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2023

PORR considers issuing a hybrid bond

Q3 result as a strong tailwind Focus on optimising the balance sheet Targeted equity ratio of 20-25% Outlook for 2023 remains positive Vienna, 29.11.2023 - As part of the optimisation of its equity structure, PORR is currently examining the issue of a hybrid bond in the 2024 financial year, including the possibility of a repurchase offer for the hybrid bonds 2020 and 2021. Raiffeisen Bank…

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PORR continues on success course

Strong order increase in the first nine months 2023 Revenue increases by 7.5%, production output totals EUR 4.8 bn Order intake grows by 14.7% to EUR 5.3 bn High order backlog of EUR 8.7 bn (+10.6%) EBT rise to EUR 68.0m Positive outlook for 2023 Increased production output of EUR 6.5 bn to EUR 6.7 bn Improved EBT of EUR 125m to EUR 130m Vienna, 23.11.2023 – With an order…

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PORR begins preparatory work for Ebensee pumped storage power plant

Vienna, 24.10.2023 – PORR has been charged with building the Ebensee pumped storage power plant for Energie AG Oberösterreich – a complex undertaking for which the construction company is delivering its bundled expertise. PORR’s contract for the power plant is worth approximately EUR 167m and trial operations are set to begin in late 2027.

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Green light for first gypsum-to-gypsum-recycling plant in Austria

Cross-sector partnership realises “Zero Waste Vision” for plasterboard Legal framework serves as both success factor and challenge Trailblazing model for delivering on circular economy   Vienna, 03.10.2023 – Construction company PORR, dry construction specialist Saint-Gobain (known for its RIGIPS brand) and waste management company Saubermacher are introducing Austria’s first…

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PORR expands into prefab elements sector

Vienna, 28.09.2023 – PORR is acquiring 60 percent of the Ennstal-based company Sanitär-Elementbau, thereby strengthening the prefabricated elements business within the Group. IGO Industries will retain 40 percent of the shares. Sanitär-Elementbau GmbH is a leader in producing customised installation systems. The prefabricated elements are used in residential, hotel and office construction, reduce…

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DORACO & PORR win major contract for the new Pomeranian Medical University

Vienna/Warsaw, 05.09.2023 – The prestigious Pomeranian Medical University in Szczecin in Poland has signed a contract for the construction of a new clinical, teaching and research building. The modern space will provide comfortable conditions for the development of a number of specialised departments and the expansion of the outpatient clinic complex. As part of a public tender, the contract was…

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PORR: Claude-Patrick Jeutter nominated as member of the management board

Vienna, 31.08.2023 – The nomination committee of the supervisory board has nominated today Claude-Patrick Jeutter as member of the management board and COO of PORR AG as of 1 January 2024. The corresponding resolutions are to be passed at the supervisory board meeting on 21 September 2023. Josef Pein will take his well-earned retirement at the turn of the year and will resign from his position as…

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PORR: Solid plus in the first half-year

Order backlog of almost EUR 9 bn (+11.7%) at all-time high Production output up by 9.1% to over EUR 3 bn Order intake grows by 25% EBT rises to EUR 27.5m (+24.6%) 2023 outlook confirmed: Production output of EUR 6.5 bn to EUR 6.7 bn Further increase in earnings Vienna, 29.08.2023 – With its broadly positioned construction portfolio, PORR managed to achieve significant output…

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PORR investing in E-mobility

Vienna, 27.07.2023 – The expansion of the charging infrastructure in Austria is advancing at speed. And PORR is investing in E-mobility as well. This year it is introducing 71 charging points for electric vehicles at eleven company sites. More charging points will follow. At the same time, work is also being done on expanding alternative drive systems in the machinery fleet.

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PORR to build caverns and tunnel system for Forbach pumped storage power plant

Vienna/Munich, 05.07.2023 – EnBW Energie Baden-Württemberg AG is investing around EUR 280m in the conversion of the Rudolf Fettweis Plant (RFW) in Forbach from a storage and run-of-river power plant to a pumped storage power plant. PORR has secured the contract for Lot 2 “Civil works” with a total volume of EUR 98.3m.

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