia AG from Implenia AG (SWX:IMPN).

Implenia AG (SWX:IMPN) completed the acquisition of BAM Swiss AG from BAM Deutschland AG.

Implenia Plans to Concentrate on Building Construction as A Full-Service Provider and Turnkey Contractor

Is Implenia (VTX:IMPN) Using Too Much Debt?

Implenia Wins Five Building Construction Contracts in Germany