The first three quarters of the year brought PORR an impressive number of new contracts – the majority of them in the infrastructure sector, supplemented by exciting projects in the resurgent building construction business. With 26.7% more overall than in the same period last year, the order intake amounted to a substantial EUR 6,048m. New orders included large-volume contracts from railway and transport infrastructure construction, such as the Jasło – Nowy Zagórz railway line in Poland and the railway line Craiova – Caransebeș in Romania, as well as the renovation of the A2 tunnel chain in the Pack section in Austria. 

In building construction, PORR is building the Mother-and-Child ward of the Warsaw hospital in Poland and the Insel Gartenfeld community school in Germany, among other projects. Residential construction is also slowly picking up speed again: PORR won several medium-sized residential construction projects in Germany. PORR's largest single residential construction contract, the Nordbahnhof Baufeld 3E residential complex, is found in Vienna. 

Production output remained stable at EUR 4,986m, thereby 0.7% below the previous year's level. Apart from the muted economic growth in the building construction sector, this is also due to major new infrastructure contracts in Poland and Romania. These are currently still in the planning stage as design & build projects and are therefore not yet reflected in the production output figures.

Expenses down, earnings up

PORR managed to reduce its expenses for materials and other purchased services by 1.3%. Absolute savings of EUR 62.0m on purchased services and a significant improvement in earnings from companies accounted for using the equity method – including joint venture projects – led to an 8.1% improvement in EBITDA to EUR 269.8m. The resulting EBIT is also notable, rising by 17.7% to EUR 108.1m.

Increase in equity

PORR's total assets increased by 4.3% to EUR 4,463.8m compared to the same period last year. Equity rose by 7.2% to EUR 896.8m compared to 30 September 2024. Despite several one-off effects, such as the share buyback and sale programme, the repayment of hybrid capital and other small company acquisitions, PORR successfully reduced its net debt by EUR 28.9m to EUR 307.0m compared to the previous year's reporting date.

Liquidity rose as well. PORR increased its free cash flow by EUR 25.5m to EUR -188.3m compared to the same period last year. Cash and cash equivalents amounted to EUR 344.2m as of 30 September 2025, while the liquidity reserve remained at a high level of EUR 790.0m.

Promotion to ATX

Stakeholders were particularly pleased with the share price performance over the past twelve months. In September 2025, PORR shares were recognised with inclusion in the ATX. Strauss: “This makes PORR one of the top 20 companies on the Vienna Stock Exchange”. This promotion rewards the positive trajectory of the share price, which rose by 118% within a year, with the trading volume quadrupling in the same period. The accelerated private placement process, in which PORR sold all 1,703,674 of its treasury shares in June 2025, also contributed to this. The proceeds will be used to expand the infrastructure business in Europe, which promises particularly high growth potential in the coming years.