Strong growth

PORR achieved record earnings of EUR 130.7m in 2023

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21.03.2024 07:38

PORR achieved a record result of EUR 130.7 million in 2023 and recorded an increase in output of 5.6 percent.

"2023 was an enormously exciting and challenging year for the construction industry. Thanks to our broad-based portfolio and our comprehensive infrastructure expertise, we were able to achieve a great result in this environment," summarizes PORR CEO Karl-Heinz Strauss.

On the one hand, positive impulses in environmental and energy policy stimulated construction activity. On the other hand, the industry felt the effects of a decline in residential construction. Civil engineering and infrastructure construction once again proved to be growth drivers.

This trend is reflected in both production output and order books. Production output rose by 5.6% year-on-year to EUR 6577 million, with double-digit growth in the home markets of Poland, Romania and Germany.

More than half of the output came from civil engineering. The lion's share of production output, amounting to 45.1 percent, was generated on the home market of Austria.

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