Business · Companies · 14 hrs ago
Hochtief profit rises 40% as AI infrastructure demand boosts orders
German construction company Hochtief reported a 40% rise in operating profit for the first nine months of 2026, to €752 million.
Its revenue rose 14% to more than €32 billion over the same period.
The company’s order backlog reached a record €90 billion by the end of September, 29% higher than a year earlier.
Demand for infrastructure linked to artificial intelligence, energy, defence and critical minerals supported the growth.
Data centres are a major source of new business: Hochtief received nearly €27 billion in data-centre orders over the past 12 months.
Its recent projects also include work in the UK, Australia and Berlin.
Hochtief says its record backlog gives it strong prospects, though no further plans or forecasts were provided.
Hochtief’s operating profit rose 40% year on year to €752 million in the first nine months.
Revenue increased 14% to more than €32 billion over the same period.
Its order backlog reached a record €90 billion by the end of September, up 29% from a year earlier.
The company said demand in artificial intelligence, energy, defence and critical minerals supported growth.
Hochtief said recent contracts included data centres in Asia, the United States and Europe.
- Who
- Hochtief, a construction and infrastructure group.
- What
- Operating profit rose 40% to €752 million in the first nine months, while its order backlog reached a record €90 billion.
- When
- In the first nine months of 2026; the order backlog figure was reported for the end of September.
- Where
- Hochtief is based in Essen, Germany, and operates internationally.
- Why
- The company said growth was supported by rising demand in artificial intelligence, energy, defence and critical minerals.
This story does not have two clearly opposing sides.
Hochtief received data-centre orders worth nearly €27 billion.
Operating profit rose 40% to €752 million and revenue increased 14% to more than €32 billion.
Hochtief’s order backlog stood at a record €90 billion, 29% higher than a year earlier.
- Operating profit
- €752 million, up 40% year on year
- Revenue
- More than €32 billion, up 14%
- Order backlog
- €90 billion at the end of September, a record
- Backlog growth
- 29% year on year
- Data-centre orders
- Nearly €27 billion over the past 12 months
- Headquarters
- Essen, Germany
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What people are saying
Our record order backlog gives us excellent prospects for the future
Our record order backlog gives us excellent prospects for the future