)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Bilfinger
Bilfinger (GBF) investor relations material
Bilfinger Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary11 Nov, 2026
Executive summary
Q3 orders received rose 25% reported and 21% organically to €1.70bn; revenue declined 1% reported and 5% organically to €1.364bn.
EBITA margin fell to 4.6% from 5.8%; net profit was €43m and free cash flow was €75.8m, up from €71m.
FY 2026 outlook was confirmed; Program Agile remains on track.
Financial highlights
Q3 gross profit was €135.9m, down 13%; EBITA was €62.6m, down 23%, and EBITDA was €94.5m, down 15%.
Q3 net profit declined 21% to €43.0m; EPS was €1.16 versus €1.47. Adjusted net profit was €42.6m and adjusted EPS was €1.15.
9M revenue rose 3% to €4,127.3m; EBITA declined 6% to €199.5m and net profit was €133.8m, unchanged YoY.
9M free cash flow was €144.8m, down 38% from €233m; Q3 operating cash flow rose 6% to €85.7m.
Outlook and guidance
FY 2026 guidance: revenue €5.3–5.7bn, reported EBITA margin 3.2–3.6% including Agile costs, adjusted EBITA margin 4.6–5.0%, and free cash flow €180–220m.
Segment FY guidance: Western Europe revenue €1.7–1.9bn and adjusted EBITA margin 6.8–7.0%; Central Europe €2.4–2.7bn and 4.6–5.0%.
International FY guidance: revenue €1.0–1.15bn and adjusted EBITA margin 2.5–3.5%; reconciliation adjusted EBITA guidance is €-20m to -10m.
2030 targets: revenue CAGR of 8–10%, EBITA margin of 8–9%, and free cash flow conversion of at least 90%.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Bilfinger
- FY 2026 guidance cut; Agile targets €75m annual EBITA gains by 2028.GBF
Investor update - 2026 outlook cut as market delays and underutilization hit margins; "Agile" restructuring launched.GBFInvestor update
- Revenue up 7% year-over-year, EBITA margin at 5.3%, and 2026 outlook confirmed.GBFQ2 2026
- Revenue up 4%, EBITA margin at 4.6%, 2026 outlook confirmed despite order delays.GBFQ1 2026
- Revenue up 8%, EBITA margin 5.5%, free cash flow €330m, and a positive 2026 outlook.GBFQ4 2025
- 2030 targets: 8%-10% growth, 8%-9% EBITDA/EBITA margin, digitalization as key driver.GBFCMD 2025
- Q3 2025 revenue up 8% year-over-year, EBITA margin at 5.8%, and free cash flow at €71 million.GBFQ3 2025
- Q3 2024 delivered record orders, margin gains, and a raised free cash flow outlook.GBFQ3 2024
- Orders up 20%, EBITA margin at 5.4%, and free cash flow positive in Q2 2024.GBFQ2 2024
Next Bilfinger earnings date
Q4 20263 Mar, 2027
Bilfinger
Next Bilfinger earnings date
Q4 20263 Mar, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Bilfinger SE is an international industrial services provider. The company offers a comprehensive range of services that span the entire value chain, including consulting, engineering, manufacturing, assembly, maintenance, and plant expansion. It also specializes in turnarounds, environmental technologies, and digital applications. Bilfinger's aim is to enhance the efficiency and sustainability of its customers in the process industry, positioning itself as a leading partner in the market. The company is headquartered in Mannheim, Germany, and its shares are listed on the Deutsche Börse.