Hochtief

By the end of September, Hochtief recorded a record order backlog of €90 billion, 29% more than a year earlier. In the past twelve months the company received almost €27 billion in orders for data centers alone in Asia, the US and Europe. In the first half of the year group operating profit rose 40% to €752 million, with revenues up 14% to just over €32 billion. Drivers are demand for AI infrastructure as well as projects in energy, defense and critical minerals, says CEO Juan Santamaría. » Mere på spiegel.de

Hochtief continues to secure large contracts, including AI data centers, a framework agreement in Sellafield and a contract from the US Air Force, pushing the order backlog to €84.8 billion as of June 30, 2026. Despite strong order intake and growth potential across several sectors, the P/E ratio stands at nearly 28, leaving the stock in a downtrend since its May 2026 peak. The key for the share price will be how quickly orders are converted into revenue and earnings and whether the nine‑month figures on November 5 can meet expectations. » Mere på finanzen.net

HOCHTIEF has won a long-term framework contract worth up to £1.5 billion for the operation, maintenance and further development of the Sellafield nuclear site. The contract runs for up to 15 years (nine years plus a six-year option) and replaces a previous framework agreement. HOCHTIEF will provide a wide range of services in partly radiation-controlled, operational areas; the site's focus is on remediation, decommissioning and safe storage of nuclear waste. CEO Juan Santamaría sees nuclear infrastructure as a significant growth market; HOCHTIEF is majority-owned by ACS. » Mere på finanzen.net

Hochtief shares lost around 7.9% in trading and fell to €383.3 after calls by leading US tech executives for a slowdown in AI development put pressure on semiconductor stocks and cyclical names. A markedly risk-averse market and a Jefferies price target below expectations intensified the selling pressure. Operationally, Hochtief remains solid despite the share price decline thanks to strong H1 results and a record order backlog. » Mere på de.investing.com

HOCHTIEF has acquired Autmatec, a specialist in high-voltage overhead lines based in Walldorf. Autmatec employed around 80 people and most recently generated annual revenue of about €50 million; the purchase price was not disclosed. The deal is intended to give HOCHTIEF immediate access to expertise, customer relationships and certifications in a rapidly growing European infrastructure market; the stock was trading slightly down. » Mere på finanzen.net