Hochtief agrees Autmatec deal. Hochtief stock falls 1.05 percent
Published on 10/19/2026 at 10:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAutmatec deal and results
- Hochtief agreed to acquire Autmatec on September 1, 2026.
- First-half 2026 revenue reached EUR 20.1 billion and operational net profit EUR 480.0 million.
- Hochtief stock trades at EUR 368.70 at 10:05 a.m. CEST on October 19, 2026, 1.05 percent below the Xetra close of October 16, 2026.
- Hochtief is scheduled to report nine-month results on November 5, 2026.
Hochtief (ISIN DE0006070006) stock was trading at EUR 368.70 at Lang & Schwarz on October 19, 2026 at 10:05 a.m. CEST, 1.05 percent below the Xetra close of EUR 372.60. The company had agreed to acquire Autmatec Leitungs-Und Netzbau GmbH on September 1, 2026, according to Simply Wall St.
Growth is broadening
Hochtief's first-half 2026 performance supplied the financial backdrop for the acquisition. In its results call, Yahoo Finance reported that sales rose 13 percent on a foreign-exchange-adjusted basis to EUR 20.1 billion in the first half of 2026, while operational net profit increased 35 percent to EUR 480.0 million.
The same first-half figures show why infrastructure demand remains central to the investment case. New orders reached EUR 31.5 billion, up 25 percent on a foreign-exchange-adjusted basis, and the order backlog rose 23 percent year over year to EUR 84.8 billion.
What does the deal add?
The Autmatec transaction expands Hochtief's network and remains subject to German merger-control clearance, according to Simply Wall St. The financial test will come from execution rather than the deal headline, because the group operates with a construction business model that converts a large backlog into revenue over several reporting periods.
Three recent milestones
On July 1, 2026, Hochtief's CIMIC subsidiary acquired the remaining 40 percent of Thiess, restoring full ownership, as described in the first-half results call. On July 27, 2026, Hochtief reported first-half sales of EUR 20.1 billion and raised its 2026 operational net profit guidance to EUR 1.025 billion to EUR 1.100 billion. On September 1, 2026, it agreed to acquire Autmatec, the latest dated transaction in the period.
Next reporting date
Hochtief is scheduled to report its nine-month 2026 results on November 5, 2026, according to Simply Wall St. That release should provide the next quantified check on orders, margins and the raised annual outlook.
Stock stays below its close
For investors, the key near-term comparison is the gap between the current euro quote and the prior Xetra session. Hochtief was trading at EUR 368.70 at Lang & Schwarz on October 19, 2026 at 10:05 a.m. CEST, down 1.05 percent versus the Xetra close of October 16, 2026 at EUR 372.60.
The further course of trading is shown by the continuously updated real-time quote of Hochtief stock.
Hochtief stock facts
- Company: Hochtief AG
- ISIN: DE0006070006
- Ticker: HOT
- Primary exchange: Xetra
- Price Lang & Schwarz (as of October 19, 2026, 10:05 a.m. CEST): EUR 368.70
- Change versus Xetra close: minus 1.05 percent
- Xetra close (October 16, 2026): EUR 372.60
- Market capitalization: EUR 27.8 billion (as of October 19, 2026)
- 52-week range: EUR 242.40-EUR 554.00 (as of October 19, 2026)
- Sector / Industry: Industrials / Engineering and Construction
- Index membership: DAX
- Next earnings date: November 5, 2026
Market context: Market report DAX.
