Annual Report 2025 - Trailer

Описание: Implenia achieved an EBIT of CHF 140.5 million, with the EBIT margin rising to 4.0%. The order book reached CHF 8.5 billion for the first time, representing an increase of almost 25%. The pre‑calculated project margin improved from 7.3% to 7.8% within one year. Revenue was slightly lower than in the previous year; based on the strong order book, growth is expected again from 2027 onwards.

Free cash flow increased significantly by CHF 179 million to CHF 125.3 million. The equity ratio rose to 23.5%. Details on sustainability performance can be found in the sustainability report, which is integrated into the Annual Report for the first time.

“Implenia achieved an outstanding set of results in the 2025 financial year and continued the strong momentum in order intake from the first half of the year,” says CEO Jens Vollmar. “We will grow by leveraging our strong market position, developing new segments and further improving our profitability.”

Market forecasts for Switzerland, Germany and Europe remain positive. Infrastructure and defence programmes are driving construction expenditure significantly across European markets. Implenia is specialised and experienced in these areas. To seize these opportunities, the company is implementing a targeted growth and differentiation strategy.

For the full year 2026, Implenia expects EBIT of around CHF 150 million, before extraordinary growth investments of CHF 10–20 million for strategy implementation. A further increase in EBIT is anticipated from 2027 onwards. Mid‑term financial targets remain unchanged: an equity ratio of 25% and an EBIT margin of more than 4.5%. The growth investments support further specialisation, optimisation and expansion of the business.

For more information on our 2025 annual results: https://bit.ly/4u6aPmk