Hochtief secured Sellafield deal as Hochtief stock trails EUR 487 target

Published on 10/09/2026 at 12:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hochtief targets EUR 1.025-1.100 billion in fiscal 2026. Hochtief stock costs EUR 392.00 on October 9, 2026, plus 0.82 percent after EUR 388.80.

Key points in brief

Hochtief secured a Sellafield framework contract worth up to GBP 1.50 billion on September 30, 2026.
The contract can run for 15 years and covers nuclear-site operations, maintenance and development.
First-half 2026 revenue reached EUR 20.1 billion, while operating net profit rose 35.00 percent to EUR 480.0 million.
Lang & Schwarz priced Hochtief stock at EUR 392.00 on October 9, 2026, up 0.82 percent versus the EUR 388.80 prior close.

Isometrisches 3D-Diagramm HOCHTIEF AG Bauprozess von Rohstoffgewinnung bis Fertigstellung — HOCHTIEF AG Wertschöpfungskette DE0006070006 als isometrisches 3D-Diagramm vom Rohstoffabbau bis zum fertigen Gebäude, Illustration mit AI erstellt.

Hochtief (ISIN DE0006070006) was trading at EUR 392.00 at Lang & Schwarz on October 9, 2026 at 12:16 p.m. CEST, up 0.82 percent versus the EUR 388.80 prior close. On September 30, 2026, Hochtief received a Sellafield framework contract worth up to GBP 1.50 billion, according to Finanznachrichten. The stock still stands below the EUR 487.00 12-month consensus target reported by Börse Express on September 18, 2026.

Three contracts shaped the story

On July 27, 2026, Hochtief raised its fiscal 2026 operating net profit target to EUR 1.025 billion to EUR 1.100 billion, from EUR 950.0 million to EUR 1.025 billion, according to Börse Express. On September 9, 2026, subsidiary CPB Contractors received an Australian motorway project with revenue potential of AUD 250.0 million, the same report said.

The September 30 Sellafield award was the latest of the three events. Its initial term is nine years, with a six-year extension option, giving the agreement a maximum duration of 15 years and adding long-duration nuclear infrastructure work to Hochtief's project pipeline.

What does the backlog mean for earnings?

Hochtief entered the second half of 2026 with EUR 31.5 billion of first-half order intake, a currency-adjusted increase of 25.00 percent, and an order backlog of EUR 84.8 billion, according to Börse Express. First-half 2026 revenue was EUR 20.1 billion, while operating net profit increased 35.00 percent to EUR 480.0 million.

The figures explain the higher annual target, but the backlog must still convert into revenue and profit through project execution. That makes margin discipline and delivery timing more important than the contract value alone.

Next results arrive in November

Hochtief is scheduled to publish its nine-month 2026 results on November 5, 2026, with an analyst conference, according to Börse Express. The report will show whether the first-half growth rate and the raised profit range remain supported by execution.

At Lang & Schwarz, Hochtief was trading at EUR 392.00 on October 9, 2026 at 12:16 p.m. CEST, up 0.82 percent versus the EUR 388.80 prior close. The further course of trading is shown by the continuously updated real-time quote of Hochtief stock.