HOCHTIEF Raises 2026 Profit Guidance Amid Strong Demand

HOCHTIEF Aktiengesellschaft has increased its operational net profit guidance for the financial year 2026. The company now expects a profit between EUR 1,025 million and EUR 1,100 million, marking an approximate 30% to 40% rise year over year. This revision surpasses the previously set guidance of EUR 950 million to EUR 1,025 million, which indicated a 20% to 30% increase.

The rise in guidance is attributed to positive business developments, particularly the strong demand growth observed by Turner, a key business unit in the data center market. Turner's profit before tax for 2026 is now projected to be between US$1,400 million and US$1,460 million, reflecting a 35% to 40% year-on-year growth.

HOCHTIEF's announcement underscores a heightened performance outlook, though it remains contingent on market conditions. The company's 2026 half-year financial report is set to be published later today.