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Annual Report 2013 ...That’S Why the Events and Results of the Past Financial Year Will Be Presented to You This Time by the Entire Management Board Team

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Annual Report 2013 ...That’S Why the Events and Results of the Past Financial Year Will Be Presented to You This Time by the Entire Management Board Team T E A M S WORK Annual Report 2013 ...that’s why the events and results of the past financial year will be presented to you this time by the entire management board team. TO THE VIDEO PRESENTATION The STRABA roup n 2013 – the challenges faced, the opportun t es taken, the most mportant facts and f gures let our management board team take you on a gu ded tour of last year And let us expla n to you why we are real s ng the STRABA v s on under the motto of TEAMS WORK To see the video presentation from the THE MANAEMENT BOARD TEAM STRABAG management board team, just scan the QR code with your smartphone or THOMAS BIRTEL tablet PC. CEO Please download a QR reader. HRISTIAN HARDER The videos can also be found at: CFO www.strabag.com PETER KRAMMER Responsibilities for Segment North + West SIEFRIED WANKER Responsibilities for Segment South + East HANNES TRUNTSHNI Responsibilities for Segment International + Special Divisions The STRABA roup that’s why the at a glance Annual Report 2013 events and results of STRABAG SE is a European-based technolo- quality and at the best price. The hard work and gy group for construction services, a leader in dedication of our more than 73,000 employees innovation and financial strength. Our services allows us to generate an annual output volume span all areas of the construction industry and of about € 14 billion. At the same time, a dense the past f nanc al year cover the entire construction value chain. We network of numerous subsidiaries in many create added value for our clients by our spe- European countries and, increasingly, on other cialised entities integrating the most diverse continents is helping to expand our area of w ll be presented to services and assuming responsibility for them. operation far beyond the borders of Austria and We bring together people, materials and ma- Germany. chinery at the right place and at the right time in order to realise even the most complex con- More information is available at you th s t me by the struction projects – on schedule, of the highest www.strabag.com. ent re management board team T E A M S We del ver our serv ces n three segments NORTH + WEST INTERNATIONAL + SPEIAL DIVISIONS The segment North + West executes construc- The segment International + Special Divisions tion services of varying types and sizes with a includes, on the one hand, the field of tunnel- focus on Germany – our largest national market ling, where we possess leading know-how that – as well as in Poland, the Benelux countries and allows us to operate on some of the world’s Scandinavia. Ground and hydraulic engineering largest construction sites. The concessions Owner, edtor and publsher as well as offshore wind can also be found in this business, on the other hand, represents a segment. further important area of business, with global WORK project development activities in transportation STRABAG SE 2013 2012 Triglavstr. 9, 9500 Villach/Austria infrastructures in particular. Regardless of Revenue (€ mln.) 5,524.43 5,509.53 Austrian Commercial Register Number FN 88983 h where the services are rendered, our construc- EBIT (€ mln.) 72.54 -51.32 District Court Klagenfurt tion materials business, including our dense EBIT-margin (%) 1.3 -0.9 network of raw materials operations but with Employees 22,695 25,108 Our Investor Relations department will gladly answer all your questions: the exception of asphalt, also belongs to this segment. STRABAG SE SOUTH + EAST Diana Neumüller-Klein The real estate business, which stretches from Head of Corporate Communications & Investor Relations The geographic focus of the segment South + project development and planning to construc- Donau-City-Str. 9, 1220 Vienna/Austria East is on Austria, Switzerland, Hungary, the tion and operation and also includes the prop- +43 800 880 890 Czech Republic, Slovakia, Russia and its neigh- erty and facility services business, completes @ [email protected] bouring countries as well as South-East the wide range of services of the segment and www.strabag.com Europe. Our railway construction, environ- of the group. Additionally, most of our services TO THE VIDEO PRESENTATION mental technology and selected real estate in non-European markets are also bundled in The Annual Report was prepared with the highest possible attention to detail. All information was verified. development activities are also handled within the International + Special Divisions segment. The possibility of rounding errors, printing errors or misprints, however, cannot be completely excluded. The Annual Report contains information and forecasts related to the future development of STRABAG SE. this segment. These forecasts represent estimates made on the basis of all available information at the time of publication. Should 2013 2012 Logo the assumptions underlying the forecasts fail to appear, the actual results could deviate from the expectations. 2013 2012 2,661.29 PEFC plus Revenue (€ mln.) 2,458.68 Many of the projects contained in this financial report were carried out in consortia. Revenue (€ mln.) 4,466.03 4,792.43 EBIT (€ mln.) 69.58 126.93 We hereby extend a warm “thank you” to all our partners. Text Logo Print EBIT (€ mln.) 138.23 148.89 EBIT-margin (%) 2.8 4.8 Creative support during the preparation of the Annual Report: Wien Nord Werbeagentur GmbH CO2 Annual Report EBIT-margin (%) 3.1 3.1 20,426 Copy-editing: be.public Corporate & Financial Communications GmbH Employees 23,575 Producer: 08/16 printproduktion gmbh kompensiert 2013 Employees 21,089 22,699 Umschlag_GB_2013_STRABAG_ohne_E.indd 1 09.04.14 13:33 Key gures KEY FINANIAL FIURES 2009 2010 2011 2012 ∆ % 2013 Output volume (€ mln.) 13,021.01 12,777.00 14,325.85 14,042.60 -3 13,573.07 Revenue (€ mln.) 12,551.93 12,381.54 13,713.80 12,983.23 -4 12,475.65 Order backlog (€ mln.) 13,967.57 14,738.74 13,354.00 13,202.66 2 13,469.68 Employees 75,548 73,600 76,866 74,010 -1 73,100 KEY EARNINS FIURES 2009 2010 2011 2012 ∆ % 2013 EBITDA (€ mln.) 684.25 734.69 746.33 608.35 14 694.91 EBITDA margin (% of revenue) 5.5 5.9 5.4 4.7 5.6 EBIT (€ mln.) 282.85 298.95 334.78 207.19 26 261.58 EBIT margin (% of revenue) 2.3 2.4 2.4 1.6 2.1 Profit before taxes (€ mln.) 262.96 279.27 343.33 156.46 47 230.04 Net income (€ mln.) 184.61 188.38 239.29 110.04 42 156.26 Earnings per share (€) 1.42 1.53 1.75 0.58 90 1.11 Dividend per share (€) 0.50 0.55 0.60 0.20 125 0.45 Cash flow from operating activities (€ mln.) 1,115.10 690.42 501.15 268.80 158 693.70 ROCE (%) 5.7 5.4 6.3 4.0 4.6 Investment in fixed assets (€ mln.) 508.73 553.84 477.15 458.28 -15 387.36 KEY BALANE SHEET FIURES 2009 2010 2011 2012 ∆ % 2013 Equity (€ mln.) 3,099.06 3,232.44 3,149.84 3,162.54 2 3,238.77 Equity ratio (%) 32.2 31.1 30.3 31.2 30.7 Net debt (€ mln.) -596.23 -669.04 -267.81 154.55 n. a. -73.73 Gearing ratio (%) -19.2 -20.7 -8.5 4.9 -2.3 Capital employed (€ mln.) 5,042.87 5,235.74 5,336.45 5,322.35 3 5,462.11 Balance sheet total (€ mln.) 9,613.59 10,382.16 10,386.05 10,137.69 4 10,560.79 EBITDA = profit for the period before net interest income, income tax expense and depreciation and amortization EBIT = profit for the period before net interest income and income tax expense ROCE = (net income + interest on debt – interest tax shield (25 %)) / (average group equity + interest-bearing debt) Net debt = financial liabilities less non-recourse debt + provisions for severance and pension obligations – cash and cash equivalents Gearing ratio = net debt / group equity Capital employed = group equity + interest-bearing debt OUTPUT VOLUME BY REION ORDER BAKLO BY REION Rest of world Rest of Rest of 6 % world Europe 11 % 11 % Rest of Germany Europe Germany 43 % 38 % CEE 19 % 25 % CEE Austria Austria 21 % 11 % 15 % OUTPUT VOLUME BY SEMENT ORDER BAKLO BY SEMENT Others 1 % International + Special Divisions International + 21 % Special Divisions North + West 31 % North + West 44 % 41 % South + East 34 % South + East 28 % OUTPUT VOLUME 20092013 ORDER BAKLO 20092013 CAGR 1 % CAGR -1 % € € 15 bn. 15 bn. 14,738.74 14,325.85 13,967.57 14,042.60 13,573.07 13,469.68 13,354.00 13,021.01 13,202.66 12,777.00 0 0 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 EBIT 20092013 EBIT 2013 BY SEMENT CAGR -2 % € € mln. 350 mln. 72.54 North + West 334.78 298.95 138.23 South + East 282.85 261.58 69.58 International + Special Divisions 207.19 -18.77 Other and reconciliation 0 2009 2010 2011 2012 2013 CAGR = Compound annual growth rate CEE = Central and Eastern Europe comprises the following countries: Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Russia and neighbouring countries, Serbia, Slovakia, Slovenia 1 The STRABA constructon group – an nternatonal success story But what exactly defnes STRABA And what does the future hold TEAMS WORK. 2 Annual Report 2013 TEAMS WORK. 3 TEAMS WORK Or Success comes from workng together Wth our team of more than 73,000 people, we offer a servce that promses one thng above all perfect coordnaton The decsve factors for our success therefore are how these people commu- ncate wth each other, how they work together and, above all, how they come together as a strong whole We work wth the understandng that all STRABA enttes form a sngle team the STRABA roup TEAMS TEAMS WORK.WORK.
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