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 (photo: STRABAG SE)
20.07.2018, 15:26

STRABAG PFS Reports Sales Growth

Company News, Facilities Management, Real Estate Management, EMEA
STRABAG Property and Facility Services GmbH (STRABAG PFS), together with its subsidiaries and international companies, increased its total revenue to EUR 1.106 billion in the 2017 financial year (2016: EUR 1.098 billion).

 

EUR 994 million was generated in Germany, compared to EUR 993 million in the previous year. Technical facility management and building management accounted for EUR 596 million of this, infrastructural facility services and industrial services for EUR 309 million and real estate management for EUR 84 million. STRABAG PFS also grew outside Germany in the past financial year, generating revenue of EUR 112 million (2016: EUR 106 million).


“This increase in revenue shows that we have successfully diversified and strengthened our sales activities,” says Martin Schenk, Chairman of the Management Board of STRABAG PFS.

 


Profitable growth with new and existing customers

In Germany, the property and industrial service provider both extended contracts with existing customers (e.g. Telefónica Germany) and gained well-known new customers in 2017, including R+V Versicherungen, Jungheinrich and WealthCap.

 

Martin Schenk, Divisional Head at STRABAG SE and Chairman of the Management Board at STRABAG PFS GmbH.
Martin Schenk, Divisional Head at STRABAG SE and Chairman of the Management Board at STRABAG PFS GmbH. © STRABAG SE
Existing international customers that extended their contracts in 2017 include the Hungarian central bank, the hotel chain Syrena (Poland) and the health and beauty retail chain dm (Austria). New customers in the international portfolio include UniCredit Bank Austria (Austria) and the DIY store chain Praktiker (Hungary).

 

In the first six months of the current financial year, STRABAG PFS further diversified its customer portfolio and more than doubled its incoming orders (compared to the same period of the previous year). The new additions include Deutsche Bahn, Esprit, the Hahn Group, Immofinanz, Nordex and Orsay.

 

“STRABAG is a strong brand. We are still the first choice for reliable, innovative and comprehensive property and industrial services,” says Schenk.

 

However, the lack of specialists and staff represents a challenge throughout the sector. “We need to work on this. Qualified and motivated people are our most valuable investment,” emphasises Schenk. STRABAG PFS had a total of 13,748 employees (2016: 14,141) in Germany and abroad as at 31 December 2017, corresponding to 9,476 FTEs* (2016: 10,187). In Germany, there were 11,704 employees or 7,802 FTEs as at the end of the reporting period.

 


Digital transformation launched

“For the future, we need experience,” says Schenk. “And we need the courage to try new things. This is why we are actively advancing the digitalisation of our business activities, for example by investing in new technologies and strategic partnerships. Together with Microsoft, we have migrated our order processing to MS Dynamics 365. The aim is to establish interface-free, end-to-end process handling for all customers – from initial contact through to invoicing.” Since 2017, STRABAG PFS has also been supporting the Real Estate Innovation Network (REIN), a key driving force for digital trends and developments in the real estate industry.

 

“STRABAG PFS has a clear goal,” says Schenk. “We want to be THE innovative property and industrial service provider.”

 

 

 

 

 

 

 

 

STRABAG Property and Facility Services GmbH

About STRABAG Property and Facility Services GmbH

STRABAG Property and Facility Services (STRABAG PFS) is a leading provider of property and industrial services with a high level of vertical integration along the value chain for the technical and commercial management of full locations and entire portfolios of industrial and property companies. Its service portfolio comprises property management, technical and infrastructural facility management, construction in existing buildings and, through DIW, specialist services such as industrial maintenance and cleaning. Discover more at www.strabag-pfs.com

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