EANS-Adhoc: STRABAG SE expects 2020 EBIT to exceed previous year’s level - ATTACHMENT EAE

Tuesday, 09. February 2021 15:16
  Disclosed inside information pursuant to article 17 Market Abuse Regulation
  (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
  The issuer is responsible for the content of this announcement.

Earnings Forecast

Vienna - After an internal evaluation of all currently available information,
the Management Board of STRABAG SE expects the EBIT for 2020 to exceed the
previous year's EBIT, which had amounted to around EUR 600 million.

The 2020 financial year was a challenging one in some markets due to the Covid-
19 pandemic. Positive effects predominated, however, for example in the
transportation infrastructures segment of several core markets. This allows the
group to expect significantly higher earnings than forecast for the 2020
financial year overall.

The 2020 output volume exceeds expectations but still remains considerably below
the previous year's value. Due to this special constellation, the previously
targeted EBIT margin of at least 3.5 % will be significantly exceeded in the
2020 financial year.

This extraordinary earnings situation in the 2020 financial year does not change
the planning for the coming years.

Detailed business figures and the final 2020 EBIT will be reported on 30 April

Further inquiry note:
Marianne Jakl
Interim Head of Corporate Communications & Investor Relations
Tel. +43 1 22422-1174

end of announcement                         euro adhoc

Attachments with Announcement:

issuer:       STRABAG SE
              Donau-City-Straße  9
              A-1220 Wien
phone:        +43 1 22422 -0
FAX:          +43 1 22422 - 1177
mail:         investor.relations@strabag.com
WWW:          www.strabag.com
ISIN:         AT000000STR1, AT0000A05HY9
indexes:      ATX, SATX, WBI
stockmarkets: Wien
language:     English

EAX0007    2021-02-09/15:16

Related Links: STRABAG SE
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