Goldbeck announces its results for the 2022/23 financial year

by   CIJ News iDesk III
2023-09-07   10:29

As a construction and services company based in Bielefeld, but active throughout Europe, Goldbeck has published its earnings figures for the 2022/23 financial year. In light of the supply bottlenecks with materials and the sharp increases in the price of materials and energy, Goldbeck can look back on a satisfactory financial year overall. From 1 April 2022 to 31 March 2023, the company generated a total turnover of 6.7 billion euros (previous year: more than 5 billion euros). Due to the ongoing political and economic uncertainties and the effects of rising interest rates and the economic situation, however, Goldbeck is cautious about the outlook for the coming years.

During the reporting period, Goldbeck handed over a total of 573 turnkey properties to its customers across Europe – including 312 warehouses and factory buildings, 100 office buildings, 70 multi-storey car parks, 38 school and special-category buildings, seven sports halls as well as seven residential buildings. Goldbeck’s “Existing Building Refurbishment” unit rejuvenated 39 properties. Goldbeck Technical Solutions specialises in tenant fit-outs and technical conversions and completed 79 projects. Goldbeck constructs all its buildings as individually configurable products based on industrially prefabricated system components and thus delivers important solutions for sustainable, economical and fast construction. Given new regulatory requirements on sustainability, Goldbeck is an important partner for customers in the planning, construction and operation of ESG-optimised buildings.

Goldbeck also makes a key contribution to the tight housing market in Germany via its element-based construction with a system: “Since we prefabricate key system components in our own plants, we create affordable and at the same time high-quality living space with high standards and architectural freedom in the shortest possible timeframe”, says Jörg-Uwe Goldbeck, who leads the family company together with his brother Jan-Hendrik Goldbeck as managing partners. The economic potential is huge: “Since we offer all planning and construction services as an integrated package, with the right overall conditions we can plan and construct housing space from 2,000 euros gross per square metre”, explained Jan-Hendrik Goldbeck.

The company’s service division, a strategic part of the portfolio for 25 years, also continued its positive development. Goldbeck Property Services has a real estate portfolio comprising 550 properties. Parking Services manages approximately 190 car parks with over 82,000 spaces in Germany and Austria as of the reporting date. Goldbeck Public Partner GmbH operates more than 50 buildings as part of public-private partnerships. Facility Services has a total of 1,350 properties under contract. Goldbeck Sustainability Consulting, launched in April 2022, is successfully establishing itself on the market by advising portfolio owners on the sustainable transformation of their real estate portfolios. “The holistic view of new-builds and existing properties always includes services too. Only this way can a building be operated optimally over its lifecycle”, emphasised Jörg-Uwe Goldbeck.

Goldbeck makes strides in Europe

By moving to new locations, Goldbeck is solidifying its position as a leading construction and services company in Europe. Among others, the company is now also active in Schwerin, Cardiff, London, Lucerne and Aarhus, expanding its decentralised network to 111 locations. “We understand the special characteristics of each of the markets we operate in, and we speak the language of our customers”, says Jan-Hendrik Goldbeck. Goldbeck generates more than a third of its total turnover in other European countries. “We have been building internationally for more than 25 years and have established very successful units. Our cohesion throughout Europe makes us unique”, adds Jörg-Uwe Goldbeck.

Comprehensive investment in new and existing locations

“We continuously invest in our production sites in Europe, which enables us to produce close to our customers”, says Jan-Hendrik Goldbeck. For example, the company is currently expanding its location in Treuen: in July 2023, Goldbeck celebrated the completion of a new factory building making thin sheet parts for façades. Another office building and a new multi-storey car park for staff will also be completed there by autumn 2024. At the headquarters in Bielefeld, Goldbeck will complete its sixth plant at that location by the end of 2024, with a focus on steel construction for offices and schools. An office new-build will create space for another 450 employees in Bielefeld by the middle of 2024. The third multi-storey car park for staff has been in operation at the company headquarters since June of this year. The largest investment is being carried out in Kirchberg (Hunsrück): this is where Germany’s most advanced plant for precast concrete parts is being erected, creating more than 200 workplaces. From 2025, Goldbeck will manufacture columns, ceilings, multi-storey car park slabs and wall elements here. Goldbeck is also expanding its production capacities abroad, after taking over a plant owned by Prefa Žatec, a Czech manufacturer of precast concrete parts. “With our plants spread across Europe, we ensure our decentralised and efficient supply of system components to our construction sites is even more efficient,” says Jörg-Uwe Goldbeck. “We always manufacture as close to our construction sites as possible, thereby sustainably shortening our transportation routes.”

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