Implenia AG/€IMPN

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About Implenia AG

Implenia AG is a Swiss-based construction and real estate services company specializing in infrastructure and building construction. Headquartered in Dietlikon, Switzerland, the company focuses on complex infrastructure projects, including transportation systems, tunnels, and buildings, as well as offering real estate development and management services. Implenia operates primarily in Switzerland and Germany but has a presence in other European markets. Founded in 2006 through the merger of two Swiss companies, Implenia has positioned itself as a key player in sustainable construction practices. Its strategic strengths lie in its integrated project management approach and emphasis on sustainable, long-term value creation.

Ticker

€IMPN

Primary listing

XGAT

Employees

9,046

Headquarters

Opfikon, Switzerland

Implenia AG Metrics

BasicAdvanced
€1.3B
12.76
€5.75
0.62
€0.94
1.28%

Bulls say / Bears say

Implenia’s H1 2025 order backlog grew by 9.8% year-on-year to CHF 7.78 billion, driven by strong wins in tunneling and bridge projects, providing solid revenue visibility (Investing.com).
H1 2025 EBIT rose 12.9% to CHF 57.0 million, lifting the EBIT margin to 3.1% and reflecting improved operational efficiency across the Buildings and Civil Engineering divisions (Implenia ad hoc announcement).
The company reaffirmed its full-year 2025 EBIT guidance of around CHF 140 million, signalling management’s confidence in its growth strategy focused on high-margin infrastructure and real estate development businesses (Investing.com).
Free cash flow for H1 2025 was a negative CHF 168 million, narrowing only modestly from CHF 280 million a year earlier, underscoring persistent working capital and cash conversion challenges (Investing.com).
The equity ratio at June 30 2025 stood at 21.3%, below the medium-term target of 25%, potentially limiting the company’s financial flexibility for future investments or dividend payouts (Investing.com).
Despite revenue and EBIT growth, the H1 2025 EBIT margin of 3.1% remains well under the >4.5% medium-term goal, indicating constrained scope for enhancing profitability (TradingView News).
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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