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Return to MDAX index: Bilfinger on course for sustained profitable growth

  • MDAX entry confirms successful implementation of strategy
  • Good share price performance and positive outlook underscore Bilfinger’s attractiveness as an investment case
  • Bilfinger shares to be included in the MDAX effective March 18, 2024


Deutsche Börse AG yesterday conducted its periodic review of the DAX, MDAX and SDAX indices and announced the decision on the new composition of the DAX index family yesterday evening. As an outcome of this review, Bilfinger shares will be promoted from the SDAX to the MDAX effective March 18, thus returning to the 50-share mid-cap index after a good six years.

Bilfinger’s market capitalization has risen significantly as a result of the very good operational business performance, publication of the preliminary figures for 2023, the positive outlook for 2024 and the associated substantial rise in the share price. This, coupled with a healthy rise in trading in the shares, has now paved the way for Bilfinger’s promotion to the MDAX index. Through consistent and successful implementation of the strategy to enhance efficiency and sustainability for customers, Bilfinger met or exceeded all of its targets in 2023. With its product and service portfolio, Bilfinger serves growing demand from industrial customers seeking to outsource plant design, construction and maintenance to industrial services providers while at the same time improving efficiency and sustainability.

“We are delighted that Bilfinger shares are returning to the MDAX. This not only demonstrates the successful implementation of our strategy to achieve our mid-term targets by 2027, but also testifies to the attractiveness of our investment case. I would like to thank all of our employees who have made this accomplishment possible,” said CEO Thomas Schulz, adding that the decision is “an additional incentive to make Bilfinger No. 1 in industrial services.”

The ongoing implementation of Bilfinger’s strategy will focus this year, among other aspects, on the transformation from project to product business and further portfolio streamlining with, for example, the sale of the South Africa business. Thanks to standardization as well as providing Bilfinger’s expertise across all markets and regions, the company is actively de-risking and increasing sustainable profitable growth. The integration of Stork will be effected immediately following the closing planned for the first half of 2024. This move will strengthen the Bilfinger Group significantly in its established markets.

As already announced on publication of the preliminary figures in February, Bilfinger’s good performance will allow for a further dividend increase. Accordingly, a dividend of €1.80 per share will be proposed to the Annual General Meeting in May.

The company, which has been listed since 1912, is traded on the Frankfurt Stock Exchange in the Industrial sector and the Industrial Products & Services subsector. Bilfinger was one of the first members of the MDAX from 1987.


Anette Weidlich
Chief Communications & Public Affairs Officer
About Bilfinger arnholdt

Your service provider in the industry

Bilfinger arnholdt GmbH, headquartered in Oberhausen, is one of the market leaders in the field of scaffolding services, corrosion protection, insulation technology, as well as rope access, positioning technology and height rescue.

Founded in 1906, Bilfinger arnholdt can look back on a success story spanning more than 100 years.
Today, around 1,500 employees work for numerous well-known customers in the chemical, petrochemical, energy supply and steel industries throughout Germany.

Our Services

Our Services


- Industrial scaffolding

- Special scaffolding

- Scaffolding coordination

- 3D planning


- Heat / cold insulation
- Sound insulation
- fire protection
- cold room construction
- industrial facades
- deconstruction
- Deep-freeze insulation
- Energy efficiency analysis with TIPCHECK

Corrosion protection

- Concrete repair
- fire protection coating
- painting works
- Sponge jet blasting
- TSA Coating
- WHG & floor coatings

Rope access and positioning technology

- Inspections
- Construction services
- Maintenance services

We perform our services on onshore and offshore installations, refineries, power plants, drilling platforms and factories.

Our markets

  Our Markets

(Petro-)Chemical Industry

Bilfinger arnholdt supports companies in the chemical and petrochemical industries in finding solutions and implementing them to make their plants more sustainable, efficient and future-proof. Our broad range of industrial services offers security for the entire life cycle of your plants, from early planning to efficiency-enhancing maintenance and decommissioning.


Pharma & Biopharma

Clients from the pharmaceutical and biopharmaceutical sectors rely on Bilfinger as a long-standing partner with extensive experience and the ability to successfully manage a diverse range of requirements. In our role as an industrial service provider, we rely on proven project management and a structured work methodology to efficiently implement even challenging major projects with tight deadlines. Our professional end-to-end solutions reduce interface problems, establish clear responsibilities and minimize the effort required for supplier management.



Öl & Gas

Over many decades, Bilfinger has successfully cooperated with companies from the oil and gas sector on a global level.

The advancing energy transition requires significant changes. Whether it is the conversion of a refinery to the production of low-sulfur fuels or a petrochemical company's search for sustainable alternatives to conventional petrochemical products - Bilfinger stands ready as a reliable partner. Our many years of experience enable companies worldwide to make the right decisions and implement them successfully.


Our Locations

  Our Locations

Herne (Headquarter)

Dorstener Straße 19 – 26
44651 Herne

Telefon: +49 0209 60571-000

Branch North

Schmidts Breite 19
21107 Hamburg

Contact: Mr Plake
Telefon: +49 0 40 547784-0

Branch North-West

Dorstener Street 19-26
44651 Herne
(Car access via Herzogstraße 66)

Contact: Mr Geerts
Telefon: +49 0 209 60571 011

Branch West

Dorstener Street 19-26
44651 Herne
(Car access via Herzogstraße 66)

Contact: Mr. Geerts
Telefon: +49 0 209 60571 011

Branch East

Woschkower Weg 39
01983 Großräschen

Contact: Mrr Wolf
Telefon: +49 35753 419-200

Branch South-West

Gottlieb-Duttenhöfer-Street 27g
67454 Haßloch

Contact: Mr Seitz
Telefon: +49 0 6122 5044 16

Branch South
& SubBranch in Austria

Altenbuch 2
84556 Kastl

Contact: Mr Hübner
Telefon: +49 0 8671-8868-631

Branch Projekte Infrastruktur

An der Wuhlheide 244
12459 Berlin

Contact: Mr Wolf
Telefon: +49 35753 419 -200

Working at Bilfinger

We make it work.
You make the

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Certificate for the management system according to ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
Certificate for the management system according to normative regulations SSC-P version 2019
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