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Preliminary figures Q1 2024 at Strukton

In Q1 of 2024, Strukton Groep realised a preliminary EBIT of EUR -1.6 million with a revenue of EUR 313.2 million. This is an improvement on the first quarter of 2023. The negative EBIT is the result of lower production in the winter period. The results are in in line with the forecast. Strukton continues the measures to improve the capital position and create rest, stability and perspective.

Financial highlights

  • Revenue of EUR 313.2 million (Q1 2023: EUR 288.6 million)
  • EBIT margin EUR -1.6 million, -0.3% (Q1 2023: EUR -5.9 million, -2.0%).
  • Net result EUR -1.5 million (Q1 2023: EUR -5.6 million)
  • Group equity position EUR 124.3 million; solvency ratio 10,4%
  • Orderbook of EUR 3,371.6 million

New developments in the past months in some major projects, in particular Hoofdstation Groningen and MEET RIVM, and some balance sheet corrections lead to adjustment of the preliminary results over 2022 and 2023 that were reported in March 2024. The2022 net result was adjusted from EUR 207.5 million to EUR 178.4 million and the 2023 net result was adjusted from EUR 27.1 million to EUR 27.5 million.

Planning

Together with the auditor Mazars, Strukton is currently working on the audit of the 2022 annual accounts. The 2022 audit is expected to be completed in May 2024. We expect to complete the audit of the 2023 annual accounts by the end of 2024.

Key figures (unaudited)

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Strukton's preliminary figures Q1 2024

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