Budimex’s unveils Strategy 2030+

Oct 28 (Reuters) - Poland's largest construction company Budimex BDXP.WA said on Wednesday that it plans to accelerate international diversification, while maintaining its domestic lead.

It also underscored plans to expand into energy, defence and nuclear infrastructure in its "Strategy 2030+" plan.

• Budimex expects the domestic market to grow by roughly 7-10%, driven by investments in transport, energy, defence and industrial infrastructure

• Large-scale infrastructure projects such as Port Polska and Poland's first nuclear power plant will support growth, the company said

• It forecast a compound annual revenue growth rate of at least 8% for 2026 to 2030 and average EBIT growth of at least 6%, and said it plans to run a stable dividend policy

• Budimex estimated foreign markets' share in revenue to grow to 10% to 15% in the period from 8.5% in 2015 to 2025, with opportunities in the Czech Republic, Germany and Rail Baltica

• The company said it has identified addressable opportunities of nearly PLN 1 trillion ($252.53 billion) in Poland, the Czech Republic and Germany

• It estimated the Ukrainian reconstruction market at $96 billion to $188 billion, but said its strategy for the country depends on the geopolitical situation

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