Earnings release
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Press Release 9M 2021 : Nominal net profit of EUR 294 million up 19 % // 40 % increase in new orders drives strong order book of EUR 51.2 billion , now 6 % above pre - Covid level • Nominal net profit of EUR 294 million , + 19 % year on year ( yoy ) ; operational net profit EUR 322 million , + 13 % yoy o Resilient sales and margin performance with operational PBT margin of 2.9 % in 9M 2021 pre - Abertis up 10 basis points notwithstanding Covid impact o Abertis earnings contribution of EUR 43 million in 9M 2021 a EUR 47 million increase yoy ; Q3 2021 traffic consistently above pre - Covid level o EUR 4.32 nominal earnings per share ( + 22 % yoy ) for 9M 2021 • Free cash flow from operations positive , EUR +97 million yoy , EUR 736 million in last twelve months , pre - factoring • Net cash EUR 28 million would stand at EUR 328 million adjusting for the variation in factoring • New orders of EUR 22.5 billion , + 40 % yoy o Strong recovery in new orders continues with EUR 8.2 billion in Q3 , + 29 % yoy o Order backlog of EUR 51.2 billion up EUR 5.4 billion ytd or 12 % , with solid increases in all divisions ; order backlog now 6 % above December 2019 pre - pandemic level ● Guidance for 2021 ( operational net profit of EUR 410-460 million ) confirmed ; positive outlook supported by strong new orders During the first nine months of 2021 , HOCHTIEF has delivered a resilient performance , despite the different impacts of Covid in its core markets . “ With solid increases in profits , cash flow and new orders , we are positive on the outlook for HOCHTIEF , " said CEO Marcelino Fernández Verdes . The Group ended the period with a positive net cash position and had an order backlog of EUR 51.2 billion which now stands 6 % above the pre - Covid December 2019 level . HOCHTIEF CORPORATE HEADQUARTERS CORPORATE COMMUNICATIONS Contact : Martin Bommersheim Alfredstraße 236 45133 Essen , Germany Tel .: +49 201 824-2642 presse@hochtief.de Page 1 of 5 10/28/2021 HOCHTIEF Aktiengesellschaft Sitz der Gesellschaft : Essen , Registergericht : Essen HRB 279 , USt - IdNR . DE 1198 171 25 , StNr . 5112/5710/0012 , Vorsitzender des Aufsichtsrates : Pedro López Jiménez ; Vorstand : Marcelino Fernández Verdes ( Vorsitzender ) , Nikolaus Graf von Matuschka , José Ignacio Legorburo Escobar , Peter Sassenfeld , Martina Steffen