July 24, 2024
Publication Half-year Report 2024
- Operational net profit up 11% to EUR 301 million, or +18% on a comparable basis
- Strong operating cash flow of EUR 1.7 billion last twelve months (LTM) driven by sustained high cash conversion, up EUR 409 million year on year
- Net debt position of EUR 1.1 billion driven by strategic capital allocation decisions and seasonality
- Record H1 new orders of EUR 21.3 billion, up 18% year on year or 14% on a comparable basis
- Acquisition of advanced-tech engineering company Dornan Engineering to accelerate Turner’s strategy of expanding its European presence
- FY 2024 guidance reiterated: operational net profit of EUR 560–610 million (up to +10% year on year)
Press releases
USD 2.6 billion contract to modernize San Francisco International Airport
Learn moreNFL Season Kicks Off in Turner-Built Stadiums Across the United States
Learn moreAECOM Hunt/Turner Joint Venture Celebrates Grand Opening of $2 Billion Intuit Dome
Learn more
Mike Pinkney
HOCHTIEF
Head of Corporate Strategy
Alfredstraße 236
D-45133 Essen
Tel.: +49 201 824-1824
mike.pinkney@hochtief.de
Tobias Loskamp
HOCHTIEF
Head of Capital Markets Strategy
Alfredstraße 236
D-45133 Essen
Tel.: +49 201 824-1871
tobias.loskamp@hochtief.de
Nadine Wärmer
HOCHTIEF
Investor Relations Manager
Alfredstraße 236
D-45133 Essen
Tel.: +49 201 824-2127
nadine.waermer@hochtief.de
Martina Horst
HOCHTIEF
Investor Relations Assistant
Alfredstraße 236
D-45133 Essen
Tel.: +49 201 824-1870
martina.horst@hochtief.de