Sustainability Report 2017

Company profile

Bilfinger SE is a leading international industrial services provider. With our roughly 36,000 employees, we deliver customized engineering and services to our clients in the . The portfolio covers the entire value chain from consulting, engineering, manufacturing, construction, maintenance, plant expansion as well as and also includes environmental technologies and digital applications.

Bilfinger is a stock corporation listed on the MDAX and is headquartered in Mannheim, Germany. On December 31, 2017, 78.5 percent of the company’s equity was held by institutional investors, 2.5 percent of the shares were held as treasury stock, and 19 percent of the shares were held by unidentified shareholders including retail shareholders.

At the end of 2017, Bilfinger achieved an output volume of €4.024 billion. Its market capitalization amounted to €1.7 billion as of December 31, 2017.

We realigned our corporate strategy in February 2017. Since that time, we have focused on two business segments, four regions and six industries (“2-4-6 concept”).

  • In the Engineering & Technologies business segment, the focus is on the planning, development and construction of industrial plants as well as digital solutions. In the Maintenance, Modifications & Operations business segment, we provide services in the areas of maintenance, efficiency enhancements as well as the expansion and operation of plants.
  • We offer our services primarily in four core regions: in Continental Europe, Northwest Europe, North America, and the Middle East.
  • We focus on six industries. These are: chemicals & petrochemicals, energy & utilities, oil & gas, pharmaceuticals & biopharmaceuticals, metallurgy and cement.

You can find additional information on the company, its strategy and key financial figures, on our website as well as in the Annual Report.

Output volume by business segment

€ million

 

 

 

 

 

 

 

 

2017

 

2016

 

Change in %

Engineering & Technologies

 

1,106

 

1,238

 

–11

Maintenance, Modifications & Operations

 

2,515

 

2,461

 

2

Other Operations

 

422

 

623

 

–32

Headquarters, other

 

–19

 

–103

 

81

Total

 

4,024

 

4,219

 

–5

Table
Output volume by region

€ million

 

 

 

 

 

 

 

 

2017

 

2016

 

Change in %

Germany

 

970

 

1,004

 

–3

Rest of Europe

 

2,147

 

2,221

 

–3

America

 

627

 

641

 

–2

Africa

 

129

 

135

 

–4

Asia

 

151

 

218

 

–31

Total

 

4,024

 

4,219

 

–5

Chart
Output volume by region
Output volume by region (pie chart (switch))
Development of value added
(continuing and discontinued operations)

€ million

 

 

 

 

 

 

2017

 

2016

Revenue

 

4,122

 

6,016

Income from investments accounted for using the equity method

 

14

 

7

Other operating income

 

37

 

609

Depreciation and amortization

 

–80

 

–132

Cost of materials

 

–1,351

 

–2,330

Other costs related to value added

 

–704

 

–994

Value added

 

2,038

 

3,176

Distribution of value added
(continuing and discontinued operations)

€ million

 

 

 

 

 

 

 

 

 

 

2017

 

in %

 

2016

 

in %

To employees

 

2,106

 

103

 

2,838

 

89

To the state

 

–1

 

0

 

40

 

1

To credit institutions

 

19

 

1

 

26

 

1

To minority interest

 

3

 

0

 

2

 

0

To shareholders (dividends for the respective financial year)

 

44

 

2

 

44

 

2

Change in equity

 

–133

 

–6

 

226

 

7

Process industry
Industrial sector in which substances and materials in the chemical, physical, biological or other technical processes and procedures are manufactured
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Turnaround
Comprehensive maintenance work on an industrial plant during which the plant is shut down
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