Market-Place-4.0 Implenia Construction GmbH

17.08.2022

Implenia stronger after Transformation – significantly higher Profit in first Half of 2022

“Implenia emerges strengthened from transformation. With its performance, its innovative strength and its values the Group is well positioned for profitable growth in the relevant markets,” says CEO André Wyss. “With a sharpened portfolio and a focus on large, complex projects, combined with Value Assurance, our four Divisions are ready to increase profitability sustainably.”

• Equity improved by CHF 106 million and equity ratio substantially increased to 16.0%, stronger free cash flow than in the same period of previous year
• Continued positive order intake, with further improved quality
• Transformation completed: Implenia on track for profitable, sustainable growth
• Position as industry leader in sustainability further strengthened
• Implenia raises EBIT target for 2022 to more than CHF 130 million (no further one-time effects from transformation), continued increase in equity expected

Implenia increased EBIT significantly to CHF 95.1 million

Implenia increased its reported EBIT to CHF 95.1 million (HY1.2021: CHF 40.0 million), based on a strong underlying performance at EBIT level of CHF 93.9 million (HY1.2021: CHF 22.9 million). One-time effects were lower than expected at CHF 1.1 million1. All Divisions were profitable and have improved their underlying performance. Following several years of development work, Division Real Estate generated above-average earnings from the sale of large real estate projects.

As expected, revenue decreased to CHF 1,767 million (HY1.2021: CHF 1,884 million). This was due to the ramp-down of business activities in certain regions and the sale of non-strategic business units in order to increase profitability sustainably as well as to foreign currency effects. Due to the strategic focus on large and complex infrastructure and real estate projects, the order book increased substantially again and stood at CHF 7.1 billion ‒ exceeding CHF 7 billion for the first time (HY1.2021: CHF 6.6 billion). The strict application of Value Assurance, Implenia’s risk management, continued to lead to the acquisition of projects that are strategically relevant and that have a significantly improved risk and margin profile. The pre-calculated gross margin has improved by 1.5 percentage points since the introduction of Value Assurance.

Source: Implenia

#construction #construction business #quarterly reports #stock market #restructuring #sustainability #Implenia Construction GmbH #Tunnelling

                     

15.08.2022

Construction Work starts in August on 83km of Railway Lines in Southern Italy

Works worth more than 3 billion Euros are now underway for the construction of the Hirpinia-Orsara-Bovino section of the High-Speed Naples-Bari line and the sections between Giampilieri and Fiumefreddo of the doubling of the Messina-Catania line:  

15.08.2022

Strabag to modernise Railway Line in Croatia between Zagreb and Rijeka

• Upgrade and new construction of 44 km long section as well as modernisation of several stations and stops
• Contract with a value equivalent to € 228 million, co-financed to a large extent by EU Cohesion Fund
• Construction time: 30 months  
  
  

15.08.2022

AVA Montajes and Hatch successfully complete Construction of World's Largest Tailings Thickener

Construction of the world’s largest thickener – which has a diameter of 124 m and steep floor slopes – has been completed jointly by AVA Montajes and Hatch Chile and took place throughout the period of social unrest and the pandemic, both issues requiring an increased effort from the team to achieve project success.  

15.08.2022

thyssenkrupp Mining Technologies signs Strategic Partnership with Wealth Minerals on Ollagüe Salar Development

thyssenkrupp Mining Technologies has signed a cooperation agreement with Wealth Minerals for the development of their Ollagüe Salar lithium project.