Bilfinger cuts 2026 outlook: Bilfinger stock sits 57.00 percent below its high

Published on 10/13/2026 at 09:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EBITA guidance fell to 3.2-3.6 percent from 5.8-6.2 percent. Bilfinger stock costs EUR 55.60 on October 13, 2026, 57.00 percent below its high.

Bilfinger cut 2026 revenue, EBITA margin and free cash flow guidance on September 16, 2026.
The new revenue range is EUR 5.3 billion to EUR 5.7 billion, versus EUR 5.4 billion to EUR 5.9 billion previously.
Bilfinger stock was EUR 55.60 at Lang & Schwarz on October 13, 2026, minus 0.18 percent versus the Xetra close of EUR 55.70 on October 12, 2026.
The stock was 57.00 percent below its 52-week high of EUR 129.30 as of October 13, 2026.

Bilfinger-Techniker in Schutzausrüstung bei der Rohrleitungswartung in einer Raffinerie — Bilfinger SE (DE0005201602) Techniker warten Rohrleitungen in einer petrochemischen Industrieanlage bei Sonnenuntergang, Illustration mit AI erstellt.

Bilfinger (ISIN DE0005909006) cut its 2026 outlook on September 16, 2026, reducing revenue guidance to EUR 5.3 billion to EUR 5.7 billion from EUR 5.4 billion to EUR 5.9 billion and EBITA margin guidance to 3.2 percent to 3.6 percent from 5.8 percent to 6.2 percent. Bilfinger stock was EUR 55.60 at Lang & Schwarz on October 13, 2026, 57.00 percent below its 52-week high of EUR 129.30.

Guidance reset puts margins first

According to FT on September 16, 2026, Bilfinger also reduced its free cash flow outlook to EUR 180 million to EUR 220 million from EUR 250 million to EUR 300 million. The company said the Agile program would support flexibility, while its 2030 targets remained average revenue growth of 8 percent to 10 percent and an EBITA margin of 8 percent to 9 percent.

The comparison shows the scale of the reset: the lower end of the EBITA margin range fell by 2.60 percentage points, while the lower end of the revenue range fell by EUR 100 million. Bilfinger linked the change to weaker expected second-half performance and geopolitical uncertainty.

What does Agile change for margins?

The second-quarter figures provide a mixed operating picture. Yahoo Finance reported on August 12, 2026, that second-quarter revenue rose 7 percent to EUR 1.45 billion, while earnings per share increased 15 percent to EUR 1.47. The group also reported second-quarter order intake of EUR 1.50 billion.

Bilfinger's second-quarter order intake was described as its third-highest quarterly level in more than 10 years, but the margin outcome was weaker than planned. That tension explains why the market is likely to weigh execution of Agile against the company's order pipeline and the conversion of delayed customer work.

Stock remains near its yearly low

Bilfinger stock was EUR 55.60 at Lang & Schwarz at 9:05 a.m. CEST on October 13, 2026. The price was EUR 0.10 below the Xetra close of EUR 55.70 on October 12, 2026, equal to minus 0.18 percent. Market capitalization was EUR 2.1 billion as of October 13, 2026, and the 52-week range was EUR 53.90 to EUR 129.30.

The further course of trading is shown by the continuously updated real-time quote of Bilfinger stock.