Hochtief's share price has already gained almost 30 percent in 2025. Whether network centers in the USA or infrastructure in Europe, investors have been buying into the company with great enthusiasm. But in addition to the fantasy, the company is also fundamentally convincing.

In the 2024 financial year, turnover climbed by 20% to around EUR 33.3 billion. Consolidated operating profit rose by over 17% to EUR 625 million, exceeding the upper end of the forecast range of EUR 560 to 610 million. A further increase of 9% to 17% to EUR 680 to 730 million is planned for 2025.

Nobody currently doubts that these targets will be achieved. When US President Trump announced investments of USD 500 billion for AI infrastructure projects in January 2025, the share price rose significantly. This is because Hochtief has a strong presence in the USA. A data center is already being built in Ohio via the subsidiary Turner. The planned special fund for federal infrastructure projects was also a driver for the share price. However, there are two things to bear in mind here: Firstly, this special fund has not yet been approved by the Federal Council and secondly, Hochtief generates 95 percent of its sales outside Europe. For Germany, we estimate a sales share of only 1 to 2 percent.

But things are going well at Hochtief. The figures are impressive proof of this. It is possible that the planned investments by the German government will ensure that the company can benefit noticeably not only from US investments, but also from those in Germany. That would be the best-case scenario. Investors remain on board.

$HOT (-0,12%)

$STR (-0,67%)

$POS (+1,23%)

$GBF (+0,76%)

$CEMEXCPO (+0,82%)

$HEI (-2,18%)

$POS (+1,23%) got it today, but has been doing well for the last few weeks 😅

Before the freed-up capital gathers dust, we went straight back into the market today.

In addition to a first tranche $STZ (+0,01%) Constellation Brands ...

... there was also a little bit of $GLEN (-1,5%)

There's always something under €4👆

Let's see what happens 😉

Who is also invested in $STZ (+0,01%) invested?

$POS (+1,23%) I had a lucky hand with the entry in mid-October, but a bit of luck is always part of it. But for now, the trailing SL is set at +33% 😅

Edit 17.02.: 2 weeks later, the Trailling SL has not yet been triggered, it is doing what it is supposed to do - as long as the price is moving upwards, I am running with it 😅 Porr is currently at +50%

Edit 19.02.: at 22.20 with +48.79% Porr was then kicked out 😉

@Smudeo

$STR (-0,67%)
$POS (+1,23%)

were awarded the contract to build the Liegbrücke bridge near Tyrol on the Brenner highway.

After demolition and construction, the contract is worth over 217 million euros.

Unfortunately, Strabag lost against Rasperia in a Russian court. The conglomerate is expected to receive 2.1 billion euros.

The disputes are taking longer than expected.

Despite the death of company boss Klemens Haselsteiner at the age of 44 (17.1), the remaining board members are sticking to the Strategy 2030.

$POS (+1,23%) At the beginning of October here on GQ @Smudeo about the interesting chart picture - the Austrian Porr AG has indeed performed well in recent weeks.

As it also fitted well into my portfolio as a supplement to $STR (-0,67%) in my portfolio, I treated myself to a few shares. If things finally take a turn for the better in Ukraine in 2025, then both will benefit from the reconstruction of the infrastructure.

Who also has construction companies in their portfolio?

For those interested, there are figures here 😅

https://porr-group.com/fileadmin/s_porr-group/IR/Konzernberichte/2024/PORR_Q3_2024_de_FINAL_sec.pdf

has long been massively undervalued in my opinion. Porr's share price was punished by Corona and also by the fines for collusion. Opportunity to double.