Archive

Vienna, 14.12.2020 – PORR received another recognition of its expertise with the award of a EUR 286m (GBP 260m) contract to supply slab track for the most significant infrastructure project in Great Britain in centuries.

Adjusted order backlog1 rises to EUR 6.8 bn Production output totals EUR 3.8 bn Q3 EBT negative at EUR -62.4m Positive outlook for 2021 Vienna, 26.11.2020 – Austria's second largest construction group, PORR, with about 20,000 employees, has generated production output of more than EUR 3.8 bn in its 9 countries in the first three quarters of 2020. The COVID pandemic has had a massive…

Vienna, 17.11.2020 – Austria's second largest construction group, PORR, with about 20,000 employees, is expected to achieve a production output of more than EUR 5 bn in its 9 countries this year. The COVID pandemic also has a massive impact on PORR's business activities and, in addition to a revaluation of projects, will probably result in a negative EBT (earnings before taxes) in the range of EUR…

Coronavirus impacts production output and earnings Order backlog at an all-time high of over EUR 7.6 bn New direction and acceleration of the PORR 2025 transformation Uncertainty in 2020 continues; long-term positive trend intact Vienna, 26.08.2020 – The ongoing coronavirus pandemic impacted both production output (EUR 2.3 bn) and EBT (EUR -26.6m) and has led to a year-on-year decrease.…

Vienna/Prague, 21.07.2020 – PORR has been entrusted with realising the new office building of the Supreme Audit Office in Prague. The contract is the first major public project in the Czech Republic to be realised in accordance with the FIDIC Yellow Book (design & build). It will simultaneously serve as a pilot project to fully utilise the trailblazing methods of Building Information Modeling…

Production output of EUR 5.6 bn again at record level Momentum from high order backlog of EUR 7.1 bn Guidance for earnings and dividends confirmed Stable net debt, strong liquidity 2020 targets: Output at previous year’s level EBT margin 2020: 1.3% - 1.5%   Vienna, 10.03.2020 – PORR ended its 2019 year of consolidation with a high order backlog that again surpassed the…

Warsaw / Vienna, 05.02.2020 – PORR S.A. has been commissioned by PKP Polskie Linie Kolejowe to modernise the E59 section between Krzyż and Dobiegniew. The value of the contract amounts to approximately EUR 88m (PLN 374m). The project will be completed in the fourth quarter of 2022.

Volume of EUR 150 million placed above expectations Interest rate at 5.375 % lower than last issue due to high demand Partial repurchase of the 2017 hybrid bond   Vienna, 31 January 2020 – PORR AG has successfully completed the issue of a subordinated bond (hybrid bond), including the upstream partial repurchase of the hybrid bond issued in 2017. In total, a nominal amount of around EUR…