´ºË®ÌÃÊÓƵ as an investment
Our six reasons
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Diversified, global infrastructure exposure and market-leading subsidiaries
- ´ºË®ÌÃÊÓƵ is an engineering-led global infrastructure solutions provider with a history of 150 years and leading positions in North America, Australia and Europe across its core activities of construction, services and concessions/public-private partnerships (PPP).
- This unique combination results in a balanced business profile in terms of cash flow visibility, capital intensity and margins
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Attractive shareholder remuneration
- Policy of paying out 65% of nominal net profit as dividend
- Since 2012 ´ºË®ÌÃÊÓƵ has distributed EUR 2.7 billion in dividends to its shareholders, equivalent to EUR 37.40 per share.
- Track record of additional remuneration via share buyback programs
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A beneficiary of global megatrends with an ambitious innovation strategy
- Global megatrends related to climate change, digitalization, demographics, urbanization and industrial relocation are driving strong investment growth in markets where ´ºË®ÌÃÊÓƵ is well positioned as a key player and can deliver attractive solutions for our private and public clients. Examples include:
- the build-out of renewable energy and energy infrastructure needed for the energy transition in all our key markets including large-scale electric vehicle battery manufacturing capacity
- the roll-out of high-tech infrastructure including 5G and its applicability in state-of-the-art facilities and for data centers
- the transformation of traditional transportation infrastructure to new mobility concepts
- the industrial relocation of manufacturing capacity in North America and Europe
- and biopharma and healthcare investments to meet the demands of aging populations
- Public budget constraints can limit actual investment in much needed transport and social infrastructure where ´ºË®ÌÃÊÓƵ can offer an integrated solution through public-private partnership
- Rapid advances in digitalization create application opportunities which we work on exploiting in cooperation with leading universities and IT companies.
- Global megatrends related to climate change, digitalization, demographics, urbanization and industrial relocation are driving strong investment growth in markets where ´ºË®ÌÃÊÓƵ is well positioned as a key player and can deliver attractive solutions for our private and public clients. Examples include:
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Strong balance sheet and solid credit rating
- Robust net cash position supports the operating businesses, capital allocation and investment opportunities
- Solid investment-grade rating by S&P underscores financial solidity and allows for bond financing on attractive terms
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Strong track record of sustainable cash-backed operational profit growth
- 9-year operational earnings per share CAGR of 11% with solid long-term outlook
- Key performance indicators used by ´ºË®ÌÃÊÓƵ group management teams strongly aligned with shareholders’ interests
- History of disciplined focus on capital allocation, including M&A, to drive long-term value creation
- Risk management systems embedded across the group; flexible and streamlined operational set-up
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Values-led corporate culture and consistently positive ESG recognition
- Five guiding principles that apply to all employees: integrity, accountability, innovation, delivery and sustainability – all underpinned by the precondition of safety
- Dedicated sustainability strategy balancing economic objectives with ecological and social responsibilities; commitment to support the Paris Climate Agreement and be climate-neutral by 2045
- Consistently positive results in leading ESG surveys/indices, including from Dow Jones Sustainability Index, MSCI (AAA Rating) and Carbon Disclosure Project (CDP; B Rating), Sustainalytics (ESG Risk-Rating of 23.5), FTSE4Good ESG Rating (Score 3.2) and EcoVadis (platinum medal)
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´ºË®ÌÃÊÓƵ shares overviewOur strategy objective: Generating sustainable value for all stakeholders
Since 1873: The history of ´ºË®ÌÃÊÓƵ