Bilfinger (ETR:GBF) confirmed its 2026 outlook after reporting a slower start to the year, with management pointing to severe winter weather and geopolitical uncertainty as factors that delayed customer decisions and pressured operations in the first quarter.
Group CEO Thomas Schulz said orders received fell 5% in the quarter, while revenue rose 4% to EUR 1.3 billion. The company reported an EBITDA margin of 4.6%, up 10 basis points from the prior-year period, and earnings per share increased to EUR 0.99 from EUR 0.84. Free cash flow was EUR 21 million.
