Strabag (STR) Investor presentation summary

Investment highlights

• Exposure to four high-growth markets: mobility infrastructure, energy & water infrastructure, high-tech facilities, and building decarbonisation.

• Strong market positions in core regions, especially Germany, Austria, and Central and Eastern Europe.

• Vertically integrated value chain with over 550 production sites and a comprehensive service portfolio.

• Diversified by segment, region, project size, and client type, supporting resilience against market fluctuations.

• Focus on innovation, digitalisation, and sustainability, aiming for climate-neutral operations by 2040.

Market opportunities

• Mobility infrastructure benefits from substantial public investments, including Germany's €500 billion fund and EU Cohesion Fund.

• Energy & water infrastructure growth driven by over €1 trillion in EU funding, electrification, and climate adaptation.

• High-tech facilities supported by €43 billion from the EU Chips Act and €90+ billion via Horizon Europe.

• Building decarbonisation accelerated by €400 billion in EU Green Deal funding and regulatory pressure to double renovation rates by 2030.

Competitive advantages

• Leading market positions through critical size and diversified operations.

• Innovation and sustainability through technology leadership, with over 250 innovation and 400 sustainability projects.

• Financial strength with a consistent equity ratio above 30% and a net cash position, supported by investment grade rating.

• Effective risk management system leveraging AI to reduce project risks.