HOCHTIEF

Recent events

 7.12.2016 - Another prestigious prize for HOCHTIEF CZ

On Tuesday December 6th the project Educational and cultural center in Broumov – Revitalization of the Monastery has been awarded the title Construction of the Year in the Hradec Králové Region.

 24.11.2016 - Construction of the second building of the ČSOB headquarters in Radlice started

In the Výmolova Street, right across from the existing ČSOB headquarters building in the immediate vicinity of the Radlická Metro Station in Praha 5, works have started on construction of the second building of the bank. At the end of 2018, 1 400 employees of the bank are to move into it. The existing building in Radlice is in the long term regarded as one of the greenest buildings in our country. In terms of environmental friendliness and state-of-the-art technologies, the new head office is expected to even surpass it.

 26.10.2016 - Another piece of success for Kuks

After the astounding victory in the competition Construction of the year 2016, the project or reconstruction of Hospital Kuks has received another prize.

 25.10.2016 - We dominated the competition Construction of the Year 2016

The company HOCHTIEF CZ won two main and two special awards at announcement of results of the competition “Construction of the Year 2016” held on October 13th, 2016.

 15.8.2016 - Boring on the tunnel Považský Chlmec were successfully completed

On Thursday, August 11th, the last meted was driven on the tunnel Považský Chlmec on the highway D3 in the section Žilina (Strážov) – Žilina (Brodno).

 29.7.2016 - First half year 2016: HOCHTIEF increased profits, margins, and order backlog

  • Operational net profit increased to EUR 160 million (up 25% year on year); Q2: EUR 88 million, up 29% year on year

    • Nominal net profit at EUR 140 million, 30% higher than first half of 2015

    • Operational PBT margin up by 60 basis points to 3.5%, with all divisions showing improvements

  • Net cash from operating activities at EUR 312 million in Q2 and EUR 974 million in last twelve months

    • Consistently converting profit into cash; last twelve months EBITDA with 90% cash conversion rate

    • Further improvement of capex management: net capex reduced by EUR 47 million year on year

  • Net cash stands at EUR 113 million; improvement of EUR 88 million quarter on quarter

    • Net cash would stand at EUR 808 million if adjusted for dividends, share buybacks, and acquisitions vs. EUR 133 million in June 2015

  • Order backlog of EUR 38.8 billion up by 6% since end 2015

    • New orders up 12% to EUR 13.2 billion year on year

    • Revenue trend reversing: Q2 2016 up 12% versus Q1

Guidance for 2016 confirmed: Operational net profit expected to be between EUR 300 million and EUR 360 million.

 17.6.2016 - We received Traffic Engineering Project of the Year award

Results of a competition Czech Traffic Engineering Project and Technology were announced on Thursday 16 June 2016 in Prague.

 10.6.2016 - Results of the joint-stock company HOCHTIEF CZ for 2015

The joint-stock company HOCHTIEF CZ published its audited financial statements drawn up according to the Czech Accounting Standards as of 31 December 2015.

 9.6.2016 - Leoš Janáček Airport has a new control tower meeting all modern requirements

On Thursday 9 June 2016, operation of a new service centre and air traffic control tower (TWR Ostrava) at the Leoš Janáček Airport was officially started in an inauguration.

 7.6.2016 - Upgrade of railway line Pardubice – Ždírec nad Doubravou has improved its parameters

On Friday 3 June, a ceremony of ribbon cutting at the railway station in Chrudim opened an upgraded part of the railway line from Pardubice to Ždírec nad Doubravou to traffic.