Reported Earnings • 16h
Second quarter 2026 earnings released: EPS: €3.42 (vs €2.30 in 2Q 2025) Second quarter 2026 results: EPS: €3.42 (up from €2.30 in 2Q 2025). Revenue: €10.8b (up 14% from 2Q 2025). Net income: €257.6m (up 49% from 2Q 2025). Profit margin: 2.4% (up from 1.8% in 2Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Construction industry in Italy. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 12
First quarter 2026 earnings released: EPS: €2.79 (vs €4.09 in 1Q 2025) First quarter 2026 results: EPS: €2.79 (down from €4.09 in 1Q 2025). Revenue: €9.41b (up 5.6% from 1Q 2025). Net income: €210.0m (down 32% from 1Q 2025). Profit margin: 2.2% (down from 3.5% in 1Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Construction industry in Italy. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €553, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 11x in the Construction industry in Italy. Total returns to shareholders of 694% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €427 per share. Buy Or Sell Opportunity • May 05
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 43% to €498. The fair value is estimated to be €399, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Upcoming Dividend • Apr 23
Upcoming dividend of €6.60 per share Eligible shareholders must have bought the stock before 30 April 2026. Payment date: 07 July 2026. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Italian dividend payers (4.7%). Lower than average of industry peers (3.4%). Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €453, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 11x in the Construction industry in Italy. Total returns to shareholders of 533% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €408 per share. Declared Dividend • Mar 19
Dividend increased to €6.60 Dividend of €6.60 is 26% higher than last year. Ex-date: 30th April 2026 Payment date: 7th July 2026 Dividend yield will be 1.7%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 18
HOCHTIEF Aktiengesellschaft announces Annual dividend, payable on July 07, 2026 HOCHTIEF Aktiengesellschaft announced Annual dividend of EUR 6.6000 per share payable on July 07, 2026, ex-date on April 30, 2026 and record date on May 04, 2026. Reported Earnings • Feb 23
Full year 2025 earnings released: EPS: €11.99 (vs €10.31 in FY 2024) Full year 2025 results: EPS: €11.99 (up from €10.31 in FY 2024). Revenue: €38.9b (up 17% from FY 2024). Net income: €902.3m (up 16% from FY 2024). Profit margin: 2.3% (in line with FY 2024). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Construction industry in Italy. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jan 13
HOCHTIEF Aktiengesellschaft to Report Nine Months, 2026 Results on Nov 05, 2026 HOCHTIEF Aktiengesellschaft announced that they will report nine months, 2026 results on Nov 05, 2026 New Risk • Dec 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Large one-off items impacting financial results. New Risk • Nov 10
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: €2.32 (vs €1.90 in 3Q 2024) Third quarter 2025 results: EPS: €2.32 (up from €1.90 in 3Q 2024). Revenue: €9.74b (up 9.1% from 3Q 2024). Net income: €174.6m (up 22% from 3Q 2024). Profit margin: 1.8% (up from 1.6% in 3Q 2024). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Construction industry in Italy. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €257, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Construction industry in Italy. Total returns to shareholders of 512% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €321 per share. Reported Earnings • Jul 26
Second quarter 2025 earnings released: EPS: €2.30 (vs €4.03 in 2Q 2024) Second quarter 2025 results: EPS: €2.30 (down from €4.03 in 2Q 2024). Revenue: €9.45b (up 20% from 2Q 2024). Net income: €173.2m (down 43% from 2Q 2024). Profit margin: 1.8% (down from 3.8% in 2Q 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Construction industry in Italy. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. New Risk • May 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Reported Earnings • May 13
First quarter 2025 earnings released: EPS: €4.09 (vs €1.77 in 1Q 2024) First quarter 2025 results: EPS: €4.09 (up from €1.77 in 1Q 2024). Revenue: €9.10b (up 35% from 1Q 2024). Net income: €307.8m (up 132% from 1Q 2024). Profit margin: 3.4% (up from 2.0% in 1Q 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Construction industry in Italy. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 38% per year. Declared Dividend • Apr 19
Dividend increased to €5.23 Dividend of €5.23 is 19% higher than last year. Ex-date: 30th April 2025 Payment date: 5th May 2025 Dividend yield will be 3.3%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Feb 20
HOCHTIEF Aktiengesellschaft announces Annual dividend, payable on May 05, 2025 HOCHTIEF Aktiengesellschaft announced Annual dividend of EUR 5.2300 per share payable on May 05, 2025, ex-date on April 30, 2025 and record date on May 02, 2025.