Tag: Baugesellschaft

  • Implenia is back in the black

    Implenia is back in the black

    According to a message from Implenia , the construction and real estate company from Dietlikon generated total sales of 1.88 billion francs in the first half of 2021. Compared to the same period in the previous year, this corresponds to a decrease of 2.2 percent. The focus on projects with higher margins is mentioned in the communication as a background. Despite the stricter criteria, Implenia's order backlog rose by 7.3 percent year-on-year to CHF 6.6 billion.

    Implenia reports an operating result (EBIT) of 40.0 million francs in the reporting semester. Excluding the profit contribution generated by the spin-off Ina Invest, an EBIT of 3.7 million francs was achieved in the first half of the previous year. In 2020 as a whole, Implenia posted an operating loss of 146.8 million francs.

    In the previous year, the company initiated a comprehensive transformation process. Business areas that are not part of the core business or are unprofitable are being cut back and risk management is being improved. Implenia has already implemented a number of adjustments to its portfolio. The announcement mentions, among other things, the divestments of business areas in Germany, Austria and Norway.

    "The operational measures taken have the first positive effects on the results," André Wyss is quoted in the press release. The Implenia CEO sees his company "well positioned to become an integrated, multinational leading provider of construction and real estate services". Implenia is aiming for an EBIT of more than 100 million francs for the current year as a whole.

  • Implenia is renovating the St.Gallen city motorway

    Implenia is renovating the St.Gallen city motorway

    The Federal Roads Office has commissioned ARGE Stadtautobahn with the renovation of the St.Gallen urban motorway between the St.Gallen West and St.Gallen East connections, Implenia explains in a press release . The construction and real estate company from Dietlikon has a 30 percent stake in ARGE Stadtautobahn. In addition to construction work, Implenia will take over the commercial management of the project for the renovation of the St.Gallen city motorway.

    The repair work should start at the end of May and be completed by the end of 2024, Implenia further explains in the communication. During this period, coverings, drainage, edge closures and noise barriers will be renewed and some bridges, galleries, support structures and the Stephanshorn tunnel will be renovated. In addition, the construction of a new passerelle is planned.

    "The renovation of the St.Gallen city motorway is a complex, large-scale project," Christian Späth is quoted as saying in the communication. The Head Civil Engineering Division Implenia is looking forward to being able to “combine Implenia's accumulated expertise in bridge, tunnel and road construction with our extensive experience in managing large infrastructure projects”.

  • Implenia sees itself in a good position

    Implenia sees itself in a good position

    According to a message from Implenia , the construction and real estate company from Dietlikon generated sales totaling CHF 2.99 billion in 2020. In the previous year, sales of 4.43 billion Swiss francs were posted. The operating result at EBIT level fell year-on-year from CHF 63.5 million to CHF -146.8 million. A loss of 132.1 million francs was reported as the consolidated result; in 2019, a profit of 33.9 million francs had been realized.

    The order backlog remained at a high level at CHF 6.39 billion and is also well distributed across business areas and markets, Implenia writes in the press release. More than 80 percent of the sales targeted for the current year are already secured. In the current year, the company intends to be back in the black.

    The return to the profit zone should be achieved through restructuring in the portfolio and measures for profitable growth. Implenia writes that the company has already started to reduce business areas that are not part of its core business or that are unprofitable. For profitable growth, "an effective management of opportunities and risks was introduced".

    Implenia wants to report an EBIT of at least 100 million francs in the current year. At the corresponding rate, the target is 2.8 percent. In the medium term, an EBIT margin of 4.5 percent should be achieved.