Divisional Key Figures

Division Real Estate achieved good EBIT of CHF 40.5 million (2022: CHF 81.1 million), despite a market-related valuation adjustment of CHF −4.2 million from the participation in Ina Invest.

In response to a rapidly growing population, partners need to come together to develop and densify sites. Commissioned by Ina Invest, Division Real Estate is developing a lively new neighbourhood called "Bredella" directly next to the railway station in Pratteln near Basel. A crowded industrial estate is being turned into an open, attractive space for living, working and leisure.

The Division is continuing to develop partner-ship-based cooperation models with Ina Invest. At an apartment building project on Schaffhauserstrasse in Zurich, relations with planners and contractors are governed by a multi-party contract.

At the "Tivoli" project in Neuchâtel, Implenia is bringing new life to an old industrial site, paying great respect to the place, its history and its inhabitants, while focusing on sustainability, generous green space, varied architecture and multiple uses for different stakeholders. Suchard produced chocolate and Sugus chewy sweets here until the end of the 1980s.

Division Buildings further increased its EBIT to CHF 42.8 million (2022: CHF 35.4 million). Both the Swiss and German markets contributed to this continuous improvement in performance.

In Germany and Switzerland, Division Buildings augmented its order book in 2023 with numerous exciting projects for a wide variety of uses. As technical lead within a joint venture, Implenia is building the "Grüne Mitte" community centre on the FRANKLIN site in Mannheim, for example. This will form the striking centrepiece of what is currently one of Germany's largest site development projects.

In Zurich, the Group, acting as total contractor, is sustainably renovating the listed building at Paradeplatz 6 to create offices as well as public and commercial spaces.

In the Quarter des Nations in Geneva, Implenia has been developing and building the sustainable "Green Village" for the World Council of Churches since 2012. It is one of the first real estate developments to meet the One Planet Living® standard. All Green Village buildings are being supplied with 100 percent renewable energy from geothermal heat collectors, solar panels and networked energy (micro-grid), which will result in a zero CO₂ footprint. The "Kyoto" office building is scheduled for handover in 2024. Wincasa is also involved in the Green Village project, working further along the value chain on planning- and construction-related facility management.

Division Civil Engineering achieved higher EBIT of CHF 37.7 million (2022: CHF 35.8 million), compared to the previous year. Revenue amounted to CHF 1,846 million (2022: CHF 1,895 million), or CHF 1,947 million after currency adjustments.

Thanks to its extensive expertise and many years of experience in tunnelling, Implenia is the only company to be working on all four current Alpine tunnel projects: "Gotthard", "Brenner", "Semmering" and "TELT" (Lyon-Turin). Division Civil Engineering is thus making a significant contribution to sustainable mobility in Europe.

In Germany, Implenia is also planning and building the new 1,500 m long, 42 m high "Rader Hochbrücke" motorway bridge over the Kiel Canal. This plays an important role in transport to and from Scandinavia.

In 2023, Implenia successfully completed its fifth season of construction work on the new, double-curved Spitallamm dam on Lake Grimsel, located 1,900 m above sea level in the Bernese Oberland. Around 90 percent of the wall is now in place. The dam will ensure continued sustainable production of hydroelectric power: Swiss energy infrastructure for the future.

Division Specialties increased its EBIT including one-time effects to CHF 7.6 million (2022: CHF 4.4 million). Revenue stood at CHF 157 million (2022: CHF 163 million); adjusted for currency effects, it remained at the previous year's level despite adjustments to the Division's portfolio. The strategic business units grew profitably.

In addition to timber construction, Division Specialties offers further specialist and sustainable services for the construction industry through BCL, BBV Systems, Planovita and Façade Technology. BBV Systems, for example, is supplying prestressing technology for the new 1,100-meter-long A14 motorway bridge over the Elbe near the German town of Wittenberge.

A new-build for the German Bundestag in Berlin is integrating "Kunst am Bau" art into large sections of the facade. Implenia Façade Technology is responsible for this demanding work.

A state-of-the-art workspace is being created in the 100-year-old "Wäschefabrik" by Wedding train station, also in central Berlin. BCL is handling the demanding construction logistics. At Lokstadt in Winterthur, Planovita is planning the building technology for Ina Invest's refurbished "Draisine", "Rapide" and "Habersack" halls.