Financial year developing better than expected
Glattpark (Opfikon), 30 June 2022 – Implenia is on track for profitable and sustainable growth. The financial year 2022 is developing better than expected.
The planned increase in total equity by CHF 80 million is set to be exceeded. The Group is on track to achieve an underlying performance at EBIT level of at least CHF 80 million already for the first half year 2022 (HY1.2021: CHF 40 million). So far, Implenia expected EBIT of >CHF 120 million for the full year 2022, and an underlying performance at EBIT level of >CHF 100 million (estimated share of positive one-time effects from transformation <20%).
With its attractive offering, Implenia has a strong position in all relevant markets. This is not only evident in the continuing high level of order intake, but is also becoming visible in the Company’s profitability. All Divisions are expected to improve their EBIT contribution this year. As announced on 1 March, Implenia expects a significant contribution to full year 2022 profits from the Division Real Estate. The envisaged strengthening of Implenia’s total equity in 2022 will additionally be supported by the revaluation of some operating properties of the Company, in line with IFRS guidelines.
In the currently challenging environment, the Group is pursuing an active, forward-looking contract and procurement management with regard to supply chains, and the availability and cost of construction materials for its customers in the projects.
Implenia will report its results for the first half year 2022 and the higher expectations for the full year 2022 on 17 August 2022.
Contact for media:
Corporate Communications, T +41 58 474 74 77, communication@implenia.com
Contact for Investors and Analysts:
Investor Relations, T +41 58 474 35 04, ir@implenia.com
Dates for investors:
17 August 2022: Interim results 2022, Analysts’ and Media Conference
1 March 2023: Annual results 2022, Analysts’ and Media Conference
As Switzerland’s leading construction and real estate service provider, Implenia develops and builds homes, workplaces and infrastructure for future generations in Switzerland and Germany. It also offers tunnelling and related infrastructure projects in further markets. Formed in 2006, the company can look back on around 150 years of construction tradition. The company brings together the know-how of its highly skilled development, planning and execution units under the umbrella of an integrated leading multinational construction and real estate service provider. With its broad offering and the expertise of its specialists, the Group realises large, complex projects and provides client-centric support across the entire life cycle of a building or structure. It focuses on client needs and on striking a sustainable balance between commercial success and social and environmental responsibility. Implenia, with its headquarters in Opfikon near Zurich, employs more than 8,000 people across Europe and posted revenue of CHF 3.8 billion in 2021. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at implenia.com.
