# Austrian construction industry performance

> Live situation record from CLSTR: https://clstr.news/situations/austrian-construction-industry-performance
> Updated: 2026-09-11T09:01:22.000Z. Sources: 12. Developments: 3.

Austrian construction firm Strabag reported strong financial performance in late August 2026, leading the company to raise its full-year forecast. Following a first-half performance growth of 12 percent, the group increased its construction performance target to nearly 23 billion euros and raised its projected operating margin to between 5.5 and 6.0 percent. This growth was attributed to a record 36 billion euro order backlog, driven by high demand for energy and rail infrastructure projects.

By September 2026, a Deloitte ranking confirmed that Strabag and fellow Austrian firm Porr remain among the top 100 largest construction companies globally. Strabag was ranked 21st with revenues of $21.6 billion, while Porr held the 52nd position with $7.12 billion. While the global construction sector saw a slight revenue decline of 0.4 percent, European firms experienced a revenue increase of approximately 9 percent.

In the financial sector, analysts have issued positive outlooks for both firms. Erste Group analysts maintained a ‘Buy’ recommendation for Strabag, raising its price target from 109.50 to 124.00 euros based on expectations of structural growth and profitability in the European sector. Simultaneously, the investment boutique Montega issued a buy recommendation for Porr, setting a price target of 46 euros, suggesting a potential upside of 24 percent from its trading price of approximately 37 euros.

On September 11, 2026, amid a partial recovery in European stock markets, analysts continued to highlight Strabag and Porr as notable Austrian stocks with positive outlooks.

## Timeline

### 2026-09-11: European stock markets recover as oil prices stabilize

European stocks recovered slightly as oil prices stabilized and US inflation data met expectations, though uncertainty remains regarding interest rate hikes by the Fed and ECB.

6 sources. https://clstr.news/cluster/austrian-stocks-strabag-and-porr-receive-analyst-buy-recommendations

### 2026-09-10: Strabag and Porr rank among top 100 global construction firms

Austrian firms Strabag and Porr feature in Deloitte’s top 100 global construction companies list, despite a slight decline in total worldwide industry revenue.

4 sources. https://clstr.news/cluster/strabag-and-porr-rank-among-top-100-global-construction-firms

### 2026-08-27: Strabag raises 2026 annual forecast on record orders

Austrian construction giant Strabag has raised its 2026 annual forecast, citing a record 36 billion euro order backlog and strong demand for energy and rail infrastructure projects.

3 sources. https://clstr.news/cluster/strabag-raises-2026-annual-forecast-on-record-orders

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Cite as: Austrian construction industry performance. CLSTR, https://clstr.news/situations/austrian-construction-industry-performance