HOCHTIEF Q3 Operational Net Profit Rises 48.8% as New Orders Jump 62.6%

HOCHTIEF Aktiengesellschaft posted third-quarter operational net profit of €271.9 million, up 48.8% year over year, as sales and new orders rose and its order backlog reached a record.

Sales totaled €11.9146 billion, an increase of 22.3% from the same quarter a year earlier. Operational profit before tax rose 33.3% to €415.7 million. New orders reached €17.1083 billion, up 62.6% from €10.5222 billion in the third quarter of 2025.

The order backlog stood at €89.7473 billion as of Sept. 30, compared with €69.5653 billion a year earlier, a 29% increase. HOCHTIEF described the backlog as providing about 24 months of visibility.

For the first nine months of 2026, sales rose 14% to €32.0511 billion and operational net profit increased 39.8% to €751.6 million. New orders for the period totaled €48.6082 billion, up 32.7% year over year, or 35% after adjusting for foreign-exchange effects.

Operating cash flow for the 12 months through Sept. 30 was €2.6926 billion before factoring, €686.3 million higher than a year earlier. HOCHTIEF reiterated its full-year operational net profit guidance of €1.025 billion to €1.1 billion, a range the company said would represent year-over-year growth of 30% to 40%.

Chief Executive Officer Juan Santamaría said, “We are winning more work in the markets where we see the strongest structural demand.” HOCHTIEF lists AI, digital and technology, energy and nuclear, security and defense, and critical minerals as strategic growth areas. It also cited recent data-center project awards in Asia, the United States and Europe. The company adjusts its operational profit figures for non-operational effects.