Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (2024)

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11:35:01 2024-06-14 EDT
5-day change 1st Jan Change
47.7 EUR -3.83% Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (1) -7.20% +36.99%
06-13 BILFINGER : Deutsche Bank reiterates its Buy rating ZD
06-12 Dpa-AFX Overview: COMPANIES from 12.06.2024 15:15 DP

Bilfinger SE is suspending its 2020 guidance due to COVID-19 compounded by the oil price deterioration impact. The company is facing significant operational disruptions and limitations related to the COVID-19 pandemic and its impact on the global economy simultaneously with the substantial reduction in the oil price. The company is suspending its 2020 guidance previously provided in February 2020. The Group will reinstate its financial outlook when there is improved visibility on expected results.

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Latest news about Bilfinger SE

BILFINGER : Deutsche Bank reiterates its Buy rating ZD
Dpa-AFX Overview: COMPANIES from 12.06.2024 15:15 DP
BILFINGER : UBS reiterates its Buy rating ZD
BILFINGER : An investor day to present the progress on strategy Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (2)
Unpopular construction strike ends with wage agreement DP
Collective agreement in the construction industry - agreement over three years DP
Collective agreement in the construction industry DP
More orders for the construction industry in the first quarter DP
Q1 2024 : Some misses, some beats, a few surprises and broadly lofty valuations Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (3)
UBS raises target for Bilfinger to 59 euros - 'Buy' DP
BILFINGER : Gets a Buy rating from UBS ZD
BILFINGER : Deutsche Bank reaffirms its Buy rating ZD
BILFINGER : Q1 24: a promising year ahead Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (4)
BILFINGER : UBS remains its Buy rating ZD
Transcript : Bilfinger SE, Q1 2024 Earnings Call, May 15, 2024
Bilfinger SE Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
BILFINGER : Deutsche Bank reiterates its Buy rating ZD
BILFINGER : Opinion change, from Add to Buy Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (5)
Global markets live: Boeing, Shell, AstraZeneca, Tesla, Meta... Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (6)
Dpa-AFX Overview: COMPANIES - The most important news of the weekend DP
RE
Green Hydrogen Systems A/S and Bilfinger Collaborate on Green Hydrogen Projects CI
INDEX-MONITOR: Morphosys and Bilfinger in the MDax as of today - Dax unchanged DP
Bilfinger SE(XTRA:GBF) added to Germany MDAX Index (Performance) CI
Bilfinger SE(XTRA:GBF) dropped from Germany SDAX (Total Return) Index CI

Chart Bilfinger SE

Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (7)

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Company Profile

Bilfinger SE is a Germany-based international industrial services provider. The Company provides customized engineering and services to customers in the process industry. Its Industrial business segment includes industrial maintenance; insulation, scaffolding and painting; oil and gas, and engineering solutions. The Industrial business segment includes activities, such as design, development and erection of industrial facilities; maintenance and repair of industrial plants; project management; assembly and installation of plant components; design, development and implementation of automation solutions, and insulation, surface and corrosion protection, industrial scaffolding. Its Power business segment includes activities, such as repair, maintenance, efficiency enhancements and service life extensions, as well as the demolition of existing power plants, and design, manufacture and assembly of components for power plant systems with a focus on boilers and high-pressure piping systems.

Sector

Calendar

2024-08-12 - Q2 2024 Earnings Release

More about the company

Income Statement Evolution

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Analysis / Opinion

BILFINGER : An investor day to present the progress on strategy June 12, 2024 at 03:44 am

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Ratings for Bilfinger SE

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (9)

Buy

Mean consensus

BUY

Number of Analysts

4

Last Close Price

47.7EUR

Average target price

55.5EUR

Spread / Average Target

+16.35%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

1st Jan change Capi.

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Bilfinger SE Suspends Its 2020 Guidance Due to COVID-19 Compounded by the Oil Price Deterioration Impact (2024)

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