Bilfinger SE (OTCPK:BFLBF)

$ 47.745 0 (0%) Market Cap: 1.76 Bil Enterprise Value: 1.72 Bil PE Ratio: 6.96 PB Ratio: 1.32 GF Score: 84/100

Q1 2023 Bilfinger SE Earnings Call Transcript

May 11, 2023 / 12:00PM GMT

Release Date Price: $33.44

Transcript

Bettina Schneider

Bilfinger SE - Head of IR

Good afternoon, ladies and gentlemen. A warm welcome to our conference call on Bilfinger's first quarter results 2023. My name is Bettina Schneider, and I will lead you through this call. (Operator Instructions) The conference call is being recorded.

With me here in the room are our Group CEO, Thomas Schulz; and our group CFO, Matti Jakel. After the presentation, you will have the opportunity to post your questions via phone or via chat in the webcast.

With this, I would like to hand over to Thomas.

Thomas Schulz

Bilfinger SE - Chairman of Executive Board & CEO

Thank you very much, Bettina. Hello, everybody. I welcome you all, too, for our quarter 1 statement for 2023.

Let's start. It was actually quite a good start for the year. We had an order intake received with a growth of organically 26%. The revenue increased significantly by 12% organically. Our EBITA margin like-for-like to the quarter 1 2022 slightly increased to 2.1%. Overall, we have a quite positive market development,

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