Hochtief Profits Surge 40% on AI and Energy Infrastructure Demand

Key Facts

Hochtief reported a 40% increase in operating profit to EUR 752 million for the first nine months of 2026. Dow Jones Newswires noted that the company exceeded market expectations as revenue rose 14% to EUR 32.1 billion, driven by robust demand in AI, digitalization, and energy transition sectors. Simultaneously, AT&S announced Q2 revenue surpassed EUR 680 million, which Benzinga attributed to strong performance in its substrate business.

The order backlog at Hochtief reached a record high of nearly EUR 90 billion by the end of September 2026, an increase of approximately EUR 20 billion year-over-year. The company confirmed its full-year 2026 guidance for operational net profit in the range of EUR 1.025 billion to EUR 1.1 billion. In equity markets, HOCFF closed at $401.44 on November 4, 2026, having reached a session high of $423.18.