Hochtief raises 2026 profit outlook while Hochtief stock trades 1.91 percent higher

Published on 10/02/2026 at 12:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit rose 35.00 percent to EUR 480.00 million. Hochtief stock costs EUR 404.50 on October 2, 2026 after EUR 396.90, plus 1.91 percent.

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Hochtief (ISIN DE0006070006) raised its 2026 operational net profit outlook to EUR 1.025 billion-EUR 1.100 billion from EUR 950.0 million-EUR 1.025 billion, while Hochtief stock traded at EUR 404.50 at Lang & Schwarz on October 2, 2026, up 1.91 percent from the prior close of EUR 396.90. Boerse Express reported the higher guidance on September 22, 2026.

Guidance moves higher

The revised range lifts the lower end by EUR 75.0 million and the upper end by EUR 75.0 million versus the previous plan. The new range implies operational net profit growth of 30.00 percent-40.00 percent for fiscal year 2026, according to the September 22 report from Boerse Express.

The upgrade rests on first-half execution. Operational net profit rose 35.00 percent to EUR 480.0 million in the first half of 2026, while revenue reached EUR 20.1 billion, the same report said. That combination gives the guidance a measurable operating base rather than leaving the target dependent only on second-half assumptions.

Backlog supports visibility

Hochtief entered the second half of 2026 with an EUR 84.8 billion order backlog. First-half order intake reached EUR 31.5 billion, a currency-adjusted increase of 25.00 percent from the prior-year period, according to Boerse Express.

A separate operating driver is infrastructure demand in Australia. CPB Contractors, part of Hochtief subsidiary CIMIC, won the Kwinana Freeway Upgrade project on September 9, 2026, creating reported revenue potential of AUD 250.0 million. The same source also reported that Hochtief agreed to acquire German power-grid builder Autmatec, with completion subject to regulatory approval.

November report sets the test

The next scheduled checkpoint is Hochtief's interim report for the first nine months of 2026 on November 5, 2026, followed by an analyst conference, as Boerse Express reported. For investors, the key question is whether the EUR 480.0 million first-half operating profit can compound into the new full-year range while the EUR 84.8 billion backlog is converted into revenue and cash flow.

Stock trades above prior close

Hochtief stock was trading at EUR 404.50 at Lang & Schwarz on October 2, 2026 at 12:05 p.m. CEST, up 1.91 percent versus the Lang & Schwarz prior close of EUR 396.90 on October 1, 2026. The stock is listed on Xetra under ticker HOT and belongs to the DAX.

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