Annual rank53
Germany · Industrials
Bilfinger Se
Bilfinger focuses on industrial projects, asset maintenance and plant turnarounds as its stated areas of work.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Keep process plants running, then rebuild them for new systems
Bilfinger is an industrial-services provider rather than the owner of the refineries, chemical plants, biopharma sites or energy networks where it works; depending on the contract, its services can extend into operational support. About 31,000 employees provide engineering, fabrication, installation, maintenance, turnarounds, inspection and digital services across Western Europe, Central Europe and an International segment covering Eastern Europe, the Middle East and North America. Its role changes by contract, from engineering adviser or system integrator to main contractor and long-term maintenance partner.
Group and strategy
One lifecycle platform, three regions and four core markets
Bilfinger organises its work around chemicals and petrochemicals, energy, oil and gas, and pharma and biopharma. Its 2030 plan combines Operational Excellence with Market Expansion through bundled services, digital offerings, performance partnerships and acquisitions. The stated ambition is 8-10% average annual growth in revenue including acquisitions, an 8-9% EBITA margin and at least 90% cash conversion. These are forward-looking targets, not achieved results; the latest full-year reporting supplies the current base and 2026 outlook.
- See Bilfinger at a glance Workforce, markets, regions and lifecycle capabilities
- Read the 2030 operating plan Operational Excellence, Market Expansion and explicit targets
- Check the FY2025 base and 2026 outlook Actual revenue, margin, cash flow and current guidance
- Map the service platform Projects, maintenance and turnarounds around customer plants
- ▶ VideoWatch: Bilfinger 2030 Official 85-second English strategy and operations film
Maintenance and turnarounds
Everyday reliability, then thousands of shutdown tasks
Routine maintenance and a planned turnaround are different jobs. Bilfinger Maintenance Solution draws on more than 400 analyses and over 100 current partnerships; Bilfinger says it also executes more than 80 major European turnarounds annually. A six-year framework makes it main solution partner for all maintenance trades at operator Zeeland Refinery. At Mitsubishi Chemical's Saltend site, more than twenty years of maintenance and turnaround work now underpin installation of a new production line with about 250 Bilfinger workers on site.
- Explore Bilfinger Maintenance Solution Asset strategy, more than 400 analyses and 100-plus partnerships
- Separate turnarounds from routine work Two-to-five-year shutdown cycles and more than 80 major jobs annually
- See six years of all-trades service at Zeeland Preventive, corrective and routine maintenance at Zeeland Refinery's Vlissingen site
- Follow twenty years at Saltend into a new line Steel, piping, EI&C, heavy lifts and about 250 site workers
- ▶ VideoWatch rotating-equipment technicians at work Official 195-second English film on pumps, motors and workshop services
Industrial projects
Integrate new energy systems and dismantle old equipment
Bilfinger's project role can range from engineering to system integration; in the named Gasunie, EWE and E.ON projects it is a contractor rather than the asset owner or energy producer. Under Gasunie's ten-year Dutch framework, Bilfinger is main contractor with BAM and Kuijpers for network stations and installations. At EWE's planned 320 MW Emden hydrogen plant it handles balance-of-plant components surrounding the electrolysis process, not the electrolyzer itself. For E.ON in Malmö it will engineer, prefabricate, install and commission a 70-metre, 2,400 MWh heat accumulator. An RWE film shows the opposite lifecycle task: dismantling steam generators in place.
- Understand Bilfinger Project Solution Project definition, engineering, integration and delivery models
- Follow Gasunie's ten-year network framework Maintenance, engineering and management with BAM and Kuijpers
- See Bilfinger's scope around EWE's electrolyzer Detailed engineering and balance-of-plant work for a 320 MW project
- Explore E.ON's 70-metre heat accumulator Polish prefabrication and 2,400 MWh of thermal storage in Malmö
- ▶ VideoWatch steam generators dismantled in place Official 402-second English RWE nuclear-decommissioning case
Digital and robotic work
Let apps, drones and robots inspect hard-to-reach assets
BCAP combines customer IT, operating and engineering data with apps for scheduling, field work, checklists and turnarounds. Bilfinger Inspection Solution adds conventional and advanced NDT, rope access, drones and robotics. A partnership with Energy Robotics brings autonomous data collection whose AI can read pressure levels, detect heat changes and identify gas leaks. On the Snorre A and B installations, robots completed 80% of pretreatment across 460 square metres inside mud tanks. Bilfinger supplies the inspection tools and services rather than owning the inspected assets.
- Explore BCAP and field apps IT, operating and engineering data with Work, Schedule and Check
- See NDT, rope access, drones and robotics Inspection methods from fabrication through decommissioning
- Meet the autonomous-inspection partner Robots and drones that read pressure levels, heat changes and gas leaks
- See robots prepare 460 square metres at Snorre A reported 80% of tank pretreatment completed robotically
- ▶ VideoWatch: digital workflows on industrial sites Official 190-second English film on mobile, twin and remote tools
Official profile sources: Bilfinger - No. 1 in Enhancing Efficiency and Sustainability · Electrical, Instrumentation and Control (E&IC): Bilfinger · Bilfinger at a Glance | Global Industrial Services Provider · History | Bilfinger
Current 2026 update
What has changed in 2026?
Acquisition effective on 1 July 2026 · 1 July 2026
Acquisition effective on 1 July 2026latest official update
4company-specific highlights
−22%2026 stock return · context only
Revenue
First-quarter revenue rose 3.6% to EUR 1,312.4 million.
Profit
Net profit increased 16.1% to EUR 36.7 million.
Free cash flow
Free cash flow fell to EUR 21.0 million from EUR 109.3 million; operating cash flow was EUR 36.1 million versus EUR 125.4 million. The prior period included a mid-double-digit-million U.S. legal-proceeding cash inflow.
AI platform acquisition
Bilfinger acquired the Zentur AI platform effective 1 July, adding digital-twin and optimisation capabilities for district-heating networks.
Official 2026 sources: Bilfinger Quarterly Statement Q1 2026 · 13 May 2026 · Bilfinger Expands Digital Service Portfolio for the Energy Sector with Acquisition of AI-powered Platform · 1 July 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 53 | +26% | +526% | +339% |