Thursday, 28 May 2026
PORR AG reported a strong first quarter for 2026, with its order backlog exceeding EUR 10 billion for the first time in the company’s history, supported by continued infrastructure demand across Central and Eastern Europe.
The Austrian construction group said its order backlog rose by 13.5 percent year-on-year to EUR 10.0 billion, providing visibility beyond a full year of production output. Order intake increased by 14.7 percent to EUR 1.77 billion, while operating profit (EBIT) climbed 13.1 percent to EUR 14.3 million.
The company maintained its outlook for 2026, expecting moderate growth in output and revenues together with a further improvement in EBIT margin performance.
Chief Executive Officer Karl-Heinz Strauss said the results confirmed the effectiveness of the group’s long-term growth strategy, particularly its focus on civil engineering and selected building construction sectors with strong medium-term demand potential.
Infrastructure continues to be the key growth driver for the group, supported by European Union funding programmes linked to transport and energy projects. Demand for healthcare facilities, industrial developments and data centres also remained resilient during the quarter.
PORR generated production output of EUR 1.3 billion during the first three months of the year, an increase of 2.3 percent compared with the same period in 2025. EBITDA rose 3 percent to EUR 66.8 million, while the EBIT margin improved slightly to 1.1 percent from 1.0 percent a year earlier.
Although revenues declined marginally by 1.5 percent to EUR 1.25 billion due to prolonged winter conditions and a higher share of consortium projects, the group said profitability benefited from cost reductions and strong performances in Poland and the wider CEE region.
Poland delivered some of the strongest growth within the group. Production output in the country rose 22.8 percent to EUR 214 million, while the order backlog increased 22.5 percent to EUR 2.01 billion. Order intake in Poland more than doubled year-on-year to EUR 331 million, driven largely by transport infrastructure contracts.
Among the key projects secured in Poland were sections of the S6 Szczecin western bypass and the DK25 national road between Konin and Rychwał. The company also won a major bridge construction contract for a crossing over the Oder River in Pomorsko.
In Germany, PORR reported signs of improving market activity despite weather-related disruptions early in the year. Order intake in the German business increased 35.7 percent to EUR 418 million, supported by infrastructure and specialist civil engineering projects, including participation in the Fehmarnsund crossing project.
The CEE segment also expanded, with production output rising 8.6 percent to EUR 97 million and the order backlog growing by more than 40 percent to EUR 1.4 billion. New contracts in Romania included water supply and wastewater infrastructure systems in the Cosoba and Săbăreni regions, as well as urban redevelopment works in Timișoara.
PORR said long-term market fundamentals remain supportive despite geopolitical risks linked to the wars in Ukraine and Iran, volatile energy prices and broader economic uncertainty. The company noted that infrastructure investment programmes funded by the EU and national transport and energy operators continue to underpin demand across its core markets.
Residential construction remains more challenging due to financing costs and geopolitical pressures, although the company sees opportunities in affordable housing through its modular construction platform, PORR Living.
Civil engineering currently accounts for around 60.6 percent of the company’s total order backlog, while building construction represents 33.6 percent.
Looking ahead, the group reiterated its long-term target of achieving an EBIT margin of between 3.5 percent and 4 percent by 2030.
