Budimex Group development perspectives in the forthcoming year
Next year, the Budimex Group will continue to operate in all major sectors of the construction market in Poland, as well as on the German market.
New infrastructural investments (in particular road investments implemented under the “National Roads Construction Programme for the years 2014–2023”) offer an opportunity for the Budimex Group to win new road construction contracts. In 2015, contracts signed with the General Directorate for National Roads and Motorways boosted the increase of the order book for the construction segment. The investment process will be continued, which should ensure new contracts in 2016–2017.
The Group also intends to win contracts in the building, energy and hydraulic engineering construction segment. The Group’s plans include also further development on the market of municipal services, as well as engaging in new projects on the basis of public and private partnerships.
In 2015, the Budimex Group companies signed construction contracts for the total value of PLN 7,105 million (with annexes). As at 31 December 2015, the value of the construction order book of the Budimex Group amounted to PLN 8,421 million and was by 37.9% higher in comparison with the end of 2014.
The structure of the order book as at 31 December 2015 is as follows:
Evaluation of investment projects feasibility
In 2016, the Budimex Group plans to incur capital expenditure of approx. PLN 70 million. The outlays will be made mainly on construction machines and the implementation of IT solutions.
Capital expenditure will be financed from own funds and from external sources.