Record Net Profit Growth
Ordinary net profit totaled €684 million, up 14%, surpassing the target range of 8% to 12%. Net profit was €828 million, with earnings per share increasing by 7.8%.
Exceptional Cash Flow Generation
Net operating cash flow reached €2.1 billion, which is €1.1 billion more than in 2023, indicating strong operational performance and cash conversion across all businesses.
Significant Order Backlog
The order backlog reached a record €88.2 billion, a strategic expansion of 19.9%, providing visibility for more than two years of sales.
Strong Sales Growth
Sales increased by 16.5% to a total of €41.6 billion, driven by strategic markets such as digital infrastructure, biopharma, and health.
Turner Segment Performance
Turner reported a 45.8% year-on-year growth in net profit and achieved a new record backlog of €31.9 billion.
Strategic Acquisitions
Acquisitions such as Dornan, which will strengthen Turner's expansion strategy in Europe, and other strategic investments in energy and critical metals were made.