Q1 2025 Bilfinger SE Earnings Call Transcript

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May 14, 2025

May 14, 2025 / 09:00AM GMT
Martina Burger - Bilfinger SE - Senior VP, Investor Relations

Good morning, ladies and, gentlemen. And welcome to Bilfinger's first quarter 2025 results conference call. My name is Martina Burger, and I'm joined today by Thomas Schulz, our group CEO; and Michael Kuhn, our group CFO.

As usual, we will start with a presentation on the quarterly highlights and financials and then open up the call for your questions. (Event Instructions)

The event will be recorded, and I will now hand over to Thomas.

Thomas Schulz - Bilfinger SE - Chairman of the Executive Board, Chief Executive Officer

Thank you, Martina. Hello, everybody. Let us start with the highlights. We had, as expected, a good start into the year with orders received 11% up, revenue 17% up, EBITDA 50 basis points up from 4% to 4.5%. Free cash flow, very good development, up to EUR109 million.

And of course, we keep the guidance as it is with the midpoint in the revenue of EUR4.5 billion and in the EBITDA margin of 5.5%. Before we go into the figures and the outlook, et cetera, as

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