Hochtief Reports Strong Q3 2026 Growth and Record Order Backlog

Hochtief reported a 40% increase in operative group profit to €752 million and a 14% rise in revenue to €32.1 billion for the first nine months of 2026, exceeding analyst expectations. New orders climbed 33% to €48.6 billion, lifting the order backlog to a record nearly €90 billion, with demand strongest in AI, digitalization, energy and security. The company reaffirmed its 2026 outlook for operative group profit after tax of €1.025 billion to €1.1 billion, while CEO Juan Santamaria highlighted profitable growth and disciplined risk management.