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Bilfinger cuts 2026 outlook and launches “Agile” program

Bilfinger SE reduced 2026 guidance to €5.3–5.7B revenue, 3.2–3.6% EBITA margin, and €180–220M free cash flow, citing ~€75M one-off costs in 2026 for its “Agile” program. The company expects ~€75M annual benefit from 2028.

GBF

9B range. 2%, and reduced free cash flow guidance to €180—220M from €250—300M. The company said the “Agile” program will carry one-off costs of about €75M in 2026. Bilfinger expects the program to generate about €75M in annual benefit from 2028.