PORR reports strong growth in 2024 with increased orders and profitability

Construction giant PORR has reported significant growth across all key financial metrics in 2024, with strong order intake, a rising backlog, and an improved operating result. Preliminary figures confirm that the company achieved a production output of EUR 6.7 billion, a 2.6% increase compared to the previous year, with particularly robust growth in Romania and Austria. The order backlog also saw an uptick, reaching EUR 8.5 billion, while EBIT improved by 12.9% to EUR 158.4 million.

CEO Karl-Heinz Strauss expressed confidence in PORR’s broad market presence, stating that the company had successfully delivered on its objectives. “PORR delivered in the business year 2024. The EBIT margin stands at 2.6%, and the order situation remains highly positive. The numerous new orders, particularly in infrastructure, industrial construction, and healthcare, highlight the strength of our diverse portfolio,” Strauss noted.

The company’s order intake reached EUR 6.8 billion, demonstrating its strong foothold in civil engineering, which accounted for 55.4% of new projects, while industrial construction doubled. Among PORR’s latest major contracts are a large data center project in Germany worth nearly EUR 200 million, the renovation of Austria’s Luegbrücke bridge, a 34-kilometer high-pressure natural gas pipeline, a factory for wind power components in Poland, and the expansion of Prague’s motorway bypass in the Czech Republic.

PORR continues to solidify its position as a leading construction firm in Europe, leveraging its expertise across multiple sectors. While civil engineering remains a key growth driver, the company also sees rising opportunities in infrastructure, data centers, healthcare, and residential construction. CEO Strauss highlighted expectations for significant expansion in Poland and Romania in 2025, alongside a gradual recovery in Austria’s residential sector.

With its financial health strengthening, PORR maintains a dividend payout policy of 30-50%. The final figures for the 2024 financial year will be released in the PORR Annual and Sustainability Report on 27 March 2025.