HOCHTIEF - The Construction Company Benefits from Rising Public Infrastructure Spending and the Data Center Boom

Business drivers: HOCHTIEF is currently able to massively benefit from the data center boom alongside the billions in investments from the public sector aimed at expanding and modernizing transportation infrastructure. In the first half of the year alone, its US subsidiary Turner received contracts worth a total of $3.9 billion for the construction of data centers, and this trend is expected to continue given the rising investments from many hyperscalers like Amazon AWS and Alphabet in expanding their data center capacities. HOCHTIEF is also performing...