Bilfinger SE 2020 AR2
The report highlights Bilfinger SE's performance during the challenging 2020 fiscal year, which was heavily impacted by the COVID-19 pandemic and oil price volatility. Despite an organic sales decline of 17 percent, the company achieved a positive adjusted EBITA of ‒20 million and successfully met its updated financial guidance. Notably, net profit increased significantly to ‒99 million, boosted by the upward revaluation of a preferred participation note from the sale of Apleona. Additionally, Bilfinger resolved major legacy issues, including an out-of-court settlement regarding the 2009 Cologne Municipal Archives collapse, and improved its safety performance with an LTIF of 0.16.
Company: Bilfinger SE
Sector: Construction
Country: Germany
Year: 2020
Type: AR2
Pages: 381
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Bilfinger SE
Annual Report
The report highlights Bilfinger SE's performance during the challenging 2020 fiscal year, which was heavily impacted by the COVID-19 pandemic and oil price volatility. Despite an organic sales decline of 17 percent, the company achieved a positive adjusted EBITA of ‒20 million and successfully met its updated financial guidance. Notably, net profit increased significantly to ‒99 million, boosted by the upward revaluation of a preferred participation note from the sale of Apleona. Additionally, Bilfinger resolved major legacy issues, including an out-of-court settlement regarding the 2009 Cologne Municipal Archives collapse, and improved its safety performance with an LTIF of 0.16.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 4, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees