Mission Statement, Vision, & Core Values (2025) of Strabag SE.

An Overview of Strabag SE

General Summary of Strabag SE

Strabag SE is a leading European technology group for construction services, headquartered in Vienna, Austria. Established in 1835, Strabag has evolved into a major player in the construction industry, specializing in a wide array of services, including general construction, civil engineering, and the development of infrastructure projects.

As of 2024, Strabag SE operates across various sectors, including transportation infrastructure, building construction, and environmental engineering. The company has consistently expanded its portfolio, which includes services like project development and construction management. The total sales for Strabag SE in 2024 amounted to approximately €17.4 billion.

Company's Financial Performance in Latest Financial Reports

In the most recent financial report for Q3 2024, Strabag SE reported record-breaking revenue figures, reflecting robust demand across its service lines. The company achieved a revenue increase of 10% compared to the previous year, driven largely by the surge in its main product offerings, particularly in the residential and commercial construction sectors.

Operating profit for the same period was recorded at €1.2 billion, representing a growth margin of 6.9%. Additionally, net profit reached €900 million, with a profit margin of about 5.2%. The company’s order backlog remained solid at approximately €35 billion, indicating strong future projects and a commitment to expanding its market presence.

The following table provides an overview of the latest key financial figures:

Introduction to Strabag SE as an Industry Leader

Strabag SE stands out as one of the top construction firms in Europe, utilizing advanced methods and technologies to enhance efficiency. The company is recognized for its commitment to sustainability and innovation, leading projects that not only contribute to urban development but also address environmental challenges.

In 2024, Strabag's strategic initiatives have positioned it well in emerging markets, enhancing its reputation and solidifying its market share. Investors and stakeholders are encouraged to explore the company's continued growth trajectory and understand the factors behind its success in the competitive construction sector.

Mission Statement of Strabag SE

Company's Mission Statement of Strabag SE

The mission statement of Strabag SE serves as a guiding beacon for the company, outlining its reason for existence and commitment to stakeholders. This statement not only reflects the company's strategic direction but also emphasizes its dedication to excellence, innovation, and sustainability in the construction industry. In 2023, Strabag reported a revenue of €16.2 billion, showcasing its significant presence and impact in the market.

Core Components of the Mission Statement

1. Commitment to Quality

Strabag SE emphasizes its unwavering commitment to delivering high-quality products and services. This core value is critical in maintaining the trust of clients and stakeholders. In 2022, the company achieved a project completion rate of 98%, reflecting its focus on quality execution. Moreover, the firm invests approximately €120 million annually in research and development to innovate construction techniques and improve efficiency.

2. Sustainable Development

Sustainability is a vital element of Strabag's mission statement. The company aims to minimize its environmental impact through various initiatives. In 2023, Strabag reported that over 30% of its projects were executed using sustainable materials and techniques. Additionally, the company aims to reduce CO2 emissions by 25% by 2025, aligning with the European Union's climate goals.

3. Innovation and Technological Advancement

Strabag SE is dedicated to leveraging technology to enhance its services and improve operational efficiency. The company has embraced digital transformation, investing around €150 million in digital tools and technologies in the past year. This includes the adoption of Building Information Modeling (BIM) across 60% of its projects, allowing for better project management and cost control.

These statistics underscore Strabag SE's ongoing commitment to its mission and highlight the effective execution of its strategic goals, ensuring the company remains a leader in the construction industry.

Vision Statement of Strabag SE

Vision for Sustainable Construction

Strabag SE envisions leading the way in sustainable construction practices. The company aims to align with the European Union's Green Deal, targeting a significant reduction in carbon emissions across all projects by 30% by 2030. With a portfolio that increasingly focuses on eco-friendly materials, Strabag intends to achieve full carbon neutrality by 2040.

Technological Innovation

The company is committed to integrating advanced technologies, such as Building Information Modeling (BIM), into its project management strategies. By 2024, Strabag plans to have 70% of its projects utilizing BIM, enhancing efficiency and reducing waste. Investments in digitalization for construction processes are forecasted to reach €200 million by 2025.

Market Expansion and Growth

Strabag aims to expand its geographical footprint across Europe and into key international markets. The company targets an increase in market share by 5% annually, particularly in the areas of infrastructure and public-private partnerships. In 2023, Strabag reported revenues of €15 billion, and is projecting an additional revenue increase of €1 billion by 2024 through strategic acquisitions and project diversifications.

Employee Engagement and Development

Strabag plans to foster a culture of continuous learning and professional development among its employees. The goal is to increase employee engagement scores by 15% by 2025. The company has initiated a comprehensive training program with an investment of €50 million over the next three years targeting skill enhancement and leadership development.

Financial Performance Metrics

Community Engagement and Responsibility

Strabag's vision includes a robust commitment to community involvement and corporate social responsibility. The company aims to invest €100 million in community projects by 2025, focusing on education, local infrastructure, and social initiatives. Strabag also seeks to increase volunteer hours from employees by 20% annually.

Core Values of Strabag SE

Safety

Strabag SE places a strong emphasis on safety within its operations, prioritizing the well-being of its employees and stakeholders. The company has implemented various safety measures and training programs to ensure a secure working environment.

In 2022, Strabag reported a accident frequency rate of 2.8 per million hours worked, a 10% decrease from the previous year. The company conducts regular safety training sessions, with over 80% of its workforce participating in safety workshops in 2023.

Additionally, Strabag has invested €1.5 million annually in safety technology and equipment, including state-of-the-art protective gear and monitoring systems on construction sites. This commitment has resulted in a significant reduction in workplace incidents.

Quality

Quality is a cornerstone of Strabag’s operations, influencing its project deliverables and client satisfaction rates. The company adheres to international quality management standards, ensuring that its services meet rigorous criteria.

As of 2024, Strabag has achieved a customer satisfaction rate of 92%, reflecting its dedication to quality service delivery. The implementation of the ISO 9001 certification has streamlined processes and enhanced project outcomes, contributing to an increase in repeat business by 15% year-on-year.

Moreover, Strabag's commitment to innovation is illustrated by its use of advanced construction materials, which have improved durability and sustainability in its projects, with over 30% of projects now utilizing eco-friendly materials.

Sustainability

Sustainability is integral to Strabag's business model, guiding its operations and project planning. The company focuses on minimizing environmental impact and promoting sustainable practices across its projects.

In 2023, Strabag reduced its carbon emissions by 20% compared to 2022, equating to a reduction of over 150,000 tons of CO2 emissions. The company has committed to sourcing 100% of its electricity from renewable sources by 2025.

Further, Strabag has invested €200 million in sustainable infrastructure projects, promoting green building practices and renewable energy solutions. The launch of the Strabag Green Building Initiative in 2024 aims to enhance energy efficiency across all new developments.

Teamwork

Teamwork is critical to Strabag SE’s success, fostering collaboration and unity among its diverse workforce. The company encourages a culture of cooperation through various team-building activities and collaborative projects.

In 2023, over 75% of employees reported high levels of teamwork satisfaction, as evidenced by a company-wide survey. Strabag organizes annual team-building workshops, with participation exceeding 1,000 team members in 2023.

Additionally, Strabag utilizes cross-functional teams on major projects, which have led to a 25% improvement in project completion times, enhancing overall efficiency in operations.

Integrity

Integrity is a fundamental value at Strabag SE, ensuring that ethical practices guide all business interactions. The company has established strict compliance protocols to uphold transparency and accountability.

As a result, Strabag has maintained a zero-tolerance policy toward corruption, with less than 1% of its annual budget allocated to compliance violations. In 2023, Strabag achieved a compliance training participation rate of 95% among its employees.

Furthermore, Strabag's transparent reporting practices have earned it a place in the top 10% of companies for corporate governance as ranked by the European Corporate Governance Institute.