Budimex expects historic order portfolio at end of year
15:12
Budimex anticipates a historic order backlog by the end of the year, with a current backlog exceeding PLN 15 billion at the end of the first half of 2024. This secures the group's projects until the end of 2024 and most of 2025, according to company officials.
President Artur Popko stated that over a quarter of the backlog consists of projects ending in 2027/28, ensuring a foundation for the next four years. By the end of June 2024, Budimex's order backlog reached PLN 15.34 billion, up from PLN 12.22 billion the previous year. Contracts signed in the first half of 2024 totaled PLN 5.66 billion, compared to PLN 2.54 billion the year before.
Budimex also has approximately PLN 9.6 billion worth of contracts awaiting finalization.
