Skip to content
  1. PORR
  2. Investor Relations
  3. Contact & FAQ
  4. FAQ

FAQ

Business model

The PORR Group is a European construction company with about 21,228 employees and a production output von about EUR 6.7 bn (2024) one of the largest Austrian construction companies and one of Europe‘s leading infrastructure specialists. On the seven stable home markets of Austria, Germany, Switzerland, Poland, Czech Republic, Slovakia and Romania — PORR generates around 99% of its production output. As the oldest listed company in Austria it has been traded on the Vienna Stock Exchange for more than 150 years. Today it is listed on the prime market segment.

PORR is and will remain a construction company. It is one of the leading players in Europe. For more than 150 years, PORR has been successfully realising complex construction projects in building construction and civil engineering. It is one of the few specialists in the infrastructure sector and covers the entire construction value chain there as well.

As a proven infrastructure expert, PORR realises complex and extensive construction projects as a general contractor and design-build provider – as a one-stop shop. From design, planning and construction to operation, demolition or revitalisation, PORR covers the entire construction value chain. In-house resources for raw material mining, logistics and recycling enable PORR to implement construction projects in a way that is especially economical and sustainable.

PORR only offers its full range of services on its permanent markets. It is one of Europe’s leading construction companies and has its headquarters in Vienna. In its home markets of Austria, Germany, Eastern Switzerland, Poland, the Czech Republic, Slovakia and Romania, it is represented with its full and extensive range of services on a permanent basis. A strong market position, regional focus and outstanding market knowledge are crucial to the long-term success of PORR. In addition, it offers its expertise in export products in tunnelling, railway construction and specialist foundation engineering in selected international project markets such as Norway, the United Kingdom and Qatar, very selectively on a project basis and in cooperation with local partners.

PORR’s Group strategy is based on its vision PORR – Home of Construction. To Build a Better World. At PORR, construction is right at home. That’s why PORR is the home of knowhow and home to the best people. With its comprehensive service portfolio, it covers the entire construction value chain and puts its core competency into focus – building for a better world.

The future of construction in Europe is characterised by four megatrends: Deglobalisation, decarbonisation, digitalisation and demographic change – in short: The four Ds. These are the key framework conditions in which PORR operates. With selective, sustainable growth on its seven home markets and a focus on circular construction, partnership-based project management and lean processes, the overarching Group strategy remains unchanged: Intelligent Growth with Green and Lean.

Our vision: PORR – Home of Construction. To build a Better World.

Our mission: We believe in a better world, a home facilitated by sustainable buildings. Those who build change the world. For more than 150 years, standing at the forefront of the construction industry with new technologies has been in our DNA.

Our goal is to shape the environment sustainably, while driving innovation and growth. And with it a world worth living in for everyone – today and tomorrow.

This allows us to offer holistic construction solutions from a single source – from design to construction to operations, in building construction, civil engineering and infrastructure.

Innovation, expertise and reliability – Powered by PORR

Organisation chart

An average of around 21,228 staff members were employed across the Group in 2024.

In the construction industry, the four Ds – deglobalisation, digitalisation, decarbonisation and demographic change – are the key framework conditions driving both demand and construction processes. This is why PORR’s long-term Group strategy is also aligned with them.

  • Deglobalisation
    Regionalisation reduces international dependency.
    Local supply networks increase resilience.
  • Decarbonisation
    The EU has pledged to achieve climate neutrality.
    The rise in temperature should remain below 1.5 degrees Celsius.
  • Digitalisation
    Technology and research are driving artificial intelligence.
    Digitalisation in construction has arrived. 
  • Demographic change
    Around 80% of Europeans will soon live in cities.
    The average age in Europe is rising by 4.5 years.

Financials

The consolidated financial statements are prepared pursuant to Art. 245a of the Austrian Commercial Code in accordance with the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and endorsed by the European Union and in accordance with the interpretations issued by the International Financial Reporting Interpretations Committee (IFRIC).

The interim consolidated financial statements on the first half-year of the PORR Group are published in accordance with IAS 34 Interim Financial Reporting, using the standards of the International Accounting Standards Board (IASB), the International Financial Reporting Standards (IFRSs) adopted by the European Union, as well as the interpretations of the International Financial Reporting Interpretations Committee (IFRIC) in addition to standards applicable for the first time as of 1 January.

The interim consolidated financial statements on the first and third quarter of the PORR Group are prepared under application of the accounting and measurement methods used in the consolidated statements as of 31 December of the previous year and the standards applicable for the first time since 1 January.

The reporting currency is the euro, which is also the functional currency of PORR AG and of the majority of the subsidiaries included in the consolidated financial statements.

The indicator production output includes traditional design, planning and construction services as well as services from landfill operations and raw material sales and therefore all of PORR’s key services. For fully consolidated companies, this output corresponds approximately to the revenue defined and reported in accordance with IFRS. In contrast to revenue, production output also includes the output from joint ventures and companies accounted for using the equity method and subordinate companies in line with the interest held by the Group. Differences in definitions are reconciled pursuant to commercial criteria.

The Executive Board and Supervisory Board of PORR will propose a dividend of EUR 0.90 for the 2024 reporting year to the Annual General Meeting. The dividend yield is thereby 5.1% and the payout ratio is 38.8%.

PORR is consistently adhering to its dividend policy, which provides for a payout ratio of 30% to 50%. The payout ratio is defined as the ratio between dividends per share and earnings per share.

The share

The PORR share has been listed on the Vienna Stock Exchange since 8 April 1869, making it the oldest publicly traded stock in Austria. The share is listed in the prime market, the top segment of the Vienna Stock Exchange, and is admitted to official trading.

There are 39,278,250 ordinary shares in issue with the ISIN AT0000609607.

The shareholder structure can be found here.

PORR is currently covered by six brokers: ERSTE Group, Joh. Berenberg, Gossler & Co. KG, Kepler Cheuvreux, Montega, ODDO BHF Austria, SRC Research and Warburg Research.

IR Service

You are welcome to sign up for our IR mailing list, from which we regularly send out news on PORR by email. Register here.

Please understand that for reasons of sustainability and environmental protection we now only print a limited number of Annual and Sustainability Reports. You are welcome to order one by email at ir@porr-group.com. We no longer print copies of the interim reports.

The best way to get in touch is by email at ir@porr-group.com. Otherwise you can reach us by tele-phone +43 (0) 50 626-1765 during normal business hours (MON–THURS 8am–5pm, FRI 8am–12am).

Compliance

Ethical, fair and transparent behaviour means stability and represents the essence of responsible corporate governance. Adherence to compliance rules is particularly important in the highly fragmented construction environment. Legally compliant and transparent behaviour is a top priority at PORR. This is the only way to build trust with stakeholders and engage in responsible business practices. The overriding guiding principle of the compliance organisation is prevention. Here PORR works with a series of training measures that not only cover all staff members in quantitative terms, but also specifically address particularly vulnerable functions within the company. These include the Recruiting department within the Group Human Resources department, the Group Procurement department and selected branch managers and managing directors.

The five PORR Principles form the basis for ethical corporate governance at PORR. They are: Reliability, Shoulder to Shoulder, Appreciation, Passion and Pioneering Spirit. They are the cornerstone of the corporate culture. The PORR Principles are embedded through the PORR Principles Compass.

PORR’s values and guidelines for ethical and fair behaviour are set out in the Codes of Conduct for staff and business partners. These contain binding economic, ethical-social and environmental minimum standards. All stakeholders working with PORR or seeking to work with PORR are required to conduct themselves in accordance with the Code of Conduct for business partners. The requirements set out therein and locally applicable laws must be complied with.

PORR has a comprehensive compliance management system that covers all important aspects. This includes the topics of anti-corruption, antitrust and competition law, wage and social dumping and issuer compliance, as well as the careful handling of personal data, particularly in connection with the electronic whistleblower system. This minimises risks, ensures the quality of products and services and safeguards PORR’s reputation. The result is reflected in increased trust on the part of customers, business partners and authorities.

PORR prefers to fulfil its duty of care systematically: PORR AG, PORR Bau GmbH and all subsidiaries and national companies are certified to ISO 37001 (anti-corruption management) and ISO 37301 (compliance management system). ISO 9001 certification has been awarded to the PORR quality management system. The ISO 45001-certified management system ensures that human rights aspects are integrated into organisational processes. Annual updates are used to verify that all of the above guidelines are being implemented.

There is no place for corruption at PORR. This is binding for every stakeholder without exception. Unfair business practices can cause lasting damage to the reputation of PORR and bring it into disrepute. In addition to the guidelines and principles, PORR has implemented further measures in recent years to prevent dishonest business practices and unfair competition.

Since 2017, PORR has had a system in place for reporting violations regulated by the Market Abuse Regulation (issuer compliance) as well as violations in connection with money laundering or terrorist financing. On the one hand, reports can be made via the email address compliance@porr-group.com. Secondly, the whistleblowing platform allows anyone to communicate anonymously via the PORR website. It covers all national legal requirements and fulfils all the requirements of the Whistleblowing Directive. The platform can only be analysed by the Chief Compliance Officer and the compliance officers of the respective countries. Analogously to the whistleblowing system, PORR is currently implementing an IT system for reporting incidents and suggestions for improvement in the areas of anti-discrimination, harassment, residents’ complaints and human rights. In accordance with the German Supply Chain Due Diligence Act, the reporting of human rights incidents goes beyond the existing system. It also offers a fully anonymous entry option.