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 2024 Bilfinger SE Earnings Call Transcript

May 15, 2024 / 06:00AM GMT

Release Date Price: $47.36

Transcript

Bettina Schneider

Bilfinger SE - Senior Vice President Group Treasury & Investor Relations

Good morning, ladies and gentlemen, and welcome to Bilfinger's first quarter 2024 webcast. My name is Bettina Schneider, and I'm here together with Thomas Schulz, our group CEO; and Matti JÃ¤kel, our group CFO. Thank you for joining us so early today, so we can inform you in our Q1 numbers before we start our Annual General Meeting at 10:00 AM. (Event Instructions) And that the conference call is being recorded.

With this, I hand over to Thomas.

Thomas Schulz

Bilfinger SE - Chief Executive Officer

Good morning, everybody. Let us start directly with our highlights for the quarter one 2024 for our Bilfinger Group, we had in orders received with [EUR1,144 million] and a book-to-bill of 1.05. So the quarter regarding the order intake was as we expected and normalized. Because last year, we had book-to-bill of 1.3 in extraordinary high growth in the quarter one 2023. Our revenue was up organically 3%. And the real highlight we more or less doubled the margin to

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