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Ad hoc release September 16 , 2026 2 BiLFINGER Bilfinger adjusts outlook for 2026 and resolves program “ Agile ” Bilfinger adjusts its outlook for financial year 2026. The reason for the adjusted outlook is the expected business performance in the second half of the year , which is falling significantly short of the original assumptions , partly due to the continuing geopolitical uncertainties . The Executive Board of Bilfinger has therefore resolved program " Agile " today . This will increase the company's flexibility and enable it to respond more quickly to changing market conditions . Bilfinger now expects revenue of € 5.3 to € 5.7 billion for financial year 2026 ( previously : € 5.4 to € 5.9 billion ) and an EBITA margin of 3.2 to 3.6 percent ( previously : 5.8 to 6.2 percent ) . Taking into account the one - off costs associated with program " Agile " , this corresponds to an adjusted EBITA margin of 4.6 to 5.0 percent . The company expects free cash flow in the range from € 180 to 220 million ( previously : € 250 to 300 million ) . Bilfinger foresees one - off costs affecting earnings of approximately € 75 million for program " Agile " in financial year 2026. Once the program is fully implemented , the company expects an annual contribution of approximately € 75 million starting in financial year 2028 . The mid - term targets 2030 with average revenue growth of 8 to 10 percent p.a. , including acquisitions , an EBITA margin of 8 to 9 percent and cash conversion rate of ≥ 90 percent are confirmed unchanged . Bilfinger SE Investor Relations Martina Kalkhake Phone +49 621 459-3759 martina.kalkhake@bilfinger.com Page 1/2